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Onward Kashiyama Survey: 60% of Consumers Want to Spend More on Fashion; Value Driven by Quality and Brand

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AI Summary (NQ-processed)

Onward Kashiyama surveyed 429 people aged 20-70 across Japan regarding their fashion consumption habits. Despite inflation, 60.9% have maintained or increased fashion spending, highlighting a trend of "selective consumption" where consumers prioritize quality and brand loyalty over low prices.

AI Analysis

Frequently Asked Questions

Q: What was the main objective of Onward Kashiyama's survey?
A: To examine shifts in consumer fashion spending behaviors amidst ongoing inflation and to understand the reality of potential consumer demand.
Q: What is the primary reason for reducing fashion spending?
A: While "increased cost of living due to inflation" is the top reason at 48.2%, 31.0% cite having enough clothes as a contributing factor.
Q: What does "discerning consumption" (merihari) imply?
A: It refers to the trend where consumers balance cost-cutting with dedicated investment in items they truly value, such as high-quality goods or favorite brands.