Luxury Daily
The authority in luxury news.
Dec. 6, 2025
  1. France welcomes first Case Loewe location
  2. Versace announces exit of Dario Vitale as creative director
  3. Mercedes-AMG partners with Brad Pitt, stages racing stunt in Las Vegas
  4. Chopard, Boss, Lancôme front AR experience from Snapchat
  5. Vhernier enters Asia with new store concept
  6. New film from Moncler marks return to Winter Olympics
  7. Hyatt names global lead for luxury brands
  8. ‘Tech is transforming every corner of our lives, drinks will be no exception’: report
  9. Sephora highlights the integral presence of Black beauty
  10. Prada places actors, activists at heart of 'Re-Nylon'
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Research

Millennials more likely to purchase luxury items: report

May 29, 2015

Affluent consumer; Michael Kors Affluent consumer; Michael Kors

 

By Nancy Buckley

In the United States, approximately 20 percent of the 239 million adults purchased at least one luxury item in the past year, according to a new report from Shullman Research Center.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. France welcomes first Case Loewe location
  2. Versace announces exit of Dario Vitale as creative director
  3. Mercedes-AMG partners with Brad Pitt, stages racing stunt in Las Vegas
  4. Chopard, Boss, Lancôme front AR experience from Snapchat
  5. Vhernier enters Asia with new store concept
  6. New film from Moncler marks return to Winter Olympics
  7. Hyatt names global lead for luxury brands
  8. ‘Tech is transforming every corner of our lives, drinks will be no exception’: report
  9. Sephora highlights the integral presence of Black beauty
  10. Prada places actors, activists at heart of 'Re-Nylon'
VIDEOS
More Videos

MORE IN Research
‘Tech is transforming every corner of our lives, drinks will be no exception’: report
Corporate water management strategies in APAC falling short, Kering-NUS report finds
Deloitte sees BFCM shopper turnout climb, Gen Z drives momentum
Tightened consumer pool, tier polarization redefining luxury landscape: Bain, Altagamma
EBay Watchlist tracks top holiday trends
Maximalism, eclecticism lead 2026 design outlook: 1stDibs



RECENT ARTICLES
CFDA bans fur from New York Fashion Week
The Macallan hosts exclusive residency at Rosewood Baha Mar
RH opens Detroit showroom

Alexander McQueen tests new creative signatures in spring/summer 2026 preview
Off the Cuff: A Q&A with The 1916 Company’s John Shmerler
Presenting bespoke models, Bentley tributes ‘Dutch Masters’