Thursday, July 5, 2012

Beauty product spending

  • NEW YORK, July 5 (Reuters) - Tough economic times are boosting sales of beauty products and designer jeans as women put more emphasis on looking good and attracting a partner, according to a university study.
  • (Huffington Post)
  • Spending, and the Lipstick Effect, recessions may actually spur women to spend more on beauty products, not less, in hopes of attracting a mate.
  • (Denver Post)
  • Although consumer spending generally declines in periods of financial hardship, women may splurge on high-end beauty products to increase their chances of attracting, or keeping, a prosperous romantic partner, according to a series of studies.
  • (Toronto Star)
  • Skin care in general, and anti-aging products in particular, are driving growth in the beauty segment.
  • (YAHOO!)
  • Meanwhile, Estée Lauder Cos, with nearly 1,000 airport stores across its myriad brands of beauty products, is branching out to domestic major centers and attracting retailers notice.
  • (Reuters)
  • (EMAILWIRE.
  • (Emailwire)
  • Customers spending over £15 can receive a one beaded bracelet free IK International Limited is now one of the leading distributors of online hair care and beauty products across the UK and Europe.
  • (YAHOO!)
  • Dating back to the Great Depression, times of recession have consistently yielded anomalous gains for the beauty products industry, even while consumers rein in spending on household goods and recreational products.
  • (Scientific American)

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