
Resale Value of Gucci and Louis Vuitton Handbags Takes a Hit
Mass layoffs, inflation, and fears of a recession are not only putting a damper on consumers’ appetite for buying the latest fashion products but also
Mass layoffs, inflation, and fears of a recession are not only putting a damper on consumers’ appetite for buying the latest fashion products but also
Swiss watch exports soared to a new high, with U.S. shoppers driving demand for expensive timepieces in November. According to the Federation of the Swiss
U.S. retailers are expecting bumper Super Saturday sales this year, with 158.5 million consumers planning to make last-minute holiday purchases on the last Saturday before
A record number of adults living with their parents are driving demand for luxury products in the U.S. and the U.K. Morgan Stanley’s research indicates
Consumers spent a record-breaking $9.12 billion online on Black Friday sales this year, Adobe’s data shows. The sales marked a 2.3% year-over-year increment, with demand
Less than 20% of consumers plan to shop on Black Friday, with most of them starting their holiday shopping earlier. This change marks a significant
This holiday season is going to mean big business for brands and retailers that offer gift subscriptions. According to a new study conducted by subscription
Even in the face of economic pressures, consumers are leaning into experiences and prioritizing essential goods now more than ever. A new Mastercard study on
The 2022 Halloween festivities are expected to be celebrated in full fanfare, with 69% of consumers planning to celebrate the holiday this year — up
Consumer spending during the 2022 holiday season is projected to rise by 7.1%, according to Mastercard’s latest SpendingPulse data shows. Mastercard predicts that consumers will