Leonard Lauder, chairman and eldest son of Estee Lauder, came up with the ';Lipstick Indicator'; which measures the sales of the cheap luxury of lipstick during times of economic trouble. So women, is this true? Are you buying more luxury lipstick as oppose to other more expensive cosmetic products?Lipstick Selling Hot Right Now?
I have heard this before.
Whenever times are bad, women buy more expensive lipstick.
I personally would love to buy expensive lipstick when times are better.
At bad times, I'd rather spent more money on more necessary things.
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