Luxury Spending news and trends

China’s Once-Dependable Tourists Are Growing Younger and Spending Less
Consumer Insights // December 17, 2023

Chinese tourists are traveling again, but reportedly aren’t spending like they did before the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Luxury Spending Continues to Slow Amid Geopolitical Uncertainty and Inflation
Retail // December 13, 2023

A slowdown in luxury spending, combined with excessive inventory levels for the holiday season, has reportedly prompted fears of a discounting spiral that could cheapen the image of luxury brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Adding Up Impact of TikTok’s Girl Math on Retail Spending 
Retail // October 11, 2023

There’s a personal finance trend on TikTok that is reshaping spending habits humorously, and it’s being referred to as “girl math.”  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Consumption Becomes Controversial as One-Third of Consumers Won’t Quit Pricey Purchases
Consumer Insights // June 04, 2023

Affording luxury has taken on a new meaning, as many consumers have cut out all but the essentials.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Interviews & Exclusives
Consumption Becomes Controversial as One-Third of Consumers Won’t Quit Pricey Purchases

June 04, 2023
Affording luxury has taken on a new meaning, as many consumers have cut out all but the essentials.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you […]

42% of Consumers Trade Other Luxuries for Travel

April 17, 2023
This installment of PYMNTS’ miniseries based around consumer spending patterns focuses on the travel sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Quick Reads
China’s Once-Dependable Tourists Are Growing Younger and Spending Less

December 17, 2023
Chinese tourists are traveling again, but reportedly aren’t spending like they did before the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

Luxury Spending Continues to Slow Amid Geopolitical Uncertainty and Inflation

December 13, 2023
A slowdown in luxury spending, combined with excessive inventory levels for the holiday season, has reportedly prompted fears of a discounting spiral that could cheapen the image of luxury brands....

Europe’s High Street Retailers Feel Loss of Chinese Luxury Shoppers

August 26, 2022
Since the start of the pandemic in 2020, Chinese tourists — once the darlings of luxury spending on European high streets — have been such a scarce sight it’s causing...