spending

High-end consumers continue to treat themselves and have a growing interest in luxury health and wellness

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Saks Luxury Pulse Finds Consumers are Spending on a Luxury Lifestyle Saks, the premier luxury ecommerce platform, has unveiled its latest Saks Luxury Pulse survey of luxury shoppers with consumer insights on spending habits and lifestyle preferences. The survey found that higher income consumers are continuing to spend on luxury, including treating themselves with fashion … Read more

Discretionary spending continued to drive growth across fashion-forward sectors. Report

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Mastercard SpendingPulse: U.S. Retail Sales in June Reflect Rising Prices for Essentials, Continued Leisure Spending. According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. consumer retail spending excluding automotive increased +9.5% year-over-year (YOY) in June, while retail sales excluding auto and gas rose +6.1% YOY. Rising prices—particularly … Read more

Tips for Planning Your Luxury Vacation

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A luxury vacation can be expensive, but it can also be an unforgettable experience. In addition, it can truly rejuvenate you, sending you back to your ordinary life far more rested than you’ve ever been before after a vacation. However, you may feel daunted about the planning process, especially if you’re going to spend a … Read more

Diamonds fill the temporary void left by travel in the way few other luxury products can

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  The potential for diamonds to capture luxury market share previously allocated to travel. Travel spending has been the key competitor to diamond jewellery in recent years, particularly for the Millennial share of wallet. But diamonds have unique power to capture consumer spend previously allocated to travel, finds De Beers, the world’s leading diamond company … Read more

Wealthy people are spending less – are they seeing signs of a recession?

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A recent USB report found wealthy investors are increasing their cash reserves, adding to growing evidence suggesting they see trouble on the horizon

Luxury Through Smarter Spending

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It’s no secret that luxury can be attained through a high income or otherwise being in possession of large amounts of money – the counter-intuitive truth is that the more important part of attaining a luxurious lifestyle is how you spend that money. In all facets of life, conscientious organization of resources leads to improved … Read more