Saks survey reveals that consumers are spending more and more on luxury 
The first luxury e-commerce platform, Saks, has unveiled the findings of its Saks Luxury Pulse survey, addressed to luxury consumers, and questioning their lifestyle and spending. Zoom on the results of this latest survey.
From a broader perspective, the Saks survey found that high-income consumers continue to spend on luxury goods, particularly in the fashion and vacation sectors.
“We continue to pay close attention to the changing macroeconomic environment and the information from the Saks Luxury Pulse reinforces our view of the luxury consumer. The luxury customer remains highly engaged in fashion, and we are confident that our customers will continue to turn to Saks when they want to elevate and refresh their everyday style,” comments Marc Metrick, CEO of Saks.
The survey, which polled 2,137 Americans, those with an income of $200,000 or more answered the question “Where would they spend an extra $500?” that they would spend the most on vacations and travel (38%), followed by shoes, accessories and finally, handbags (29%).
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Featured photo : © Saks
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