Source : https://www.spireresearch.com/newsroom/videos/the-lipstick-effect/

Lipstick sales: A good barometer for the Economy?


 
 



7 February 2012
Bernama Today

Consumers world-wide tend to react to economic crises by purchasing small-ticket “feel-good” items like lipstick. Spire discusses this trend in the context of world history and Malaysia’s experience since 2008.


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