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Home > Marketplace with Kai Ryssdal > Luxury beauty products have lost some of their glow
Podcast: Marketplace with Kai Ryssdal
Episode:

Luxury beauty products have lost some of their glow

Category: Business
Duration: 00:26:04
Publish Date: 2024-08-19 23:48:06
Description:

When consumers can’t afford what they used to, many are drawn to inexpensive luxuries. Take the so-called lipstick index: When the economy slumps, lipstick sales go up. So what does it mean, economically, that luxury beauty brand Estée Lauder reported sales were down 2% compared to last year? In this episode: shifting consumer beauty habits in the U.S. and China. Plus, everyone’s signing NDAs these days, convenience stores are upping their grub offerings and California fast-food workers got a major raise, but what about prices?

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