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Ulta will benefit from the ‘lipstick effect’ even if no one is wearing makeup while social distancing

By: MarketWatch

April 06, 2020 at 12:17 PM EDT

Ulta Beauty, Lululemon Athletica and Abercrombie & Fitch are some of the retailers that analysts say will bounce back from the coronavirus pandemic.

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Ulta will benefit from the ‘lipstick effect’ even if no one is wearing makeup while social distancing

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