Hey there, history lovers! On today’s episode we discuss how lipstick sales going up, means the economy is going down! From hair dye to hemlines, we unpack how women are often at the centre of quirky recession indicators and how beauty trends can reflect a shift in the economy.  

BIBLIOGRAPHY:

https://www.bloomberg.com/opinion/articles/2022-09-12/makeup-fragrance-hairtok-reveal-a-lot-about-consumer-economy-inflation 

https://www.voguebusiness.com/beauty/beauty-blind-spot-inclusive-luxury-colour-cosmetics 

https://www.euromonitor.com/article/redefining-the-lipstick-effect-examples-of-recession-proof-categories 

https://www.forbes.com/sites/pamdanziger/2022/06/01/with-inflation-rising-the-lipstick-effect-kicks-in-and-lipstick-sales-rise/?sh=32eeed7a1276  

https://core.ac.uk/download/pdf/52807802.pdf 

https://www.theguardian.com/business/2008/dec/22/recession-cosmetics-lipstick 

https://www.businessinsider.com/lipstick-index-explained-how-makeup-sales-could-forecast-recession-2022-8 

https://www.npd.com/news/blog/2022/the-evolution-of-the-lipstick-index/  

https://www.wsj.com/articles/SB1006731471172641080 

Thank you so much for listening! We’ll see you on the next one xoxo