“…While this growth has been attributed to various factors, among the most notable is the shift to young adult luxury consumers (D'Arpizio, et al, ; Eastman, Iyer, Shepherd, Heugel, & Faulk, ). Young adults represent the fastest growing luxury segment worldwide (Gentina, Shrum, & Lowrey, ; Schade, Hegner, Horstmann, & Brinkmann, ) and fueled 85% of luxury growth in 2017 alone (D'Arpizio et al, ). Young adults (Generations Y and Z) represent 47% of luxury consumers in 2018 and 33% of luxury purchases (D'Arpizio et al, ).…”