Despite the continued impact of the ongoing macroeconomic challenges, consumers are showing an unending appetite for luxury, according to Saks’ latest Luxury Pulse study. The
U.S. retail sales made a sharp recovery in January after two months of straight decline — a sign of the country’s economic resilience in the
Consumers will spend $25.9 billion on Valentine’s Day this year, making 2023 one of the highest spending years on record. More than half of consumers
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
