Mmastodon LifeFashion first seen 13 h ago, last 10 h ago, peak #1
Luxury footwear gains as handbag spending declines
Original: As consumer spending on handbags dwindles, luxury footwear is proving a big - and worthy - investment for brands and sho
Consumer spending on luxury handbags is dwindling, and brands are finding that shoes are picking up the slack. According to Vogue, luxury footwear is proving a big — and worthy — investment for both brands and shoppers, as customers looking for lasting value turn to quality footwear instead of expensive bags amid tighter discretionary budgets.
Why now: Shifts in luxury consumer habits are being widely discussed as spending on handbags cools.
Vogueluxury footwear brandshandbag brands
Evidence
- As consumer spending on handbags dwindles, luxury footwear is proving a big - and worthy - investment for brands and shoppers alike. # lifestyle # fashion # luxury https://www. vogue.com/article/consumers-wa… · Econopass@flipboard.com · 3
- As consumer spending on handbags dwindles, luxury footwear is proving a big - and worthy - investment for brands and shoppers alike. #lifestyle #fashion #luxury Consumers Want Freaky Shoes. B... · fediboardlifestyle.bsky.social@bsky.brid.gy · 1
API: https://socialmediatrends-api.osmike.com/v1/trends/1204665