Credit crunch corker: Stockings sales soar

Published: 21st April 2008

Credit crunch corker: Stockings sales soar
During a recession, sales of lipsticks and hosiery soar as girls accessorise instead of buying new outfits, it has been claimed.

Welsh newspaper the Western Mail has highlighted that the credit crunch is having a rather unpleasant effect on people's finances and forcing many to wear last season's outfits again.

However, it notes that despite such gloomy economic prospects, women are still ensuring they look fresh, glam and stylish by piling up on accessories, tights and unusual lipstick.

"So pucker up and get your stockings on," the newspaper urged.

"There's nothing cute about the credit crunch but you might as well look it."

Women who are worried that their friends are not being hit by the same financial pressures as they are can be reassured by figures recently released by MoneyExpert.com which showed that 57 per cent of adults plan to cut back their spending.

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