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":"50a7f06be5ae57f3ee1da14c4f1b7568","s":"54f2661d55c793e6"}
Share your thoughts. Click here