The McKinsey study results showed that seasonal sales and traveling abroad increased the chances of shopping luxury brands equally in both age groups under consideration. However, personal events and holidays proved to be a more relevant shopping stimulator for millennials than for generation-X luxury consumers across the country as of March 2018.
Periods with higher degree of receptivity for purchasing luxury brands in Russia as of March 2018, by age group
* The original survey question was worded as follows: "When are you usually open to consider purchasing luxury brands?"
The figures represent the answers of respondents who purchased only apparel and shoes/only bags and accessories (not incl. watches and jewelry during last 12 months).
Respondents who purchased only jewelry and watches are excluded from the analysis due to low number of responses.
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McKinsey & Company, & Farfetch, & Double Data. (June 30, 2018). Periods with higher degree of receptivity for purchasing luxury brands in Russia as of March 2018, by age group [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1068564/receptivity-moment-for-buying-luxury-by-age-russia/
McKinsey & Company, und Farfetch, und Double Data. "Periods with higher degree of receptivity for purchasing luxury brands in Russia as of March 2018, by age group." Chart. June 30, 2018. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1068564/receptivity-moment-for-buying-luxury-by-age-russia/
McKinsey & Company, Farfetch, Double Data. (2018). Periods with higher degree of receptivity for purchasing luxury brands in Russia as of March 2018, by age group. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1068564/receptivity-moment-for-buying-luxury-by-age-russia/
McKinsey & Company, and Farfetch, and Double Data. "Periods with Higher Degree of Receptivity for Purchasing Luxury Brands in Russia as of March 2018, by Age Group." Statista, Statista Inc., 30 Jun 2018, https://www.statista.com/statistics/1068564/receptivity-moment-for-buying-luxury-by-age-russia/
McKinsey & Company & Farfetch & Double Data, Periods with higher degree of receptivity for purchasing luxury brands in Russia as of March 2018, by age group Statista, https://www.statista.com/statistics/1068564/receptivity-moment-for-buying-luxury-by-age-russia/ (last visited November 23, 2024)
Periods with higher degree of receptivity for purchasing luxury brands in Russia as of March 2018, by age group [Graph], McKinsey & Company, & Farfetch, & Double Data, June 30, 2018. [Online]. Available: https://www.statista.com/statistics/1068564/receptivity-moment-for-buying-luxury-by-age-russia/
