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Millennials’ luxury spending to increase while boomers’, Gen X’s will decrease

May 19, 2017

Millennials spend more money on experiences than products

 

By Danny Parisi

As millennials continue to accrue more wealth as they age, that growth will likely drive more spending on experiential luxury, according to a new report from YouGov.

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  1. Contemporary partnerships chart luxury's path at Milan Design Week 2025
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  5. IWC Schaffhausen explores history of Ingenieur SL in new short film
  6. Rolls-Royce redesigns Manchester showroom
  7. Lions, tigers, bears and 'Wirkins,' oh my!: The legality of Walmart's Hermès Birkin dupe
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  9. Kering salutes decade of Women in Motion with equality progress report
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