This statistic shows the results of a 2017 survey in which Millennials were asked about the main reasons why they were willing to spend money on high-end fashion or luxury items. During the survey, 19.7 percent of global respondents said they spent money on high-end fashion and luxury items because they liked to treat themselves.
Leading reasons why Millennials are willing to spend money on high-end fashion or luxury items worldwide in 2017
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Deloitte. (July 7, 2017). Leading reasons why Millennials are willing to spend money on high-end fashion or luxury items worldwide in 2017 [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/245757/brand-interaction-prior-to-luxury-item-purchases-worldwide-by-gender/
Deloitte. "Leading reasons why Millennials are willing to spend money on high-end fashion or luxury items worldwide in 2017." Chart. July 7, 2017. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/245757/brand-interaction-prior-to-luxury-item-purchases-worldwide-by-gender/
Deloitte. (2017). Leading reasons why Millennials are willing to spend money on high-end fashion or luxury items worldwide in 2017. Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/245757/brand-interaction-prior-to-luxury-item-purchases-worldwide-by-gender/
Deloitte. "Leading Reasons Why Millennials Are Willing to Spend Money on High-end Fashion or Luxury Items Worldwide in 2017." Statista, Statista Inc., 7 Jul 2017, https://www.statista.com/statistics/245757/brand-interaction-prior-to-luxury-item-purchases-worldwide-by-gender/
Deloitte, Leading reasons why Millennials are willing to spend money on high-end fashion or luxury items worldwide in 2017 Statista, https://www.statista.com/statistics/245757/brand-interaction-prior-to-luxury-item-purchases-worldwide-by-gender/ (last visited November 12, 2024)
Leading reasons why Millennials are willing to spend money on high-end fashion or luxury items worldwide in 2017 [Graph], Deloitte, July 7, 2017. [Online]. Available: https://www.statista.com/statistics/245757/brand-interaction-prior-to-luxury-item-purchases-worldwide-by-gender/
