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  1. More generations, more pressure in beauty and cosmetics market: report
  2. Global superyacht industry turns into $62B economic force with influence beyond tourism: report
  3. Nearly two-thirds of Europeans trying to reduce consumption over financial concerns: report
  4. 3 questions every luxury brand founder must answer before year two
  5. How to redefine retail stores as AI, convenience and shifting spending power shape behavior: report
  6. AI reshaping jobs faster than firms reshaping work: report
  7. Registration Open + Call for Brand Speakers, Sponsors: Luxury Marketing Summit New York April 17
  8. How do these luxury professionals convince the wealthy to spend?
  9. Luxury fashion sector needs to reinvent amidst widespread global slowdown
  10. Why I launched Luxury Marketer 
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Retail

Nearly two-thirds of Europeans trying to reduce consumption over financial concerns: report

June 9, 2026

Paris in the spring Rising energy prices and geopolitical tensions compounded by years of inflation pressure have dampened ardor for European consumer spending, with implications for luxury and non-luxury sectors. Seen here: Paris in the spring. Image credit: Shutterstock

 

By Luxury Marketer Intelligence

In an alarming but ongoing trend, consumers in Europe are continuing to pare back spending over personal financial concerns.

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MOST READ
  1. More generations, more pressure in beauty and cosmetics market: report
  2. Global superyacht industry turns into $62B economic force with influence beyond tourism: report
  3. Nearly two-thirds of Europeans trying to reduce consumption over financial concerns: report
  4. 3 questions every luxury brand founder must answer before year two
  5. How to redefine retail stores as AI, convenience and shifting spending power shape behavior: report
  6. AI reshaping jobs faster than firms reshaping work: report
  7. Registration Open + Call for Brand Speakers, Sponsors: Luxury Marketing Summit New York April 17
  8. How do these luxury professionals convince the wealthy to spend?
  9. Luxury fashion sector needs to reinvent amidst widespread global slowdown
  10. Why I launched Luxury Marketer 


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