Lil wayne no worries slowed9/27/2023 ![]() ![]() Interest in secondhand luxury goods, renting luxury and vintage luxury is also growing. Those who said they prefer luxury items over new and trendy ones from this age group jumped from 26 percent to 44 percent, compared to six months ago. Cars and watches are categories where the high-net-worth group showed significantly higher willingness to increase spending.Ĭonsumers are becoming more rational and are looking for timeless products, especially Gen Z. The latter’s optimism is continuing to trend upward from six months ago, while affluent consumers’ outlook has stayed the same. The study sees a diverging trend between the affluent and high-net-worth groups. The good news is that the wealthy in China remain resilient spenders. Tiffany Unveils Most Expensive Design In Its History: See The World’s Fair Necklace
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