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Current recession turns ‘lipstick index’ into a skincare one

Skincare company The Facialist fills gap in the domestic cosmetics market.

WATCH: The Facialist founder Ashleigh Scott speaks with Kate McVicar.

Kate McVicar Mon, 01 Jul 2024

Despite a recession and a cost-of-living crisis, the skincare industry has proven resilient enough for some to question whether it is the new ‘skincare index’, an update on the term ‘lipstick index’ – first coined by the chair of Estée Lauder to describe the uplift of cosmetics sales

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Kate McVicar Mon, 01 Jul 2024
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Current recession turns ‘lipstick index’ into a skincare one
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