Abstract: A sealed lipstick dispenser assembly has a base, a sleeve mounted within the base containing a lipstick pomade, and a cover mounted over the base and receiving a portion of the sleeve and pomade within a hollow interior. A bellows-like sealing member defines a sealing surface on one end, and a plurality of infolded or pleated portions to permit axial extension and retraction of the sealing surface. The sealing member is mounted on the base of the cover within the hollow interior, with the sealing surface on its free end. Upon closure of the cover on the base, the sealing surface is pressed into engagement with a lip of the sleeve due to the resilient nature of the infolded portions of the sealing member to form a fluid-tight seal, and thereby seal the lipstick pomade within the sleeve.