Image: via Clarins
The ‘lipstick effect’, the theory that in economic uncertainty consumers swap big ticket items for small indulgences, appears no longer applicable to British consumers.
Despite Brexit causing financial turbulence, low consumer confidence and
Not yet a Subscriber?
This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.
Subscribe now Already a subscriber? Sign in here.
