Shoppers plan to cut back on fashion and beauty spending despite end of Lockdown 2.0
● One third (32%) expect to spend less on new clothes and a quarter (25%) less on beauty products ● Consumers set to spend instead on experiences and building connections with friends and family ● 25% plan to spend more on food and drink than before COVID-19, 27% on travel and 28% on days out. ● Majority feel the impact of COVID-19 will continue past 2021
In the wake of the collapse of Arcadia and Debenhams, there’s potentially more bad news for the British High Street in the new pandemic-related research from Havas Media. As shoppers prepare to splurge online and in store for Christmas, Havas Media’s The Consumer State of the Nationreport shows people intend to spend less in future (even […]