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L'Oreal Benefits From Economic Insecurities As Consumers Seek Small Luxuries
L'Oreal had a good year in 2010. Indeed, the world's largest cosmetics and beauty company experienced an increase in profits of over ten percent, according to BBC. How did they do it? Their focus has been to push luxury brands, such as Maybelline,[url=http://www.fcgeo.ca]cheap ugg boots[/url], on the mass market.
That strategy has been helped, not hindered, by a struggling economy, because of what analysts call the "lipstick effect" the tendency of consumers to treat themselves to small luxury goods in times of economic stress. Although L'Oreal's sales have slowed in the latest quarter, it's attributable to the company's consumer and professional brands. The luxury end of the company, lipstick and all, is doing "quite well," Tony Allen, Group Director of Corporate Branding, Dragon Rouge, told BBC.
What a vapid analysis on the reason for L'Oreal's increase in profits. Women who never wore lipstick before are now suddenly rushing out to get some so they feel better about our economic crisis? How inane, and how insulting!
Maybe this represents the fact that women are choosing lowerpriced beauty products to save money. I know that's a wild hypothesis. But, most women I know have cut back on Clinique and Lancombe in favor of drug store cosmetics. So, actually, L'Oreal's increased profits are the result of women making intelligent financial decisions.

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14 is the fifth lunar January,[link widoczny dla zalogowanych], this day is very important for businesses,[link widoczny dla zalogowanych], because this day is "welcome the God of wealth" of the day. Many shops for luck, in the fifth lunar January began the first day of the Lunar New Year sales.
"put the sky over money and open to the world." On the morning of 14,[link widoczny dla zalogowanych], seven Lane three in Guang Yin Fang,[link widoczny dla zalogowanych], two Fortuna artist show welcome the God of wealth of the plot in the table. "God of wealth" walked across the stage to the Quartet, dual wielding, seems to gather with all the treasures of gold and silver,[link widoczny dla zalogowanych], and the heavenly Treasury open,[link widoczny dla zalogowanych], then hands full of clothes,[link widoczny dla zalogowanych], means that the Treasury gold and silver belt to the world. Many businessmen Nan Hou Jie took the red cloth to the "God of wealth" for gold,[link widoczny dla zalogowanych], to seek good luck.
Fuzhou folk expert Mr. Fang Binggui told reporters, according to folk legends, is on the fifth lunar January "mammon" birthday, "the fifth day the market opened in Fuzhou welcome the God of wealth" custom,[link widoczny dla zalogowanych], a symbol of this year the money is rolling in and. In the folk,[link widoczny dla zalogowanych], and "powu" argument, which is the fifth lunar January during the Spring Festival, many taboos to gradually get rid of,[link widoczny dla zalogowanych], slowly return to the state before the spring festival.
(Fuzhou Daily reporter Ren Siyan / Wen Zheng commander / photo)
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Shanxi Mount Wutai scenic area of Taiwan Huai temples over the emergence of multicoloured auspicious clouds, so there is a Chinese idiom "auspicious sign" or "Rui Cai auspicious clouds".

