McKinsey & Co. surveyed over 3,500 shoppers for its 2020 Holiday Season report, which shows some surprising shifts in this year’s consumer behavior. Image credit: Chanel Takeaways from McKinsey’s 2020 Holiday Season report
Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,News,Research,Retail | No Comments
McKinsey & Co. surveyed over 3,500 shoppers for its 2020 Holiday Season report, which shows some surprising shifts in this year’s consumer behavior. Image credit: Chanel {"ct":"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","iv":"b8faec9f08cd206c932c2e6acd9005e6","s":"91a068e4c5ee4c1d"}