Luxury Consumers Ready To Spend Again

There’s good news for retailers in the latest Saks Luxury Pulse, with the quarterly research revealing a decided shift in the financial confidence of affluent consumers.

Saks reports that 58% of luxury consumers plan to spend the same or more on luxury products in the coming months, up from 53% …

1 comment about "Luxury Consumers Ready To Spend Again".
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  1. Ronald Kurtz from American Affluence Research Center, September 20, 2023 at 11:05 a.m.

    In our prior surveys of high net worth consumers, we often found that combining "same or more" responses could be a little misleading. The percentage who plan to spend "more" is very importamnt.

    Also, consumers with similar levels of income can have quite different outlooks depending on their net worth, which is a more stable indicator of wealth.

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