Wealthy consumers in the US are less confident about their future luxury spending than their counterparts in China, according to a new report. Photo; Bloomberg Wealthy consumers in the US are less confident about their future luxury spending than their counterparts in China, according to a new report. Photo; Bloomberg
Wealthy consumers in the US are less confident about their future luxury spending than their counterparts in China, according to a new report. Photo; Bloomberg

Wealthy shoppers in China more confident in luxury spending outlook than US counterparts: report

  • More Chinese luxury spenders see themselves maintaining or increasing their luxury spending over the next 12 months compared to those from the US, report says
  • US big spenders have mostly splurged on alcohol, dining and hotels during the pandemic, with the Chinese preferring beauty and consumer electronics

Topic |   Fashion
Wealthy consumers in the US are less confident about their future luxury spending than their counterparts in China, according to a new report. Photo; Bloomberg Wealthy consumers in the US are less confident about their future luxury spending than their counterparts in China, according to a new report. Photo; Bloomberg
Wealthy consumers in the US are less confident about their future luxury spending than their counterparts in China, according to a new report. Photo; Bloomberg
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