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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>cheapbag214s</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="http://picsrv.fora.pl/Aeolus/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Sun 1:17, 25 Aug 2013<span class="gen"> </span> Post subject: Gen Y mixes luxury and cheap-spun5</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">Gen Y mixes luxury and cheap <br />With a taste for luxury developed through flash-sale websites, Gen Y shoppers are increasing their spending at full-price online luxury retailers more than any other age bracket, based on a brand new report. <br />Gen Y spent 31% more in 2011 compared to year before, followed by Gen X buyers, who paid out 23% more, according to American Express Business Insights data released during Mercedes-Benz Fashion Week. Gen Y is comprised of individuals age 18 to 29. <br />PHOTOS: PHOTOS: VIDEO: The report analyzed spending data culled from 90 million of the company's cardmembers from 2009 to 2011, said Edmond Jay,<a href="http://peutereyjacketsuppliers.webmium.com/" target="_blank" class="postlink"><span style="font-weight: bold">http://peutereyjacketsuppliers.webmium.com/</span></a>, senior vice president at American Express Business Insights. <br />Spending growth on luxury flash-sales sites is now covered with seniors, who clicked their way to 28% spending growth in 2011. <br />"The recession acted almost as a catalyst for on the internet and online luxury," Jay said. <br />During this period, flash sales skyrocketed, but sales growth has since slowed as consumers regained a few of their former optimism. <br />"Now that consumer confidence is certainly going up,<a href="http://rogerviviershoes.webmium.com/" target="_blank" class="postlink"><span style="font-weight: bold">Roger vivier flats</span></a>, and unemployment is certainly going down just a little, I mean, it's still very uncertain, but I think people are starting to go back to that full price,<a href="http://giuseppezanottisneakerssale.webmium.com/" target="_blank" class="postlink"><span style="font-weight: bold">giuseppe zanotti pumps</span></a>," said John Jannuzzi, a method editor at Lucky Magazine. <br />"It is OK to buy something when it is this is not on sale or it's not on the flash sale. With that said, I still love a good flash sale." <br />Jay said men,<a href="http://giuseppezanottisneakerssale.webmium.com/" target="_blank" class="postlink"><span style="font-weight: bold">giuseppe zanotti</span></a>, especially those in Gen Y,<a href="http://wheretobuyrogerviviershoes.webmium.com/" target="_blank" class="postlink"><span style="font-weight: bold">roger vivier pumps</span></a>, are among the fastest growing segments in luxury and they spend a higher proportion of their money on luxury than women. <br />The current recession has also altered the way that consumers approach spending decisions, said Roseanne Morrison,<a href="http://giuseppezanottisneakers.webmium.com/" target="_blank" class="postlink"><span style="font-weight: bold">giuseppe zanotti pumps</span></a>, fashion director in the Doneger Group. <br />"They used to just purchase a lot - we named it possession obsession," Morrison said. "Now it is called surgical shopping - she shops online. She adopts the shop and is careful." <br />Calling consumers cautiously optimistic, Maren Hartman,<a href="http://rogerviviershoesshoponline.webmium.com/" target="_blank" class="postlink"><span style="font-weight: bold">roger vivier sale</span></a>, trend analyst at WGSN and director of content operations, echoed this trend. Equipped with fashion knowledge gained from reading blogs and following celebrities, more consumers are seeking out luxury items. <br />"Even if a person is really a customer who maybe can't afford the handbag, the shoe, she waits until she can afford it,<a href="http://wheretobuyrogerviviershoes.webmium.com/" target="_blank" class="postlink"><span style="font-weight: bold">roger vivier heels</span></a>," Morrison said. <br />While planning these splurge purchases,<a href="http://rogerviviershoesshoponline.webmium.com/" target="_blank" class="postlink"><span style="font-weight: bold">roger vivier sandals</span></a>, consumers gravitate to timeless pieces which will fill gaps in their wardrobes. <br />"It's no longer 'I'll just enter a store and get whatever' - there's a purpose," Hartman said. "Consumers tend to be more mindful of what they're buying into. Therefore, retailers are catering to that require and taking advantage of it." <br />Many designers also have changed their businesses to reply to a more strategic shopper. <br />One such designer is Lela Rose. <br />"I wouldn't say we've shifted the gathering, but we've offered more breadth within the collection of giving more simple silhouettes in only quite interesting fabrics," the designer said. <br />Consumers often pair splurge items with lower-end items - a tactic that Jenna Bush Hager, former First Daughter and a childhood friend of Rose's, said she employs. <br />Hager sat front row at Lela Rose's Fall 2012 show at Lincoln Center last Sunday. <br />"I think what makes a modern women is you're constantly wearing different labels - you realize, this can be a really inexpensive jacket with a nicer dress," Hager said of her outfit. <br />Although older generations are still brand loyal, young consumers tend to buy from a larger assortment of brands,<a href="http://wheretobuyrogerviviershoes.webmium.com/" target="_blank" class="postlink"><span style="font-weight: bold">Roger vivier outlet</span></a>, Jay said. <br />This younger generation also has a tendency to emphasize value more within their spending decisions - a mindset that produces a spending barbell effect. <br />When choosing along a spectrum of price, this group tends to spend either hardly any or splurge on clothing or dining. 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