The Thai economy is undergoing a recovery process and it is seeing gradual improvement, with positive growth. Demand for personal accessories is supported by soaring tourist consumption as Thailand is among the favourite destinations for tourists ...

Personal accessories saw a weaker performance in 2017 compared with the review period, due to various macro and socioeconomic factors, such as varying trust in the new government, the unstable international image of the country, rising inflation and ...

Personal accessories in Malaysia recorded marginally stronger current value growth in 2017, despite global economic uncertainties. Malaysia saw GDP growth of 4% in 2017, which was a marginally stronger growth rate compared with 2016. Despite soft ...

Personal accessories in Australia experienced positive current value growth in 2017, supported by the continual increase in new companies and foreign spending. However, while growth was positive, it still underperformed with consumers cautious about ...

The overall performance of personal accessories experienced a slight slowdown in 2016 and 2017, largely because of the economic conditions prevalent in India. The implementation of a number of luxury taxes, along with the occurrence of demonetisation...

Personal accessories posted moderate growth in 2017, significantly supported by the strong rise in current value sales of high mechanical watches and premium handbags. Most categories recorded sales growth, although the personal accessories market ...

Personal accessories recorded a generally positive performance in 2017, with sales trends in the industry influenced mainly by higher consumer confidence, which led to stronger demand for more expensive items, especially value-added products. ...

Personal accessories developed in 2017 at a higher pace than the entire review period. Major categories benefited from a positive macroeconomic environment which was manifested in the rising demand of domestic customers. This was particularly ...

Personal accessories in Sweden continued to record healthy current value growth in 2017. Swedes are becoming increasingly willing to spend more money on personal accessories, although growth in 2017 was not as strong as that in 2015. This willingness...

After two years of turbulence, following the harsh devaluation of national currency, the Russian economy showed the first signs of recovery. Thus, conditions are slightly more conducive for sales growth in consumer goods. By the end of the review ...

Personal accessories in Germany continued to perform well in terms of retail value growth, while volume stagnated. Compared to the retail value CAGR of the review period, value sales recorded a better performance in 2017. The ongoing positive ...

Personal accessories in Canada had another positive performance in 2017. Total consumer expenditure continued to grow, thanks to the improving economy, lower unemployment rate and rising annual disposable income. The low Canadian dollar also ...

During 2017 the Spanish economy consolidated its recovery and with it the unemployment rate declined to 20%, according to Euromonitor International. The recovery of the employment rate resulted in Spaniards being more willing to spend extra money on ...

In 2017, personal accessories recorded negative growth due to signs of a slowing down Turkish economy as a result of the sudden drop in traffic caused by the deadly attacks in Turkey, the failed coup attempt and decreased rate of tourism. Whilst some...

After the black year of 2016, when sales declines were recorded across the industry, personal accessories recorded only a partial recovery in 2017. During 2016, sales of luxury personal accessories, in particular, were strongly suppressed by the ...

In 2017 a number of personal accessories categories remained non-essential. While consumer disposable income levels were affected by further growth in communal services tariffs and price increases overall, Ukrainians on low-to-average incomes ...

The decision to leave the EU resulted in significant currency devaluation in 2016, and unit price increases for personal accessories. In addition, consumers’ confidence has been largely undermined by the general election in 2017, with uncertainty ...

Current retail value sales in personal accessories declined in 2017 and performance was weaker than the CAGR of the review period. This was attributable to the cautious spending patterns of Swiss consumers that resulted from a fall in confidence. The...

Value sales of personal accessories in China recorded consistent growth in 2017, positively promoted by stable demand amongst Chinese consumers in categories such as bags and luggage, jewellery and watches in the review period. New born and wedding ...

In 2017, personal accessories in Italy continues to register a sluggish performance following the weak trend earlier in the review period. Despite the economy recording positive GDP growth in 2016 and likely also remaining positive during 2017, this ...