Recession sees huge surge in nail polish sales

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The Hat

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Judging by a new US report, the ‘lipstick effect’ should be renamed the ‘nail polish effect’, as new figures show that women are not willing to compromise on beautiful nails, even during a recession. According to the Kline Cosmetics & Toiletries USA 2009 report, nail polish sales have increased by an incredible 14.3% in the US, while other beauty segments, such as colour cosmetics, lipsticks and lip-glosses, have all suffered, decreasing by 5.3%.

It credits the surge in interest to “a return of nail colour to the fashion world” combined with “consumers switching from expensive salon trips to at-home applications”. Furthermore, Kline said that today’s more value-oriented consumers have boosted demand for multiple benefit products and that people are still willing to invest in anti-ageing products, especially those containing SPF.
 

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