Research
September 11, 2025
The ongoing luxury slowdown appears to be turning despite adverse macroeconomic factors. Image credit: Saks/Angelo Pennetta
By Kiran Gill
Luxury consumers are starting to feel positive about the economy and their own financial outlook, according to the latest findings from U.S. holding company Saks Global.
{"ct":"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","iv":"8825066a5cd8a2ff91cee30a4a01b0ce","s":"cc8201f5366494d7"}
Share your thoughts. Click here