Luxury sneakers may be a step too far for cash-strapped Gen Z - CNA

SHANGHAI: From US$300 bucket hats to US$900 sneakers and US$700 T-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such "aspirational" purchases. Executives are troubled in particular by a hit…

SHANGHAI: From US$300 bucket hats to US$900 sneakers and US$700 T-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such "aspirationa… [+5095 chars]

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