US inflation rates may be near 40-year highs, but consumers will still purchase lipsticks, fragrances and other beauty essentials. That’s the prediction of several cosmetics company CEOs, who provided their take on the economy and the consumer during Q3 earnings calls. Coty CEO Sue Nabi observed that even in tough economic times, women will still opt and shop for cosmetics, but the product mix might be different than in previous downturns. Leonard Lauder famously introduced the world to the L...