TOP DRAWER ARTICLE

 

Cosmetics for Men
by
HL Carpenter

 

 

Looking for an appealing investment? Consider cosmeceuticals, also known as cosmetics. This multibillion-dollar industry, designed to keep women beautiful, has over the past few seasons focused on an attractive new market: Men.

Of course, cosmetics for the masculine set are hardly an original idea. In ancient Egypt, where beauty aids were popular, pharaohs used dark colored maquillage (pronounced mah-key-ahz) to emphasize their eyes. The Greeks and Romans liked soaps and perfumed oils. Eighteenth century men applied facial powders to cover tanned skin.

In more modern times, Hollywood brought cosmetics to the silver screen. Many a macho actor achieved captivating good looks with the aid of hair dye and theatrical makeup.

Men have also long dominated the production end of the cosmetic industry. Max Factor mixed creams and powders and introduced his line of makeup during the early 1900’s. A great many other beauty aids were invented and patented by men in the late 1800’s and the early part of the 20th century. Most notable were the electric hair dryer, hair dye and hair curlers.

While some men today cold-shoulder cosmetics, others have begun to climb on the beauty train. And with the gentlemen onboard, cosmetic sales may soon rival the national debt. That could make cosmeceuticals a pretty ride for investors.

 

Originally published November 2005.

 

***

HL Carpenter, an experienced investor and a CPA, specializes in reader friendly financial and tax topics for individuals and small businesses, and publishes Top Drawer Ink, a newsletter that's chock full of humor and common sense information.

***

This information should not be considered legal, investment or tax advice. Top Drawer Ink Corp. does not provide legal, investment or tax advice. Always consult your legal, investment and/or tax advisor regarding your personal situation.

 

 

Last update: January 8, 2011

Like what you're reading? Subscribe here:

Top Drawer Ink is a free newsletter. After you complete the opt-in process, a new issue will arrive twice each month, direct from our email box to yours.

Subscribe via RSS feed

Top Drawer Ink

What's RSS? Click here

 

Looking for a specific topic? Search here: