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Last updated May 4, 2008 6:48 p.m. PT

Applying lipstick
Karen Ducey / P-I
Sang Cao, left, from Seattle has lipstick applied by Too Faced makeup artist Mercedes Craft on Tuesday at Sephora in Seattle.

Do women buy more lipstick when economy gets sour?

By KAYLEEN SCHAEFER
THE NEW YORK TIMES

Last month, Betsy Stein made a beeline for Bloomingdale's to buy a shirt, but the Nanette Lepore top she found was $280. Stein, 33, a business manager for a classical music composer in Manhattan, told herself that in the current economic climate, she shouldn't charge it.

"With the scare of the downturn," she said, "I decided to cut back on my shopaholic problem and exercise some restraint."

But the next day at Sephora, she made a substitute purchase. "I could buy one or two lipsticks for about $40," she said. "That's far less than $280."

Stein's rationale for buying lipstick echoes a theory once proposed by Leonard Lauder, the chairman of Estee Lauder Cos.

(Editor's note: This story is no longer available on seattlepi.com because of contractual obligations. See the original at NYTimes.com.)

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