A detailed presentation of Latin America & Caribbean shopper and air traffic research was presented by Swiss-based research agency m1nd-set at the annual ASUTIL conference, where m1nd-set CEO & Owner Dr. Peter Mohn revealed that the younger generations from the Latin America and Caribbean region are the highest spenders in travel retail. Gen Zs spend […]
Peter Mohn
m1nd-set GTR research reveals males, younger shoppers, and Asia Pacific consumers as the driving forces behind luxury shopping
Research from Swiss-based research agency m1nd-set reveals that more than half of luxury shoppers (57%) are younger than 35 years old. Millennials make up 42% of luxury shoppers in travel retail, while Gen Zs account for 15% currently. According to the research, Gen Zs have started to purchase luxury goods much earlier than the Millennials. […]
