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Signs of the Times…The New Lipstick Index

Toniq's Cheryl Swanson looks at some other beauty industry indicators.

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By: TOM BRANNA

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By Cheryl Swanson Toniq LLC Time magazine recently reported on “The Lipstick Index” (Time, Special Money Issue, October 10, 2011). Lipstick sales have long been an economic indicator; when the economy is down, lipstick sales have traditionally gone up. Women would rather spend on little luxuries when purse strings are tighter and the economy is uncertain – and lipstick has been that one affordable luxury that makes a women feel pampered and more confident. After all, when you feel beautifu...

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