Teens ramp up spending on beauty, pull back on shoes, apparel

Apr 12, 2024 · The other shoe drops: Most teens slowed spending on footwear and athletic apparel purchases. Teen spending on footwear was down 1% YoY, though among teens in …

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Teens Ramp Up Spending On Beauty, Pull Back On Shoes, Apparel

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Apr 12, 2024 · The other shoe drops: Most teens slowed spending on footwear and athletic apparel purchases. Teen spending on footwear was down 1% YoY, though among teens in …

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US Teens' Beauty Spending Jumps 8% Vs Last Year

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Apr 9, 2024 · Color cosmetics are the top sector teens are spending on. That said, fragrance spend has spiked 23% year-over-year. e.l.f. remains the top color cosmetic brand, jumping 16 …

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Teens Ramp Up Spending On Beauty, Pull Back On Shoes, Apparel

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Aug 13, 2024 · The other shoe drops: Most teens slowed spending on footwear and athletic apparel purchases. Teen spending on footwear was down 1% YoY, though among teens in …

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Why Teens Are Cutting Back On Apparel Spend In Favor Of Beauty

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Apr 12, 2024 · It appears that the wallets of American teens are tightening, with self-reported spending down by 6% across the board. Yet, surprisingly, there’s one area that bucks this …

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Dressing Up: Monthly Spend On Apparel Has Increased 72%

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Jul 18, 2024 · Childrenswear has also gotten significantly more expensive: Boys’ apparel increased 13.1% in recent years, while girls’ clothing followed closely behind at 10.3%. …

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TikTok, Instagram Influencers Motivating Teen Spending On …

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Apr 7, 2021 · The survey polled 7,000 teens across 47 states, aged 16-on-average and found teens are on target to spend around $2,165 each this year, down 5% from a year earlier when …

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FAQs about Teens ramp up spending on beauty, pull back on shoes, apparel Coupon?

How much does a teen spend on handbags a year?

Female teens’ spending on handbags has hit a new low of $90 a year in the 38th edition of semi-annual survey, less than half of the record $197 reported in the spring 2006 survey. Cosmetics spending also declined more than 20%, to $106, from a year earlier. Overall, the survey’s results echo other findings associated with today’s teens. ...

Are wealthy teens spending less on fashion?

Wealthy teens spent 12% less on fashion than they did a year earlier. Their spending on apparel declined 13%, outlays for shoes fell 3%, and purchases of accessories fell 21%. That is going to have repercussions for some of the group’s favorite brands, including Lululemon Athletica, American Eagle Outfitters, and Nike. ...

Why are teen fashion prices falling?

Upper-income women—teens in households with income of about $100,000 or more—were some of the biggest drivers behind the decline. Wealthy teens spent 12% less on fashion than they did a year earlier. Their spending on apparel declined 13%, outlays for shoes fell 3%, and purchases of accessories fell 21%. ...

How much do women spend on beauty?

For beauty, females spent $368 per year, with spending for skin care leading the way. That’s an increase of 18 percent year-over-year. Top beauty destinations were Sephora at 44 percent; followed by Ulta, 28 percent; Target, 11 percent; CVS, 3 percent and Walmart, 3 percent. ...

Is Lululemon a good brand for teens?

Lululemon hit a new survey high as the No. 7 preferred apparel brand and catapulted to No. 2 among upper-income female teens. Nike, whose stock recently jumped to a record high after it posted better-than-expected results, remained the No. 1 shoe and clothing label for teens. ...

Which teen fashion brands are losing share?

Plastic-clog maker Crocs saw the biggest jump, rising to the No. 7 shoe spot, from No. 13. “The casualization of fashion continues,” said the 70-page study, adding that preppy brands including Ralph Lauren, Sperry and Vineyard Vines continue to lose share among teen apparel makers to athletic labels. ...