Saks survey shows luxury shoppers still plan to spend for the holidays

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Saks survey shows luxury shoppers still plan to spend for the holidays
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The Saks Luxury Pulse survey found that while planned spending is slightly down from last year, 76 percent of consumers will still spend the same as they did in 2021.

“Despite an evolving economic environment, we’re pleased to see luxury consumers’ enthusiasm for shopping this holiday season, both for themselves and others,” said Marc Metrick, CEO of Saks, in a statement.Saks’ survey results show some changes in holiday buying habits this year, as consumers emerge from several years of pandemic-related restrictions and precautions.

More consumers plan to shop in person this year – 43 percent said they planned to shop mostly online compared to 50 percent in 2021. These consumers also said delivery and pick-up options, along with free shipping and returns for online buys, are top priorities.Fifty percent said they plan to attend or host a holiday party, and 61 percent are going to shop for new holiday clothes – up from only 45 percent last year.The majority of consumers said they plan to buy gift cards, clothes and items for hobbies as presents this year.

For a little extra holiday help, Saks is offering its customers services such as Saks stylists, holiday gift concierges, in-store pick-up for online purchases and same-day delivery in Manhattan. {"ct":"C+WmInWMkhbs2i3VlQs5OACalgd2Khwdhh3LDU0GYSfR9DnLkCata3imwmLW63H5QLp6fiaYjeeAPZ2GDbGpdWOuZs1S3ccJR6futPRUKr3mE39qdprQqN2s\/0plN2vE4T0ZexLIS38FONJd6CfqDRw2Z8yypqmNfyvGa8PCN6772VDM6YvkVuQWKRFiRqOczNPy03V13PXs2XTNPEo+Ob\/eacWKjd2LXZ4dJUZIG5Fe873vaY6L3LFFNsWvc\/ZWQ\/h9Ewzt36d\/niM4SpcFe2nO3NpTrQMr9zbKWJdw+E970iJbpQYLGTOW1FLOfbkRrvu3YJnfs6XPO7uf5oV7lKhlZ3+5pK+PkIG\/hK2gtdnspxdB6RE9qkvIsX05jtu9uyafz\/59kkcEMNQLwyp8T4I4enqbjlVSbZ\/LmUu0NmXDrFFAjiHi9RR+7lzu\/syXEkggRDYkwBeCn+8FuLDly

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