Report
US credit card spending on luxury brands fell for a third straight month in September
Reuters, citing retail lender Citi, says the decline points to further weakness in the luxury industry's biggest market.
TLDR
Reuters reports that retail lender Citi said US credit card spending on luxury brands fell for a third consecutive month in September. The decline pointed to further weakness in the industry's biggest market ahead of the November 3 midterm elections.
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