Leading Lipstick Indicator

Who Coined the Phrase "Leading Lipstick Indicator?"


Updated 03/26/08 6:33 PM · Posted by SavvySugar · 14 comments

The Leading Lipstick Indicator refers to a theory that during times of economic uncertainty, women spring for affordable luxuries like lipstick in place of more expensive indulgences. Do you know who coined the phrase?

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