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March 22, 2025
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Research

Consumers spending less on luxury, fearing job losses and economic uncertainty: report

April 16, 2020

Consumers are skittish in this COVID-19-driven environment, fraught with worry over their economic wellbeing. Image credit: Astound Commerce Consumers are skittish in this COVID-19-driven environment, fraught with worry over their economic wellbeing. Image credit: Astound Commerce

 

By Dianna Dilworth

Consumers are hesitant to make purchases as they fear for their health and economic situation amid the ongoing coronavirus pandemic, which is also negatively impacting the sale of luxury goods.

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  1. The future of successful luxury brand collaborations
  2. Le Bon Marché Rive Gauche debuts canine-themed retail display
  3. Rue La La makes private sale shopping accessible on Android devices
  4. Dorchester Collection names next CEO
  5. Luxury Unfiltered: How high-end brands lose their spark – and how they can get it back
  6. Off the Cuff: A Q&A with Mandarin Oriental Hotel Group's Adelina Wong Ettelson
  7. Prada taps ‘Re-Nylon’ profits to resource environmental education
  8. Luxury Unfiltered: The 4E framework is the key to transformative sales success with luxury clients
  9. Lalique opens five-story flagship in New York
  10. Louis Vuitton heightens haute horlogerie ambitions with Voutilainen collaboration
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