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The Lipstick Effect: Do we need to be wary of 'treating' ourselves to little luxuries during a recession?

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The lipstick index: rise in premium beauty sales for L'Oréal et al foretells trouble ahead

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The Lipstick Index Is Back - WSJ

Lipstick index: Do shoppers turn to low-cost luxuries in a recession?

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Is “Lipstick Effect” – the only uptick seen in High street cosmetic retail in UK?💄📈

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The lipstick index goes nude - Telegraph