Introduction to Generational Envelopes
This series examines consumer behavior across all living generations to provide insight into the luxury market of 2025.
Breaking Stereotypes
"People assume that women at our age are not technically versed or fashionable," says a 56-year-old luxury fashion enthusiast. This perspective is far from the truth. Women in this age group are not only fashionable but also eager to embrace new trends and technologies.
A Profile of a Luxury Consumer
A former MRI technologist, now based in Chicago, has a passion for buying luxury fashion and accessories. Her favorite brands include renowned names in the industry, where she frequently attends sales events. Her most recent purchase was a high-end handbag, bought during a trip to Hawaii just two weeks ago.
Challenging Perceptions
The common assumption that older women are stuck in the past is challenged by her attitude towards life and fashion. "We are not stuck in the past. We are curious, creative, and still learning and developing. I love to experiment and embrace new ideas," she explains. This mindset highlights the importance of understanding the diverse interests and behaviors of consumers across different age groups.