Tiny handbags, Gen Z consumers propel global luxury sales to new heights
Global sales of personal luxury goods are expected to grow by 22 per cent this year to a record US$366 billion, boosted by trends like tiny handbags, Gen Z consumers and ethnic minorities.
First published in 1903, South China Morning Post is Hong Kong’s premier English language newspaper and has the city’s most affluent and influential readership. With a reputation for authoritative, influential and independent reporting on Hong Kong and China. The newspaper is supported with its online publication and its Sunday edition, Sunday Morning Post.
Luxury spending is growing faster than ever, fuelled by pent-up pandemic demand and shifting demographics as younger, more diverse consumers buy into tiny-handbag and post-streetwear trends, according to a study released Tuesday.
Unlocking Gen Z's luxury spending power in 2023
The RealReal's 2021 Report Reveals Gen Z Continues To Be Powerful
BevNET Magazine May/June 2022 by BevNET.com - Issuu
Luxury in China South China Morning Post
Tiny handbags, Gen Z consumers propel global luxury sales to new
Tiny handbags, Gen Z consumers propel global luxury sales to new
Gen Z, millennials find a lucrative new hobby: Flipping luxury
Tiny handbags, Gen Z consumers propel global luxury sales to new
Shock of the New Chic: Dealing with New Complexity in the Business
idesignibuy - All in one Product Designer Tool - Blog
Tiny handbags, Gen Z consumers propel global luxury sales to new
Shock of the New Chic: Dealing with New Complexity in the
Unique Value Proposition Gen Z Is Leading the Way With These 6
