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Lipstick has always been considered "recession proof", so much so that Leonard Lauder of Estee Lauder, coined the term "lipstick index" in 2001 a theory that women will buy less expensive goods during economic crisis, to explain the surge in lipstick sales earlier in 2001. Comment?
Lipstick has always been considered "recession proof", so much so that Leonard Lauder of Estee Lauder, coined the term "lipstick index" in 2001 a theory that women will buy less expensive goods during economic crisis, to explain the surge in lipstick sales earlier in 2001. Comment?