The 'lipstick index' is back — and retailers are trying to cash in - CNBC

As shoppers pull back in other discretionary categories, they have continued to splurge on fragrances, makeup and more.

As prices creep up, some people have decided against getting a new outfit, delayed big purchases like TVs or cancelled Netflix accounts. But for now, they're still splurging on beauty. For retailer… [+5062 chars]

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