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June 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. Printemps unveils VIP shopping suite at Haussmann flagship
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  5. Dolce & Gabbana launches new season of resort takeover series
  6. Improving mine-to-market traceability remains critical: Natural Diamond Council
  7. Prada launches beauty platform
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