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Dec. 18, 2025
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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. Kering loops France’s Ardian into Fifth Avenue investment
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  3. ‘The defining theme of 2026 is connection – between people, systems and senses’: The Future Laboratory
  4. What’s at the end of the catwalk? Overtime pay, lunch breaks and other worker protections
  5. Moncler returns to the slopes for Grenoble campaign
  6. Capri Holdings closes Versace divestiture
  7. Audi propels Santa into the future with electric sleigh
  8. Sephora introduces new concept for SEPHORiA 2026
  9. Louis Vuitton courts rapper Future as ‘Friend of the House’
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