Redefining the “Lipstick Effect”– Examples of Recession-Proof Categories When an economy enters troubled waters, this does not spell bad news for all categories. “Affordable luxury”, for example, tends to perform well in a recessionary environment. This trend became known as the “lipstick effect”, a term coined by Leonard Lauder, Chairman of Estée Lauder, at the beginning of 2001 when he observed that lipstick sales tend to be inversely correlated to economic health. While lipstick sales did not withstand the recent recession, there is some evidence that the “affordable luxury” effect is still present, but manifesting itself in different categories over time. Figure 1: Response to Recession in Developed World Source: Euromonitor International (Passport Industries) Note: Industry dynamics during the 2008/2009 downturn. Did the Lipstick Effect Fail the Test of Time? Whether by accidental correlation or strong underlying psychological/economic motives, lipstick sales have historically performed well during slowdowns and equally poorly when an economy was strong.
Here's Where You Can Buy Sephora In The UK | LOOK Because the fact the UK STILL doesn't have Sephora is DUMB. Everyone knows that Sephora is essentially mecca for the beauty junkies of the world. Yet, in the year of 2017, us UK based beauty addicts are still subjected to having to save our Sephora hauls for every time a friend/relative/random-person-you’ve-contacted-on-instagram goes abroad. Yup those years of working in the beauty industry have finally paid off pals. Okay so obviously we can’t get our paws on actual Sephora without crossing the pond. Here’s a list of some of the BEST beauty brands stocked at Sephora – that you can actually buy in the UK too. Algenist Stocked at SpaceNK Alterna Haircare Stocked at Lookfantastic Amazing Cosmetics Stocked at Marks & Spencers amika Stocked at Salon Services Anastasia Beverly Hills Stocked at Cult Beauty Apivita Stocked at Harvey Nichols Available at Feel Unique Atelier Cologne Available at Selfridges Besame Cosmetics Available at Cult Beauty Available at Space NK blendSMART Available on QVC Blinc Buxom Caudalie
Into the red: 'lipstick effect' reveals the true face of the recession | Business Some say hemlines and heels rise and fall with the state of the stockmarket. But for those who really want to know how bad things are there is only one item that counts: lipstick. When times are tough, consumers stop spending on big ticket items. Car sales are down by a third; the drop in demand for mortgages has taken its toll of spending on carpets and furniture. But, according to one City economist, rather than lose the spending habit consumers simply trade down to cheaper items to cheer themselves up. Dhaval Joshi, analyst with RAB Capital, said that the recent sales figures from the world's big cosmetic companies - L'Oréal, Beiersdorf and Shiseido - confirm that the so-called lipstick effect has returned as the global economy has headed into its first synchronised downturn since the early 1980s, with consumers increasing their spending on cosmetics even while economising on everything else. In the first half of the year, L'Oréal showed like-for-like sales growth of 5.3%."
Writing Conclusions Conclusions are shorter sections of academic texts which usually serve two functions. The first is to summarise and bring together the main areas covered in the writing, which might be called ‘looking back’; and the second is to give a final comment or judgement on this. The final comment may also include making suggestions for improvement and speculating on future directions. In dissertations and research papers, conclusions tend to be more complex and will also include sections on the significance of the findings and recommendations for future work. Conclusions may be optional in research articles where consolidation of the study and general implications are covered in the Discussion section. However, they are usually expected in dissertations and essays. Restatement of aims Summarising research findings Suggesting implications for the field of knowledge Significance of the findings or contribution of the study Significance of the findings with a qualification
Color Science - P&G Beauty&Grooming | History of Makeup and Color While the cosmetics industry regularly produces new products, makeup itself is anything but new. Since the dawn of time, women (and men) have applied a wide variety of products to enhance their faces and improve their natural beauty. Research shows that human beings have been using makeup for over 50,000 years. Neanderthals used yellow foundation-type pigments and red powders for ritual purposes. In the 4th century B.C., upper class Egyptian women applied scented oils, creams made from the fat of sheep and eye paint. Sarah Vickery, P&G Beauty & Grooming Principal Scientist, discusses how the Color Science program allows P&G Beauty & Grooming scientists to create natural-looking skin foundation shades and vibrant color cosmetics schemes that enable women to convey certain messages about themselves to others. Similar to the Egyptians, First Century Romans also used kohl as an early form of eyeliner and mascara. The makeup industry as we know it today came to life in the 1900s. References
Signalling Transition Previewing what is to follow in a paper or dissertation is like showing a map to a driver; it enables them to see where they are going. So it is useful to think of a preview section as a ‘road map’ for the reader. It must be accurate, but it must be easy to follow. Writers are also expected to indicate to the reader when they are moving from one topic to another, or from one section of text to another. Previewing sections of text The section below describes … What follows is an account of … In the following pages, I will present … The following is a brief description of … In the section that follows, it will be argued that … The problem of X is discussed in the following section. Introducing a new topic or aspect of a topic Regarding X, … As regards X, … In terms of X, … In the case of X … With regard to X, … With respect to X, … On the question of X, … As far as X is concerned, … Reintroducing a topic Moving from one section to the next Summarising a section or chapter
Consumers Need to Push Sustainability in Order for Beauty Brands to Follow Suit | GCIMagazine.com Posted: December 2, 2013 “Consumer behavior needs to change for sustainability” was one of the key messages from the recent European and Asia-Pacific editions of the Sustainable Cosmetics Summit. More than 150 senior executives convened at each edition in Paris and Hong Kong to discuss key sustainability issues affecting the beauty industry. A number of speakers suggested that consumer behavior was becoming a major barrier to sustainable development of the beauty industry. Although operators are implementing a raft of sustainability initiatives, consumer education and recognition of such remains low. Furthermore, lack of consumer demand for green products and ingredients was discouraging brands to make greater commitments. In a paper presented at the event, the Union for Ethical BioTrade showed awareness of biodiversity and green issues is rising in Asia. Consumer awareness is also a major issue in Europe.
Social Media has Created a Generation of Narcissists In the opening scene to cult British movie, Trainspotting, the film’s protagonist, Renton (played by Ewan McGregor,) launches straight into a nihilistic, yet perversely uplifting, tirade against the spiritually bankrupt materialism that had triumphed in Britain throughout the Margaret Thatcher years. “Choose life,” advised the now-famous monologue. “Choose a big fucking television, washing machines, cars, compact disc players and electrical tin openers,” it continued, before descending into a dressing down of the consumerist condition. It was a perfect diagnosis of the state of the nation as 18 long, brutal years of uninterrupted Conservative Party rule drew to a close, and it would be remembered forever as a pop cultural epitaph for this defining period in British history. Set two decades after the original, it was accompanied by yet another Renton rant that had been updated for the modern era. TriStar Pictures Mark Zuckerberg on Facebook via Dallas News despair.com gottabemobile.com
Europe Industry Watch Europe Cargill's cocoa and chocolate business has made a significant investment to expand its cocoa liquors capabilities in its plants in France and Germany. The move comes as it looks to meet growing consumer demand for organic and sustainable confectionary products. According to Cargill Cocoa & Chocolate's Managing Director Philippe Huet, 'this major investment in our cocoa liquor capabilities will enable us to meet growing customer demand for premium and organic chocolate products. These liquors are used in our wide range of chocolate recipes and in our organic certified cocoa butter and powders.' The investment in Rouen, France, focuses on enhancing and expanding the Fine Flavour range of cocoa liquors. The plant in Berlin, Germany also plays an important role in the production of specialty liquors for the chocolate market and the investment significantly increases its capacity in response to additional demand for quality liquor. Source: News Release / OM Source: Portal Spozywczy