Luxury Christmas Gifts are the way to go (if you can afford them). From luxe yachts to haute couture and even blinged-out watches, this cluster will take you on a wild ride through the best gifts that Mr. Richie Rich could ever dream of putting on his holiday wishlist.
It is evident that when you are purchasing luxury Christmas gifts, it is all about the Benjamins.
Implications - There is a common misconception that luxury goods that are created during the economic crisis will perform poorly, and while this may have been true during the peak of the economic downturn, it no longer is the case. As the recession begins to come to an end, more and more consumers are rejoicing through purchasing luxury goods.
SCORE
6.4 out of 10
GENDER
50% Men50% Women
MARKETTop markets: North America, Europe, Asia
GENERATION
- Gen Z
- Gen Alpha
- Millennial (primary audience)
- Gen X (primary audience)
POPULARITY
Popularity 98%
Activity 87%
Freshness 8%
