When Leonard Lauder, chairman of Estée Lauder, noted that lipstick sales had risen in the months after the 9/11 terror attacks in 2001, it eventually came to be regarded by many as a reliable metric for determining troubled economic times as it indicated buyers were opting for less expensive products. However, the ‘Lipstick Index’ has since been disputed as an accurate indicator for imminent recession with one section of analysts later suggesting a Nail Polish Index would be more applicable. The fact that tanking economies worldwide have not led to any perceptible rise in lipstick sales — due to lips-obscuring mask usage and lockdown-mandated lack of socialising occasions — indicates that the Lipstick Index has, indeed, outlived its usefulness. Actually, both indices have considerably diminished relevance now as Covid-19 preventive measures have not only masked the relevance of lip colour but also mandated hands must be in gloves, thus obviating the need … [Read more...] about With masks as the norm, will kajal index rule?
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The three athletes immediately below Federer are all football players with Ronaldo on second with estimated earnings of $105 million. His arch rival and Argentine great Lionel Messi is third with an estimated $104 million while Brazil’s Neymar comes fourth with $95.5 million. … [Read more...] about Federer edges out Ronaldo in Forbes’ list of highest paid athletes