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February 25, 2025
Luxurious shoppers are feeling much less optimistic concerning the financial system, but stay engaged in luxurious purchasing, in line with the most recent Saks Luxurious Pulse survey.
Luxurious shoppers keep engaged regardless of financial considerations: Saks Luxurious Pulse survey – Saks
The first causes for declining confidence within the financial system embody international conflicts and financial instability, notably amongst these with an earnings of $200K or extra. In response to financial uncertainty, luxurious shoppers are prioritizing monetary safety, bodily well being, and journey or new experiences in 2025.
Nonetheless, 58% of respondents plan to proceed spending the identical or extra on luxurious.
