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Jewelry sales outperform as U.S. spending for most luxury goods falters, Citi report finds

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Summary
Nutrition label

75% Informative

Luxury retail was expected to stage a turnaround in 2025 after a promising fourth quarter marked by holiday shopping and post-election euphoria.

Instead, U.S. credit card spending on luxury goods fell during the first five months of the year compared with the same period in 2024 .

Jewelry has proven to be a bright spot, outperforming other categories like leather goods and ready-to-wear.

VR Score

87

Informative language

95

Neutral language

15

Article tone

semi-formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

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