Gen Z spending behavior
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Younger consumers are eating less Chipotle and Cava. They are buying more Coach bags
CNBC· 2025-11-06 22:27
"The Gen Z consumer, specifically, is highly fashion engaged, spending slightly more of their budget on fashion," she said.The company, which also includes Kate Spade, acquired over 2.2 million new customers globally in its fiscal 2026 first quarter, driven by growth in Gen Z consumers compared to the prior year. The company said that generation, which is typically defined as spanning in age from roughly 13 to 29, accounted for about 35% of new customers.In an interview with CNBC, Tapestry CEO Joanne Crevoi ...