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May 21, 2025
  1. LVMH announces 2022 Innovation Award winners
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  3. Genesis sponsors Gold Gala in honor of AAPI Heritage Month
  4. Pierpaolo Piccioli joins Balenciaga as creative director
  5. UK luxury fashion exports to EU down 64pc post-Brexit: Walpole
  6. RH appoints new co-chief merchandising, creative officer
  7. Alaïa aims to empower with summer campaign
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Retail

How consumer spending fared so far through 2020

August 12, 2020

The biggest decline this quarter was in consumer spending on services, down 13.3 percent, led by steep drops in expenditures on health care, transportation services, recreation, travel and dining out The biggest decline this quarter was in consumer spending on services, down 13.3 percent, led by steep drops in expenditures on health care, transportation services, recreation, travel and dining out

 

By Pamela N. Danziger

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  1. LVMH announces 2022 Innovation Award winners
  2. Luxury Unfiltered: How brand value misalignment creates billion-dollar losses for luxury hotels
  3. Genesis sponsors Gold Gala in honor of AAPI Heritage Month
  4. Pierpaolo Piccioli joins Balenciaga as creative director
  5. UK luxury fashion exports to EU down 64pc post-Brexit: Walpole
  6. RH appoints new co-chief merchandising, creative officer
  7. Alaïa aims to empower with summer campaign
  8. Fairmont salutes company heritage in new campaign
  9. Hyatt taps American tennis player Jessica Pegula as ambassador
  10. Follow @LuxuryDaily for the latest in luxury news
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