Teen girls spending more on clothes, makeup, Piper Sandler Gen Z report says


Teen girls are continuing to spend on clothing and accessories, with beauty items like like skincare and makeup among their top purchases, according to the latest survey by Minneapolis-based investment bank Piper Sandler.

The Taking Stock with Teens survey for fall 2022 determined that teen spending is up 3% year-over-year, to $2,331, but down 2% compared to the spring. Females continued to lead the growth in spending, with an overall increase of 10%, including a 10% increase on clothing and 7%…

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