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Tag: lipstick index

How Crisis-Proof are Lipsticks now?

Our author Margit Hiebl tells why she won’t be without her red statement lips, even during the current face mask requirement. She also explains why expensive lipsticks sell particularly well in times of crisis’ like now. Normally I don’t go topless. I mean, without wearing a red lipstick. Even in times of Covid-19. But now I mean, without wearing a face mask. Will this be the timeout for lipsticks? Or just, making it a luxury item for the very special moments? Because, even if all restaurants and bars will be open again – the face mask will be our main accessoiry. And believe me, it doesn’t have a very seductive effect, when taking off the mask for having dinner and your lip-make-up looks as if you already had dinner. For, as known, a lipstick is essential for a lady, especially in difficult times. The „lipstick index“ A phenomenon, which was seen the first time after the economical crisis in the twenties of the last century in the US. Whereas the industrial did nearly halve, the revenue of lipsticks and creams did rise. A similar trend was seen after the financial crisis more than ten years ago. Same pattern after 9/11. And since then the phenomenon gots a name: Whereas stock exchange courses were flying low, sales figures for lipstick did skyrocket. Leonard Lauder, at that time CEO of Estée Lauder Companies, named this kind of indicator for economical development the “lipstick index”. Little luxury Why do women buy expensive lipstick in hard times? One attempt to explain: When the disposable income goes low in times of economical stagnation and they can’t or won’t spend lots of money for high value purchases, women treat themselves with a bit luxury – e.g. a chic lipstick. In the end, according to a maxim of Holly Golightly, the little-black-dressed New Yorker partygirl from the cult movie “Breakfast at Tiffany’s”, what counts in difficult times: „A girl can’t read that sort of thing without her lipstick“. When the going gets tough – keep going, but not without a lipstick. After all, style is everything, Diana Vreeland said, New York’s socialite and editor in chief of US-Vogue (1963-1971). It helps you getting up in the morning and going down the stairs. It’s a way of living. In a nutshell Why not wearing a kick-ass lipstick in your homeoffice, instead of wearing masks (please do this, as usual, after work or on your weekend).… weiterlesen