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position in China bike seems to have experienced a rebirth: 100 years ago, the British will they invented the bicycle across the ocean to the China when strong defense preparations, and into the Forbidden City,[link widoczny dla zalogowanych], from the emperor down to the attendants,[link widoczny dla zalogowanych], perhaps only the ocean as a plaything. 100 years later, Chinese not only has become a National Bicycle most,[link widoczny dla zalogowanych], and become the country's largest manufacturing bicycle. 50 years ago,[link widoczny dla zalogowanych], the bike started in Chinese manufacturing, has gradually become the main means of transport Chinese. But in the recent 10 years, automobile, motorcycle, electric vehicles are the potential to rapidly challenge and eat bicycle living space,[link widoczny dla zalogowanych], the bicycle is composed of travel tools gradually evolved into the leisure and sports equipment. For the bicycle industry is a "sunset industry" or "sunrise industry" decision,[link widoczny dla zalogowanych], has become one of the four plates China bicycle industry in Hebei Pingxiang apparently has the right to speak.
the car owner told reporters, in fact the bicycle sales market, including mountain bike,[link widoczny dla zalogowanych], city recreational vehicles and other products is the main consumption, ordinary bicycle sales co.. In addition, children bicycle is the main product, for example, a certain brand of 16 children bicycle price 688 yuan. "Don't use the previous view of the bike, change too fast."
&nbsp,[link widoczny dla zalogowanych]; bicycle "change" from the means of transport to leisure
"warrior 600, aluminum alloy car, 21 speed, the SRSUNTORXCTV-2 fork...... Price 1480 yuan." For the mountain bike the layman, this series of configuration is see things in a blur. The reporter met to buy a bike Mr. Wang of the public in Shijiazhuang the South Street, a bike line. "The entry-level player, ready to join the bicycle club,[link widoczny dla zalogowanych], participate in cycling activities, one is for fun, another for their exercise." "Bicycle now is not the means of transport, now has become a leisure and entertainment fitness tools." Shop clerk told reporters,[link widoczny dla zalogowanych], "before we buy a bicycle to spend 200 yuan to disrelish expensive, now you have a look, these sports brand which a price not more than 1000 yuan?"
workers are busy for production line. Correspondent Duan Meiqiang Zhao Zhenqi Zhao Hongyu by
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in October 29th,[link widoczny dla zalogowanych], the largest Pingxiang Xingtai bicycle accessories and baby stroller manufacturer Hebei Heng Chi Group's products in the exhibition hall, two businessmen from Libya visiting various types of baby stroller samples.
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Shanghai City, jointly with the Municipal Commission of Commerce, the district actively implement measures, efforts to defuse the cabbage and other vegetables and seasonal varieties structural slow-moving problem.

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General assembly of
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it is understood, in August 9,[link widoczny dla zalogowanych], 2010,[link widoczny dla zalogowanych], the CPC Central Committee Propaganda Department, the national development and Reform Commission, Ministry of finance, the Ministry of culture,[link widoczny dla zalogowanych], the State Bureau of cultural relics seven relevant ministries leadership, experts gathered in Chengde, Mountain Resort and around the temple in the world cultural heritage protection work carried out on-site office. The meeting decided, in the next 5 years, the country will invest 600000000 yuan for the preservation and restoration of the Mountain Resort and the surrounding temples. In December 29, 2010,[link widoczny dla zalogowanych], the 6 ministries and the Hebei Provincial People's government and the State Bureau of cultural relics,[link widoczny dla zalogowanych], the Central Propaganda Department,[link widoczny dla zalogowanych], the Ministry of finance,[link widoczny dla zalogowanych], the national development and Reform Commission, Ministry of housing and urban rural development and ethnic and Religious Affairs Committee jointly established the Chengde Mountain Resort and the surrounding temples cultural heritage protection project leading group. The State Cultural Relics Bureau Dan Jixiang, deputy governor of Hebei province Sun Shibin as the leader,[link widoczny dla zalogowanych], responsible for the organization,[link widoczny dla zalogowanych], coordination,[link widoczny dla zalogowanych], guidance of Mountain Resort and the surrounding temples cultural heritage protection project,[link widoczny dla zalogowanych], actively promote the overall progress of the project. Today, the Mountain Resort and the surrounding temples cultural heritage protection project leading group held its first meeting in Chengde, is to study the deployment of protection engineering.
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Hebei news network January 7th Chengde electric (Hebei Daily reporter high Zhenfa correspondent Guo Jianping, Sun Yan) this afternoon, the first meeting of the Chengde Mountain Resort and the surrounding temples cultural heritage protection project leading group held in Chengde. Director of engineering group leader of group of leader of the State Cultural Relics Bureau Dan Jixiang, deputy governor Sun Shibin attended the meeting and made a speech.
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Shanghai City, jointly with the Municipal Commission of Commerce, the district actively implement measures, efforts to defuse the cabbage and other vegetables and seasonal varieties structural slow-moving problem.