The Lipstick Effect: Exploring the Link Between Cosmetics and Mental Health
In late 2001, as the global economy buckled under the weight of a burgeoning recession, Leonard Lauder, chairman emeritus of Estée Lauder, observed a curious anomaly: while sales of high-ticket luxury goods plummeted, lipstick sales soared. This phenomenon, which he dubbed the “Lipstick Effect,” suggests that when consumers face economic or emotional distress, they pivot […]
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