Apparel spending in descending order by age groups.
Older baby boomers spend the most money on apparel,but Gen Y-ers are the mostfashion-obsessed,spending the largest portion of their annual income on clothing.The 18-to 24-year-olds in the Gen Y category are still influenced by their parents,but their shop-till-you-drop ethos is strong indeed.The group spends 31 percentmore than average on televisions and other electronic equipment.
Apparel spending:$2,371 (4 percent f total income)
Income before taxes:$58,889
Older baby boomers,like Lauren Hutton,spend more money on apparel than any other group,although Gen Y-ers (seebelow)spend a greater percentage of their total income on clothing.Other spending priorities:housing,$14,179;vehiclepurchases,$3,863;food away from home,$2,607;health care,$2,200;entertainment,$1,955;household furnishings andequipment,$1,911;savings contributions,$1,537;education,$1,146.
Apparel spending:$2,323 (4 percent f total income)
Income before taxes:$56,500
Younger baby boomers,whose purchases are influenced by children at home,represent 42 percent of all U.S.householdsand control 50 percent of consumer spending.After all,that ’s how the Material Girl got her name.Other spending priorities:housing,$15,111;vehicle purchases,$3,996;food away from home,$2,607;entertainment,$2,463;household furnishings andequipment,$1,906;health care,$1,774,savings contributions,$1,003;education,$615.
Apparel spending:$2,059 (4.5 percent f total income)
Income before taxes:$45,498
Gen X-ers are beginning to cope with the demands of adulthood,dressing for success and socking away some money insteadof buying another pair of Manolo Blahniks (unless you ’re Kate Moss and get them for free)or a killer audio system.Otherspending priorities:housing,$13,050;vehicle purchases,$4,139;entertainment,$1,876;home furnishings and equipment,$1,495;savings contributions,$684;education,$585.
Apparel spending:$1,856 (4.2 percent of total income)
Income before taxes:$44,649
The U.S.Department of Labor used 48.2,the age of actress Rene Russo,as the reference age for its average consumerprofile.Other spending priorities:housing,$12,319;vehicle purchase,$3,418;food away from home,$2,137;health care,$2,066;entertainment,$1,856;household furnishings and equipment,$1,549;savings contributions,$1,193;education,$632.
Apparel spending:$1,694 (3.5 percent of total income)
Income before taxes:$48,108
While empty nesters such as Sally Field have seen their health care costs rise ($2,508),false teeth and hip replacements arestill a few years away.Other spending priorities:housing,$12,362;vehicle purchases,$3,623;entertainment,$1,955;household furnishings and equipment,$1,891;savings contributions,$1,301;education,$380.
Apparel spending:$1,420 (7.2 percent of total income)
Income before taxes:$19,744
Gen Y is having a good time.The group spends more on alcoholic beverages than other age groups,($392),and 25 percentmore than average dining away from home ($1,569).Gen Y-ers like Natalie Portman like to look good when they go out,spending almost double the average on clothing.Other spending priorities:housing,$7,109;vehicle purchases,$2,628;education,$1,257;entertainment,$1,091;savings contributions,$189.
Apparel spending:$1,130 (3.8 percent of total income)
Income before taxes:$29,349
Actress Maggie Smith is proof that people in their sunset years are still active;they spend 4.8 percent of their income($1,403)on entertainment.Other spending priorities:housing,$9,671;health care:$3,163;vehicle purchases,$2,631;savingscontributions,$2,022;food away from home,$1,418;education,$149.
Age:65 and over
Apparel spending:$925 (3.7 percent of total income)
Income before taxes:$25,220
Seniors spend 86 percent more than average on home improvements and upkeep,and six times more than the averageperson under 25 on health care ($3,247),although New Age diva Shirley MacLaine prefers the holistic approach.Otherspending priorities:housing,$8,759;vehicle purchases,$1,904;savings contributions,$1,828;food away from home,$1,205;entertainment,$1,069;education,$108.
Age:75 and over
Apparel spending:$701 (3.4 percent)
Income before taxes:$20,563
Many aging seniors stick closer to home and spend a disproportionate amount of income on health care ($3,338),but notBrooke Astor,whose social schedule is always full.Other spending priorities:housing,$7,766;savings contributions,$1,618;entertainment,$707;household furnishings and equipment,$701;education,$63.
U.S.DEPARTMENT OF LABOR,BUREAU OF LABOR STATISTICS APRIL 2002 REPORT:CONSUMER EXPENDITURES IN 2000;PUBLISHED AUG.29,2002
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast