Gen Z Splurges on Fashion, Skips Burritos
Update: 2025-11-06
Description
Coachs parent company, Tapestry, is experiencing a surge in sales, particularly among Generation Z consumers, while other businesses like Chipotle and Cava report a drop in spending from this age group. This trend suggests a shift in consumer priorities, with younger generations still willing to splurge on fashion accessories like handbags. Tapestrys success can be attributed to attracting new customers, particularly those in Generation Z, who are highly engaged with fashion and allocate a larger portion of their budget to it. This split in spending habits could shape how different industries approach their marketing and product offerings in the future.
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