The lipstick index is a term used by Leonard Lauder to describe the sales of cosmetics (and lipstick) during the recession. Basically, lipstick sales are apparently a good way to tell how the economic health is doing.
During times of a poor economy lipstick sales are up because women (or men) tend to purchase it as a “simple” pleasure versus buying more high end dresses, shoes or other expensive products.
For me, lately, it feels like the Lipstick Index is terribly down!
Because it seems like brands are releasing less and less products!
It feels like a few years ago there was some brand new product or collection to talk about every single day but now it feels like releases are spaced apart considerably. For example, we’re headed into Summer 2015 but I don’t feel like there has been a big push for product launches or collections.
Are brands waiting to release information later? Or are they just releasing less products?
I recall years past when collections for Summer were talked about as soon as January but nowadays launch information is much more later! I don’t mind so much because I dislike talking about Fall Collections in the Summer or Holiday ones in the Fall etc…! I feel like the seasons rush by too quickly in the beauty world.
But I also feel like I have a lot less to blog about lately. It just seems releases are very spaced apart where as a few years ago it was something new nearly every week or even every single day you’d see some new skincare, makeup, or beauty product.
What do you think?
Is makeup and beauty still on its game or have things slowed down a little bit the last year or so?
Is the lipstick index up or down for you?