What is the lipstick effect and what does it say about our economy?On this episode of the Everybody's Business podcast, @svansmith and @chafkin talk about how, in times of economic uncertainty, the beauty industry often thrives as consumers cope by spending on modest luxuries https://t.co/qSwm0RcP17 ...

What is the lipstick effect and what does it say about our economy?On this episode of the Everybody's Business podcast, @svansmith and @chafkin talk about how, in times of economic uncertainty, the beauty industry often thrives as consumers cope by spending on modest luxuries https://t.co/qSwm0RcP17 ...

What is the lipstick effect and what does it say about our economy?On this episode of the Everybody's Business podcast, @svansmith and @chafkin talk about how, in times of economic uncertainty, the beauty industry often thrives as consumers cope by spending on modest luxuries https://t.co/qSwm0RcP17 ...