Schwartz: Cyber Week is when consumers buy what they’ve waited for all year
CNBC Television·2025-12-01 12:16

All right, so we had Courtney run down a few stats. I think this is the most interesting one, at least for me. Luxury sales up 21% year-over-year on Black Friday.What does that say about the consumer. Because I thought people were nervous about the economy, about their jobs, and we're looking to pull back in general. I know there were some bullish uh estimates for the holiday season, but luxury goods, I mean, not essentials, not apparel, luxury goods.Why Why do you think we saw that big jump. >> Yeah, Frank ...