By Swazi Mabuza Economics is one of the most metaphor-filled “sciences” we have. It might be economists’ hope to convert us all into experts, or it might be the ...

Understanding Lipstick and Its Effects Lipstick Myths: For many women, lipstick is a vital component of their makeup routine.

Cost-conscious consumers are trading down when it comes to everyday necessities like groceries as well as in other categories like electronics and apparel. But one thing they're not pulling back on: ...

The lipstick effect was theorized first by economics and sociology professor Juliet Schor in her 1998 book The Overspent American. Investopedia explains that the lipstick effect occurs when consumers ...

Sales figures from one of the world's largest cosmetics companies, L'Oreal, revealed that during 2008, a year when the rest of the economy suffered record declines in sales, the cosmetics leviathan ...

Lipstick sales are strong when the economy is weak. That's the idea behind the "lipstick effect" — a theory that melds consumer psychology with economic conditions. The logic certainly makes sense: ...

Within beauty circles, the Lipstick Effect has become a pervasive theory, proven time and time again. It states that despite facing economic uncertainty, such as during a recession or rise in ...

When times are tough and budgets are stretched, sales of lipstick surge. Over the years, a number of different explanations have been offered for this phenomenon. But no one suggested the answer just ...

Soaring inflation across the U.S. is impossible to ignore. From the gas station to the grocery store to the home, every part of life is being impacted. And that’s true for the beauty sector, too. In a ...

In times of economic turmoil, beauty consumers still like to treat themselves — they just do it in moderation. In lieu of Botox treatments or body contouring to lift their spirits, buyers will instead ...

Beauty trends constantly evolve, but these seven lipstick shades have remained my consistent favorites because they're ...