Millennials Will be Heavy Consumers of Luxury Goods by 2025
May 21, 2020 at 11:38 AM EDT
As the population ages, the changing of the guard into luxury goods will see more millennial buyers. Bain & Company is forecasting that over 50% of millennials will be lux goods’ primary consumers in the next five years. “The latest luxury report from consulting firm Bain & Company shows...