Luxury leather goods purchase frequency in North America Q4 2020 - Q3 2023
According to the results of a recent survey ran among affluent and high net worth individuals, over half of consumers in North America have made multiple purchases of luxury leather goods (e.g. handbags, wallets, briefcases) in the past 12 months to the third quarter of 2023. A further 22 percent of the shoppers made a single purchase of luxury leather goods in the same period. Between the fourth quarter of 2020 and the third quarter of 2022, share of luxury shoppers making multiple purchases of luxury leather goods increased overall in North America.