Retail
December 15, 2023
Survey findings suggest 51 percent of Gen Z shoppers plan on purchasing luxury gifts, versus just 15 percent of baby boomers. Image credit: Neiman Marcus
By Amirah Keaton
Young consumers may prove key to maximizing profits as high-end brands enter the home stretch this holiday season, according to the latest research from global retail solutions firm First Insight.
{"ct":"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","iv":"545175dd36bb2e396317cfde78e2973d","s":"e0d62293aa14cf2f"}
Share your thoughts. Click here