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Gen Z is driving luxury sales as wealthy shoppers get younger

Por: CNBC Business January 18, 2023

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Peter Cade Stone Getty ImagesLuxury shoppers are getting wealthier and younger, with purchases by some of the newest consumers expected to grow three times faster than older generations over the next decade, according to a new report.Generation Y, also known as millennials, and Generation Z accounted for all of the luxury market's growth last year, according to a report from Bain & Co. Spending by Gen Z and the even younger Generation... + full article



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