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
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Share of respondents
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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 July 23, 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 July 23, 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: July 23, 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 July 23, 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/