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Natural ingredients, such as strawberries or herbs, were seen as providing a suitable colour, and thus preferred. Lip rouge was made from multiple ingredients such as animal fat, beet root, herbs, beetles and almonds, to produce a pink or red hue. [5]
The lipstick effect is the theory that when facing an economic crisis consumers will be more willing to buy less costly luxury goods. [1] Instead of buying expensive purses and fur coats, for example, people will buy expensive cosmetics, such as high-end brands of lipstick . [ 2 ]
The Great Deflation or the Great Sag refers to the period from 1870 until 1890 in which the world prices of goods, materials and labor decreased, although at a low rate of less than 2% annually. [1] This was one of the few sustained periods of deflationary growth in the history of the United States. [citation needed]
The pandemic punch. The onset of the COVID-19 pandemic in the spring of 2020 was a blow to the overall US economy — and the lipstick market. Amazon sales of lip care and color products in the U ...
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The first lipstick was created by Parisian maison Guerlain in 1870. [10] The refillable pink lipstick has a remarkable story. An employee of Aime and Gabriel Guerlain was walking in a street and happened upon the store of a candlemaker, whose wax and colored pigments gave him a eureka moment.
The Long Depression was a worldwide price and economic recession, beginning in 1873 and running either through March 1879, or 1899, depending on the metrics used. [1] It was most severe in Europe and the United States, which had been experiencing strong economic growth fueled by the Second Industrial Revolution in the decade following the American Civil War.