Inside Story: Beauty and the business

A new breed of young Irish female entrepreneurs are making waves in the world of beauty products, writes Catherine Murphy and Gillian Nelis.

27th July, 2014

They call it the ‘lipstick index’ to explain the fact that when finances are tight, women will forego larger luxury products for smaller indulgences like cosmetics. In recent years, the term that Estée Lauder chairman Leonard Lauder coined in 2001 has proven to be absolutely true in Ireland.

Our small but highly innovative beauty industry has shown itself to be relatively recession-proof, with a number of brands not only surviving the downturn...

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