Nikki's Dubai Edit
US luxury spending falls for a third straight month, Citi data shows
Published: 8 October 2026 · 10:17 GST
US credit card spending on luxury brands fell for a third consecutive month in September, according to
The Business of Fashion
, which reported the latest data from Citi.
The reading extends a three-month run of declines in luxury spending through September 2026. The report does not give a more detailed breakdown in the headline claim, but it identifies Citi data as the basis for the trend.
For fashion and luxury groups tracking the US market, the latest monthly data suggests spending remained under pressure at the end of the quarter. The figure is being presented by The Business of Fashion as a consecutive decline rather than a one-off dip.
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