Affluent Women are controlling Purse Strings, says Luxury Institute

Affluent women are the main spenders of affluent households Affluent female consumers are making 68 percent of their household’s purchases, while more women are becoming the bread winners of their families, according to a new survey from the Luxury Institute. Women are now more involved in purchasing and financial decisions for the family than ever before. Since this trend is likely to continue, luxury marketers should look to target affluent women to drive sales. “This means that … [Read more...]

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