Importance of brands adopting sustainable luxury policies in U.S. Q4 2020 - Q3 2023
According to the results of a recent survey, roughly one-third of the luxury shoppers in the United States thought the adoption of sustainable luxury policies (such as environmental protection, social responsibility and ethical behavior) by luxury brands was very important to them as of the third quarter of 2023. This issue played a less important role in European luxury consumers' view.