Saks executives are feeling confident in regards to the 2022 holiday season and have survey data supporting the sentiment.
Of the nearly 2,400 luxury shoppers participating within the “Saks Luxury Pulse,” 76 percent said they plan to spend the identical or more on holiday shopping this yr, down barely from 79 percent last yr.
Sixty-five percent said they plan to start out holiday shopping before Thanksgiving, versus 68 percent of respondents who planned to buy pre-Thanksgiving last yr.
And 43 percent said they plan to buy mostly online with some in-store shopping this holiday season, in comparison with 50 percent last yr.
“Despite an evolving economic environment, we’re pleased to see luxury consumers’ enthusiasm for shopping this holiday season, each for themselves and...
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