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Occasionless Gift Giving Drives Retail Sales Among Millennials

Inditex, PVH, Deckers, Greats, Michael Kors & more on stage tomorrow. Don't miss Sourcing Summit NY.

Forget birthdays, Christmas and baby showers—“occasions” are the least of a millennial’s concerns when it comes to springing for a gift. Turns out this demographic is fond of buying gifts for others for no particular reason, according to the 42 percent who told gifting technology firm Loop Commerce they’ve purchased a gift just for the…

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