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When 'Treat Yourself' Beauty Started Doing The Math

Beauty
International Business Times Fews App News Provider
Fews App Post Time há 4h

For years, the unofficial rule of beauty spending was that small indulgences survive almost any economy. A blowout, a gel manicure, a lash refill: cheap enough to feel harmless, expensive enough to feel like a treat. Economists even gave the pattern a name, the lipstick effect, the idea that shoppers trade down on big purchases but keep spending on small ones that make them feel good.

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