[hubspot type=form portal=6185384 id=7aa19e91-dc81-4685-a3e6-da8cf14c48d8] According to a 2022 report by Nielson, Black consumers possess more power and influence in the retailing marketplace than ever before given their growing buying power and population rate. The report also notes that the Black population is expected to grow by 22% between 2020 and 2060, along with their buying power which is expected to reach $1.8 trillion by the end of 2024, with an analysis by McKinsey & Company suggesting that Black consumers spending on apparel and footwear alone will grow by about six percent a year to equal $70 billion by 2030
Lauren by Ralph Lauren: With a timeless approach to professional attire, Lauren by Ralph Lauren offers a wide array of suits
The sleeveless design and flowy A-line silhouette make it ideal for beach vacations, brunch dates, summer parties, and everyday wear
The fully ruched lux velvet fabric down the center and back of the dress gives for the most flattering silhouette
While seniors might prefer the artsy shots in a field of flowers or with a guitar slung over their shoulder, parents and grandparents tend to gravitate toward the iconic cap and gown image
Custom-made dresses typically start at around $2,000 and can go upwards of $10,000 depending on the designer and complexity