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Here’s What Younger Consumers Value When it Comes to Luxury

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Fast fashion hasn’t hampered younger consumers’ appetite for luxury, new NPD Group research suggests. Millennial and Gen Z consumers own an average of nine luxury pieces of apparel, footwear and accessories, according to a report released Monday by the NPD Group and Stylitics. Luxury hasn’t lost its luster with this group of shoppers—but they are…

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