Designer labels for 15-year-olds? New generation splashes on luxury
Inside Retail
NOVEMBER 15, 2022
Luxury shoppers are getting younger and younger, forming a group that’s expected to buoy growth in the sector in the coming years with purchases being made from the age of 15, according to industry forecasts from consultancy Bain released Tuesday. These generations began making luxury purchases between the age of 18 and 20 years old.
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