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Luxury purchase intent growing: Saks Global

Monobrand luxury retail continues to reign supreme, with multi-label locations struggling to hit sales targets. Image credit: Saks/Angelo Pennetta The ongoing luxury slowdown appears to be turning despite adverse macroeconomic factors. Image credit: Saks/Angelo Pennetta

 

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.