The lipstick index is the idea that in economic downturns, people cut back on spending on big items, but continue to buy little luxuries like lipstick. But after a very tumultuous few years - does it actually exist?

Sean Aylmer talks to Rodrigo Pizarro, CEO of L’Oreal Australia and New Zealand, about the lipstick index - and the incredible focus the business has on data literacy and staff wellbeing.