Financial Times FT.com

Lipstick index proves cosmetic as women kiss goodbye to the boom

By Elizabeth Rigby in London

Published: April 11 2009 03:00 | Last updated: April 11 2009 03:00

Flawless skin is replacing the perfect pout as a woman's answer to tough times, with liquid foundation supplanting lipstick as the essential item in make-up bags in the recession.

The "Foundation Index" appears ready to overtake Leonard Lauder's "Lipstick Index" as a barometer of economic activity this year as women plump for a layer of foundation as a pick-me-up in gloomy times, rather than a dash of lipstick.

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