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Nailed It

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By Danica Lo
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Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

"The lipstick theory states that when the economy is on the rocks, we'll see a spike in lipstick sales, as women are looking for affordable ways to treat themselves when times aren't so great. But a new study released by researching firm Kline & Company has discovered that it's nail polish—not lipstick—that's having a moment. According to this new data, while sales of cosmetics and toiletries slightly decreased by 0.8 percent last year, nail polish actually experienced double-digit growth, with a 14.3 percent increase in sales." [BellaSugar]

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