Millennials Can't Stop Spending Money on These 2 Cult Brands
Some brands cause a stir with over-the-top runway shows while others go viral on Instagram. But when it comes down to cold, hard sales, which brands are making bank right now? Business of Fashion reported on a new survey of over 3000 shoppers that revealed which brands millennials, in particular, are buying from right now. The conclusion: Gucci and Louis Vuitton are millennials' favorite brands.
Furthermore, the survey explained just how much spending power millennials hold right now: "Eighteen to 35 year olds have contributed 85 percent to growth in the luxury market last year and will represent 45 percent of total high-end spending by 2025, according to the report published Friday," BoF writes. For context, the survey included shoppers all around the world, including China, Europe, and the U.S. Are you surprised? Scroll down to shop our favorite under-$500 buys from the brands du jour.
Shop Our Gucci and Louis Vuitton Picks
Under-$500 Picks
Erin got her start as aBest Knockoff Luxury Clothing intern over 13 years ago—back when the site only published a single story per day. (Who What Wear has since increased that number twentyfold.) She graduated magna cum laude from USC, which is how she ended up moving to Los Angeles from her hometown of San Diego. In college, she also interned at Refinery29, where she was promoted to editorial assistant and then assistant editor. After nearly three years at R29, she came back to WWW in 2016, where she currently holds the title of Associate Director of Fashion News (as well as the unofficial title of resident royal expert—in case you haven't noticed her numerous Meghan Markle and Kate Middleton stories). She spends her days trying to incorporate her idols, Anna Wintour and Roger Federer, into as many stories as possible. Outside of work, she loves tennis, classic rock, traveling, and smothering her dog with affection.
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