Luxury shoppers in Singapore plan to keep spending
Shoppers in Singapore are intending to continue or increase their expenditure on luxury items in the coming months, according to a recent survey conducted by MasterCard.
A total of 191 consumers who currently own at least one luxury item worth $1,000 or more, were polled from March to April. About 68% of those surveyed plan to spend the same or more on luxury items such as watches, jewellery and designer clothes or leathergoods in the coming months.