Millennials and Gen Z Accounted for All of the Luxury Market’s Growth Last Year, a New Report Says
Younger generations (Y, Z, and Alpha) will represent 80 percent of luxury purchases by 2030.
Gen Z
shopping
News
Chinese Shoppers Haven’t Returned to Europe for Luxury Goods, Even as Covid Restrictions Relax
Prior to the pandemic, Chinese shoppers made 70 percent of their luxury purchases abroad.
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News
Young Adults Living With Their Parents Are Driving a Luxury Boom: Report
Millennials and Gen Z are using their disposable income on their favorite high-end brands, according to a Morgan Stanley report.
News
Wealthy Americans Are Flocking to Europe for Holiday Shopping. Here’s Why.
Luxury goods are cheaper in the Old Continent, and you don’t pay tax.
Footwear
This Bonkers Sneaker Stand Levitates Your Kicks in Midair
It’s a nifty way to show off your prized kicks.
News
NYC’s Fifth Avenue Is the World’s Most Expensive Shopping Area
The famous shopping street beat out international haunts like London’s Bond Street and Hong Kong’s Tsim Sha Tsui district.
News
Britain’s Gen Z Rich Kids Are Driving Increased Sales at Luxury Brands—to Keep up With Social Media
Britain’s youngest and wealthiest are scooping up luxury goods—for the ‘Gram, of course.
Menswear
Americans Spent Nearly $695 Billion at Retail Stores in October Despite Inflation: Report
Total US retail sales were up 1.3 percent from September 2021 and 8.3 percent from last October.
News
Sales of Entry-Level Luxury Goods Spiked During the Pandemic. Now They’re Falling Because of Inflation.
Some high-end shoppers have been deterred by the bleak economic outlook.
Destinations
Indian Designer Sabyasachi Mukherjee on His Favorite Suites, the Meal He Can‘t Forget and Why He Doesn’t Buy Souvenirs
In this new column, the iconic Indian designer takes us around his dazzling new New York boutique—and shares his top travel experiences.
