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Dec. 23, 2025
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53pc of high-income earners stretching Black Friday budgets: Deloitte

November 22, 2022

Deloitte BFCM report cover photo Black Friday and Cyber Monday (BFCM) spending is on the rise, per market research from consulting firm Deloitte. Image courtesy of Deloitte

 

By Amirah Keaton

Despite current inflationary pressures and concerns, consumers are expected to spend half of their holiday budgets taking advantage of Black Friday, Cyber Monday (BFCM) sales.

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  1. Kering to acquire jewelry manufacturer Raselli Franco Group
  2. Ennismore picks Bangkok site for first-in-region SLS Residences
  3. Exclusive Resorts purchases Inspirato for $59M
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. For high-end fashion brands, wellness is the ultimate luxury
  6. Luxury Women to Watch 2017
  7. Louis Vuitton introduces Visionary Journeys Seoul
  8. Chanel unleashes ‘From Dream to Reality’
  9. Estée Lauder Cos., Jo Malone launch AI scent advisor
  10. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
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