Handbags recorded global value sales worth nearly US$50 billion in 2013. Its popularity across markets makes it the most prominent bags and luggage category in terms of global company strategies. Despite several brands recording exceptional growth over 2008-2012, handbag sales are highly susceptible to economic downturns. In the absence of any major economic crisis, sales in key markets such as the US, China, Japan and France are expected to rise steadily over 2014-2018.
Personal 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…
View ReportThis IFA 2022 Event Insights report unveils important product launches from one of the biggest trade shows for consumer electronics and appliances held annually…
View ReportSportswear continued to outperform the overall industry in 2022, but a more challenging environment over the forecast period calls brands to shift their message…
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