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Consumers Spending More On High-End Indulgences

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By: TOM BRANNA

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Recent studies show that people are indulging in more luxuries like fragrance, cosmetics and/or beauty products and skin care regimes. According to Unity Marketing, consumers’ confidence rebounded in the first quarter of 2007, rising two points to reach 100.2, up from its lowest level in 2006 at the close of the fourth quarter. Luxury consumers spent on average $14,024 on luxury goods and services, an increase of 8 % over the average amount spent in the fourth quarter 2006. These findings are ba...

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