Luxury shoppers are regaining confidence in both the economy and their personal finances, according to the latest Saks Luxury Pulse survey. The quarterly survey found that consumer optimism has improved sharply since April, though sentiment has yet to return to 2024 levels as uncertainty around the socioeconomic climate lingers. Overall, 32% of luxury consumers indicated feeling optimistic about the economy, up 4% compared to the April survey. Similarly, 39% of respondents indicated feeling calm about the economy, up 7%, while 45% of luxury consumers said they are feeling prepared about the economic environment. This uptick in sentiment is translating into greater willingness to shop. More than half (56%) of luxury consumers said they plan to spend the same or more on luxury in the next three months compared to the previous three months, which is a 9% increase compared to April.