Global sales growth for most categories is expected to reach the high single digits, while overall personal accessories will grow by 8% over 2012/2013. Although Western Europe, Eastern Europe and North America are the regions likely to be the hardest hit by the EuroZone crisis, Western Europe is the only region set to register a decline in sales over 2013. In terms of global sales, duffel bags and quartz digital watches are the only categories expected to grow by less than 5%.
The outlook for world duty-free looks rosy, as pent-up demand and the recent reopening of China are powering tourism recovery, despite the headwinds caused by…
View ReportThe global luxury goods industry is witnessing a recovery, and is expected to reach pre-pandemic levels in 2023. Gulf Council Countries like Saudi Arabia and…
View ReportPersonal accessories sales growth slowed in 2022, due to a high inflation environment, continuing COVID-19 restrictions in China, and the impact of the war in…
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