This statistic shows the results of a 2017 survey in which respondents in the United Kingdom (UK) were asked about the main reasons why they are willing to spend money on high-end fashion or luxury items. The most popular reason given was 'I like to treat myself', with 19.7 percent of respondents claiming that this motivates them to spend on luxury products.
What are the main reasons you are willing to spend money on high-end fashion or luxury items?
68 percent female, 32 percent male; those who said they were either interested or very interested in luxury spending
Supplementary notes
* The total number of respondents in the survey was 1,005, including respondents in the US, UK, Italy and China. The source did not specify the exactly number of respondents in the UK and only gave 230+ as the average number per region.
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Deloitte. (July 1, 2017). What are the main reasons you are willing to spend money on high-end fashion or luxury items? [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/780660/reasons-for-luxury-spending-united-kingdom-uk/
Deloitte. "What are the main reasons you are willing to spend money on high-end fashion or luxury items?." Chart. July 1, 2017. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/780660/reasons-for-luxury-spending-united-kingdom-uk/
Deloitte. (2017). What are the main reasons you are willing to spend money on high-end fashion or luxury items?. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/780660/reasons-for-luxury-spending-united-kingdom-uk/
Deloitte. "What Are The Main Reasons You Are Willing to Spend Money on High-end Fashion or Luxury Items?." Statista, Statista Inc., 1 Jul 2017, https://www.statista.com/statistics/780660/reasons-for-luxury-spending-united-kingdom-uk/
Deloitte, What are the main reasons you are willing to spend money on high-end fashion or luxury items? Statista, https://www.statista.com/statistics/780660/reasons-for-luxury-spending-united-kingdom-uk/ (last visited November 21, 2024)
What are the main reasons you are willing to spend money on high-end fashion or luxury items? [Graph], Deloitte, July 1, 2017. [Online]. Available: https://www.statista.com/statistics/780660/reasons-for-luxury-spending-united-kingdom-uk/
