It’s cool folks, lipstick sales are up ITE.
Posted by breadwinner on April 10th, 2009Lipstick AKA the Kiss of Death.
Stock portfolios may be tanking, but tubes of lipstick are on the upturn. It spells good news for cosmetics makers and teeny boppers alike. But this finding is more than just skin-deep. It turns out there’s a phenomenon called The Lipstick Index which quite simply states that when cosmetic sales are up, the economy is down. Amazing. Read what some other folks had to say about that here and here.
Kiss My Ass, Chanel!
I guess I can understand the idea though. So maybe you’ve been laid off, or Madoff made off with all your money. Yet you’re really jonesing for that new Chanel bag that’s so hot right now. Well tough titties. Now you’re just going to have to settle for a $30 Chanel lip gloss in that perfect shade of tangerine. And you might have to drop that little baby into last season’s Coach bag instead of this year’s Chanel. Yeah. I totally get that. Remember ladies, your old black is still the new black.
The Bombshell Factor.
So The Lipstick Index isn’t the only gig in town. Turns out there’s a reverse-indicator that has to do with hair color. So, when lipstick sales are up, the economy is down, and so are visits to the salon for dye jobs. It’s called the “Dye Jones Index.” Seriously. I mean I wish I could make this shit up. Again, it makes perfect sense. Money’s tight, so Babs has to cut out her visits to her flamboyant colorist in favor of a trip to CVS for just the right shade of platinum, courtesy of Clairol.
Strip Clubs Take a Hit.
And the dudes are cutting back too, ladies. According to PRNewswire, men are reporting “spending less on personal entertainment categories from liquor and gambling trips to strip clubs and massage parlors.” Well, good. Maybe Babs will don her new tangerine lipstick and streaky hair and, I don’t know, make her hubby forget all about the trip to the strip club he had to cancel. Then everybody wins!
Hey, what can I say? For me, optimism is up ITE. I’m thinking of calling it The Breadwinner Index.
S.W.A.K.,
breadwinner





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