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April 11, 2026
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Retail

Most likely to splurge on last-minute luxury gifts? Gen Z shoppers: report

December 15, 2023

Survey findings suggest 51 percent of Gen Z shoppers plan on purchasing luxury gifts, versus just 15 percent of baby boomers. Image credit: Neiman Marcus

 

By Amirah Keaton

Young consumers may prove key to maximizing profits as high-end brands enter the home stretch this holiday season, according to the latest research from global retail solutions firm First Insight.

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  1. Chandon launches ready-to-serve spritz collection
  2. Launching Radar, Triple S.2, Balenciaga releases ode to ritual
  3. Omni Hotels forms lifestyle partnership with sportswear brand Peter Millar
  4. Luxury Unfiltered: Kering's 80pc opportunity starts with a question most brands won’t ask
  5. Louis Vuitton announces Regeneration 2030
  6. Lancôme seeds longevity-focused skincare with 20th Century Studios
  7. Gigi Hadid fronts new leather goods campaign from Miu Miu
  8. De Beers supports Desert Diamonds with bridal addition
  9. Lions, tigers, bears and 'Wirkins,' oh my!: The legality of Walmart's Hermès Birkin dupe
  10. Subscribe now: $12 for 12 weeks
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