Luxury Marketer
  1. Personal luxury goods sector to grow ~2.5pc in 2026, down from anticipated 4-5pc: research
  2. Future of refrigeration in the luxury home – and what consumers are telling brands
  3. 49pc of current customer service jobs will be lost to AI by 2030: report
  4. Ferrari Luce: The mythology mistake that luxury brands keep making – and what it costs them Open to all readers
  5. Global family offices retain faith in AI and emerging markets, reducing exposure to US dollar, real estate in diversification: report
  6. Future of luxury goods is AI-powered transformation: report
  7. 41pc of materials in LVMH products, packaging now from recycled sources or eco-designed efforts
  8. Brands are failing to nail community in a fragmented market: report
  9. Gucci’s title partnership of Alpine Formula One team eyes younger, increasingly female global audience
  10. What are the new rules of true luxury? British luxury marketers expound
  1. Future of luxury goods is AI-powered transformation: report
  2. Luxury fashion sector needs to reinvent amidst widespread global slowdown
  3. New episode of Luxury Stance Podcast: What the ultra-wealthy – 0.01 percent – want out of luxury hospitality
  4. Future of refrigeration in the luxury home – and what consumers are telling brands
  5. Is luxury losing its luster as US affluent consumers’ priorities shift?
  6. 1 week left – Countdown begins for Luxury Outlook Summit New York
  7. Why brands should scale back and focus on the core to drive growth
  8. Access no longer the new scarcity for global wealthy: report
  9. Luxury Roundtable launches Luxury Marketer, a global intelligence, analysis and news source for luxury professionals across sectors 
  10. Webinar Oct. 9: Why AI is key to luxury's future
Comment

Philanthropy

Affluent women influence 85pc of philanthropy decisions: Bank of America

October 9, 2023

The vast majority of affluent women say they sometimes or always consciously align their purchasing decisions with their values. Image credit: Shutterstock The vast majority of affluent women say they sometimes or always consciously align their purchasing decisions with their values. Image credit: Shutterstock

 

By Staff reports

Eighty-five percent of affluent households gave to charity in 2022 with the value of their average gifts rising 19 percent above pre-pandemic levels, according to a new 2023 Bank of America Study of Philanthropy.

This content is accessible only to subscribers of Luxury Marketer. We would love for you to become a subscriber and enjoy the many benefits soon after. Please click here to enroll as a subscriber of Luxury Marketer. Already a subscriber?
 
NEW INTELLIGENCE

MOST READ
  1. Future of luxury goods is AI-powered transformation: report
  2. Luxury fashion sector needs to reinvent amidst widespread global slowdown
  3. New episode of Luxury Stance Podcast: What the ultra-wealthy – 0.01 percent – want out of luxury hospitality
  4. Future of refrigeration in the luxury home – and what consumers are telling brands
  5. Is luxury losing its luster as US affluent consumers’ priorities shift?
  6. 1 week left – Countdown begins for Luxury Outlook Summit New York
  7. Why brands should scale back and focus on the core to drive growth
  8. Access no longer the new scarcity for global wealthy: report
  9. Luxury Roundtable launches Luxury Marketer, a global intelligence, analysis and news source for luxury professionals across sectors 
  10. Webinar Oct. 9: Why AI is key to luxury's future


MORE IN Philanthropy
Luxury brands neglecting cultural venues where more UHNWIs are spending time: report
May 26, 2026
British beauty brand delilah is title sponsor of Guards Ladies Charity Polo Day in new 3-year deal Open to all readers
March 25, 2026
Global luxury to post flat growth at $1.6 trillion for 2024, sheds 50M customers in 2 years
November 13, 2024
Generational, gender divides in charitable giving among affluent US consumers
October 10, 2024
Bénédicte Épinay, CEO of Comité Colbert, on why sustainability is key to the future of French luxury brands
February 28, 2024
Global UHNWI number up 4.2pc, millennials to be richest gen ever in 20 years, art best-performing asset class in 2023: Wealth Report
February 28, 2024



RECENT INTELLIGENCE
Personal luxury goods sector to grow ~2.5pc in 2026, down from anticipated 4-5pc: research
May 29, 2026
Future of refrigeration in the luxury home – and what consumers are telling brands
May 29, 2026
49pc of current customer service jobs will be lost to AI by 2030: report
May 29, 2026

Global family offices retain faith in AI and emerging markets, reducing exposure to US dollar, real estate in diversification: report
May 28, 2026
Future of luxury goods is AI-powered transformation: report
May 28, 2026
41pc of materials in LVMH products, packaging now from recycled sources or eco-designed efforts
May 27, 2026