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Consumer Compass (Europe Report)

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Savanta <strong>Consumer</strong> <strong>Compass</strong> <strong>Europe</strong> Q3 2023<br />

More than half are cutting their fashion<br />

spending, with France and the UK cutting back<br />

most, reflecting their low confidence scores<br />

Have stopped<br />

spending on<br />

NET Spend<br />

of consumers across<br />

59 %<br />

10 %<br />

46 % markets have cut down on<br />

non-essential spending to<br />

save money, with fashion<br />

suffering the most<br />

49 %<br />

have spent less in this sector<br />

over the past 12 months.<br />

30 %<br />

2 %<br />

Q. Have you done any of the following in the last few months as a result of<br />

the rising inflation? | Q9_5. Fashion: How much, if at all, have you changed<br />

your spending on the following, in the past year?<br />

Base: Total (3,500) (c. 500 per market)<br />

Spending less on<br />

Spending the<br />

same on<br />

Spending more on<br />

Have never used/spent on<br />

9 % -50 %<br />

NET % stopped spending/spending less<br />

UK<br />

France<br />

The Nordics<br />

Italy<br />

Germany<br />

Netherlands<br />

Spain<br />

65 %<br />

64 %<br />

61 %<br />

59 %<br />

57 %<br />

55 %<br />

53 %<br />

19

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