
Ever heard of the Lipstick Indicator? For those of you not familiar with Economics 101, the Lipstick Indicator is a well-known economic theory which states that consumers will turn to less expensive indulgences, such as lipstick, when she (or he) feels less confident about the future. Therefore lipstick sales tend to increase during times of economic uncertainty or recession. We at Stylehog.com recognize the economic crunch and want to …
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