The lipstick divide: In beauty sales, it's rich vs. poor - Fortune Management
Geege Schuman stashed this in Consumer Trends
Let's call it the Lipstick Indicator!There are studies dating back to the 1980's that indicate women will always, no matter what the broader economic conditions, find enough change in the couch to buy a new lipstick. Small investment, nice boost. Now the less fortunate are holding back on even this small purchase.
Wow, how sad. Lipstick should not be a luxury item.