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‘Lipstick index’ suggests tough economic times as beauty sales boom [Video]

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Canadian Economy and Markets

‘Lipstick index’ suggests tough economic times as beauty sales boom

New data suggests Canadian consumers are falling into the ‘lipstick index,’ spending more on cosmetics when financial times are tough. Several Canadian beauty retailers say they’re stocking up on products, expecting to build on last year’s holiday boom.

#Economy #Canada #CBCNews

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