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Uptick in Spending by Affluents Seen Ahead

In What's New, Industry News by Accessories Staffnot open

Stevens, PA—The ultra affluents—those consumers who make up the top 20%–have picked up their spending rate, a trend that bodes well for back-to–school and holiday shopping seasons. Unity Marketing’s latest measure of affluent consumer confidence, the Luxury Consumption Index (LCI),  shows that their expectations for future spending rose in July. …