“Even as consumer spending shifts with the evolving economic environment, we’re pleased to see a sustained interest in luxury.”

Marc Metrick, CEO, Saks, commenting on a Saks Luxury Pulse survey conducted in January of this year, which found that consumers plan to keep spending on luxury in the next three months, with 62 percent expecting to spend the same or more compared to the last three months. Read highlights from the “Saks Luxury Pulse Survey.”