Luxury
Status Drives Millennials To Spend More On Luxury Goods. Is Conspicuous Consumption Coming Back?
According to a new survey from Boston Consulting Group and Worth Media Group, affluent Millennials prioritize spending on luxury goods over experiences, challenging the popular notion that the next-generation is more experientially minded. While Millennials indulge actively in luxury experiences – 54% spent on experiences in the past year –…
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