Mecca founder Jo Horgan is looking to skincare rather than lipstick sales.Credit:Jason South
It makes a change from typical customer behaviour,with lipstick sales historically booming during economic crises.
In the four years from 1929 to 1933,industrial production in the US halved but sales of cosmetics rose,while an executive at Estée Lauder identified a"lipstick index"after sales of expensive lipstick soared followingthe September 11 terror attacks.
Loading
More recently,sales of lipstick at John Lewis department stores in the United Kingdom rose 31 per cent in the three months to the end of June last year in the wake of Brexit.
However,with beauty retailer Mecca forced to shutter its 100 stores across Australia and New Zealand owner Jo Horgan said it was too early to tell whether the lipstick effect would deliver sales.
Ms Horgan has focused on Mecca's online offering in a bid to retain a portion of last year's $444 million turnover and has launched a virtual host experience of free and personalised beauty consultations via FaceTime for Mecca customers.
"My gut feeling is that as people are self-isolating at home,they will be looking for ways that they can take care of themselves during this time and really nourish the soul by focusing on skin,bodies and hair treatments,"she said.