gvA Update

Red Lipstick, High Shoes and Economic Recession. A pair of high heeled shoes has been a good friend of women since thousands of years. According to economists, the color of women's clothing and the height of women's shoe heels have an interesting relationship with the economic situation of the time. The brighter the colors and the higher the heels, the worse the economy is. High-heeled shoes appeared in the 16th century (1793), when Marie Antoinette, the wife of French King Louis XVI, was sent to the guillotine after the French Revolution, wearing a pair of brilliant high-heeled shoes. From hemlines to lipstick, female fashion trends have long been seen as economic indicators. Stilettos, that is, high heel shoes give the advantage of the tall look, and promotes style, good body posture, good looking legs to complement the clothes you wear and your red lipstick can together give you a clear job interview advantage. Ask women who know how to do this, and they will tell you it is powerful and works like magic when the heat is on. The evidence seems to suggest that during an economic downturn, heels go up and stay up and the lipstick tends to be red. Much of this has been supported by Trevor Davis, a consumer product expert with IBM's Global Services Unit, saying that consumers turn to a more flamboyant fashion as a means of fantasy and escape, during economic downtowns. In the United States, at the height of the economic crisis in 2009, the median height of women's heels peaked at seven inches, but by 2011 when the recession eased that median had dropped all the way to two inches. Guys, women want to be noticed and taken seriously and wearing that high-heel will get you the attention you want and cause people to find out more about you. For guys, hmm, try a white shirt with suit and tie. Who knows! Our hidden economics for you.


Posted: Aug 24th, 2016 @ 01:38:23 AM