Luxury beauty products have lost some of their glow
Podcast |
Marketplace
Publisher |
Marketplace
Media Type |
audio
Categories Via RSS |
Business
News
Publication Date |
Aug 19, 2024
Episode Duration |
00:26:04

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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