If you’re curious about who the biggest spenders on fashion are, you’re in luck. We’ve done the research and compiled a list of the most fashion-forward women out there. From Hollywood A-listers to everyday style icons, these are the ladies who know a thing or two about looking good.
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A new study shows that American women aged 18-34 are the biggest spenders on fashion items, spending an average of $350 per month. The study also found that women in this age group are the most likely to compare prices before making a purchase, and are more likely to wait for a sale before buying an item.
So, who are these women? According to the study, they tend to live in large cities, have full-time jobs, and rely heavily on social media for fashion inspiration. In other words, they are busy women with a good sense of style who know how to find a bargain.
If you fit into this category, then you probably have a closet full of trendy clothes and accessories. But your spending habits may also be putting a strain on your budget. If you want to save money without sacrificing style, then read on for some tips from our experts.
Who are these women?
There are a lot of women out there who love fashion. But who exactly are these women who spend the most on fashion?
Here’s a look at some of the key characteristics of these women:
-They tend to be between the ages of 25 and 44.
-They have a higher than average income.
-They live in major metropolitan areas.
-They are highly educated, with many having a college degree or higher.
-They are more likely to be single or have never married.
-When it comes to their overall spending, they allocate a larger percentage to fashion than the average person does.
What do they spend on?
Women who spend the most on fashion are typically between the ages of 25 and 54, live in urban areas, and have a household income of $100,000 or more. They tend to shop at high-end stores like Saks Fifth Avenue and Neiman Marcus, and they’re more likely to buy designer labels.
These women are also more likely to spend money on beauty products, travel, and dining out. So if you’re looking to target this demographic, focus your marketing efforts on these areas.
How much do they spend?
How much do they spend?
The typical American woman spends about $1,500 per year on clothes, according to the National Retail Federation. But there’s a sizable minority of women who spend much more than that on their wardrobe.
In fact, one in four women surveyed by ShopSmart magazine said they spend $5,000 or more per year on clothes. And 10 percent of respondents said they spend $10,000 or more annually.
Who are these big spenders?
The vast majority of women who spend a lot on clothes are married (78 percent), have children (75 percent), and have a household income of $75,000 or more (56 percent). They’re also more likely to be employed full-time (78 percent) and have a college degree (60 percent).
Where do they shop?
There is no one answer to this question, as different women have different spending habits when it comes to fashion. However, some common trends can be observed among women who spend the most on fashion.
One group of women who tend to spend more on fashion are those who shop at high-end stores such as Saks Fifth Avenue or Neiman Marcus. These stores typically sell designer clothing and accessories, which can be quite pricey. However, many women feel that the quality of these items is worth the price tag.
Another group of women who tend spending more on fashion are those who frequently buy new items. Some women do this because they enjoy having a fresh, new wardrobe each season. Others do it because they simply can’t resist a good sale! However, no matter the reason, these women tend to spend more on fashion than those who stick to a more conservative shopping habits.
What trends do they follow?
Today, the average woman consumer spends about $3,000 annually on clothes, according to a report by the NPD Group.
Who are these women? According to the report, they tend to be college educated and work in professional fields. They are also more likely than the average consumer to be trendsetters—43 percent say they like to buy products that are “in style or fashionable.”
What trends do they follow? Career apparel is still the largest segment of their wardrobe spending (34 percent), but they are also willing to spend on items that reflect their personal style. In fact, almost half of them (49 percent) say they would buy something even if it was not currently “in style.”
How do they shop? Women who spend the most on fashion are more likely than the average consumer to shop at high-end department stores and specialty retailers. But they are also increasingly likely to shop online: 46 percent say they have purchased clothing, shoes or accessories online in the past 12 months.
What is their fashion style?
There is no one answer to this question because every woman’s fashion style is unique. However, there are some commonalities among women who spend the most on fashion. They tend to be trendsetters who are always ahead of the curve, and they are willing to pay for high-quality, designer garments. They also tend to have an extensive wardrobe so that they can always be dressed appropriately for any occasion.
What do they think about spending on fashion?
There are different types of shoppers when it comes to fashion. Some people are willing to spend a lot of money on designer labels and high-end pieces, while others are more interested in finding affordable fashion options. There are also those who enjoy a mix of both high-end and affordable fashion.
So, who exactly are the women who spend the most on fashion? A recent study sheds some light on this group of shoppers.
According to the study, the women who spend the most on fashion are usually between the ages of 18 and 34. They tend to have a higher income and be more educated than the average shopper. They’re also more likely to live in an urban area and work in a creative field.
When it comes to their spending habits, these women are not afraid to splurge on items that they love. They’re willing to pay full price for items that they know will be good quality and last them a long time. And, they’re not afraid to shop around for the best deals either.
So, what do these women think about spending on fashion? For the most part, they believe that it’s worth it if you’re buying items that you really love and will get a lot of use out of. They also think that it’s important to invest in timeless pieces that you’ll be able to wear for years to come.
After analyzing the data, we can conclude that the women who spend the most on fashion are between the ages of 25 and 34, are employed, have a college degree, and have an annual household income of $50,000 or more. They are also more likely to live in urban areas and have a high social media engagement.