After the rebound peak of 2022, the ongoing outlook looks less exciting for sales of apparel accessories. During the five years prior to 2020, value sales had either waned or remained stable, thus there will be a structural return to such patterns following the current boost.
Paradoxically, despite strong economic uncertainties, sales of some luxury and premium accessories look set to continue seeing a rather strong performance. For example, fragrances and sunglasses (not included in this project), for instance, will remain affordable luxury products for the local or European middle-classes; whilst the average unit price for a Carré Hermès (the emblematic silk scarf from Hermès) is EUR350-400 vs an average unit price of EUR10-20,000 for a Hermès bag.
“Who wears a tie from now, other than politicians, lawyers, and TV presenters?” could summarise the situation of formal accessories, such ties and even belts, in a few years. Prior to the pandemic, these items were already suffering from the global trend towards more casual dress styles.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in France with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Apparel Accessories
Supplementary garments and clothing articles consisting of items as belts, scarves, gloves, hats, ties and other accessories. Knitted accessories (hats, scarves and gloves) are also included. Includes all such products designed for men, women, children, and infants. Shoes, bags and sunglasses are excluded and attributed to Footwear, Travel Goods and Sunglasses respectively.
See All of Our DefinitionsThis report originates from Passport, our Apparel Accessories research and analysis database.
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