US EditionDATA 48% of UK consumers planning to downgrade luxury spending - InternetRetailing
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DATA 48% of UK consumers planning to downgrade luxury spending - InternetRetailing
A new InternetRetailing report looking at the UK luxury retail space highlights that consumers are still drawn to the perceived quality of luxury, with a growing number embracing pre-loved luxury items. However it has also highlights that the UK luxury market is pretty static in terms of spending patterns ConsumerX research found three quarters (74%) of shoppers cite quality as the main reason why they buy luxury products over others that are av…
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