The U.S. jewelry market grew 5% in 2024 to $85.4 billion, but affluent consumers are pulling back on planned jewelry purchases this year.
Archive | Affluent Consumers
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How To Navigate The Luxury Market In Transition
The State of Luxury 2025 report provides insights to help brands navigate economic shifts, evolving consumer demands, and digital transformation.
Luxury Is Losing Its Lustre As American Affluents’ Priorities Shift
Latest results of Research The Affluent Luxury Tracking study reveal a HNW/UHNW American consumer balancing their spending between indulgence and restraint.
American Luxury Consumers Pull Back, Challenging LVMH, Ralph Lauren, Capri And Tapestry
Affluent Americans are pulling back in luxury spending. LVMH, Tapestry, Capri Holdings and Ralph Lauren are seeing the results in their latest earnings reports.
Conspicuous Consumption Is Back: Navigating Millennial Status Motivation For Luxury Brands
A new survey finds affluent Millennials are keen to purchase luxury goods for the status they confer, calling on luxury brands to embrace their customers’ status needs.
