Bags and Luggage

Fossil Group's sales have declined across its stable of owned and licensed brands in recent years, as consumers’ shift from traditional watches to smartwatches has coincided with weakening foot traffic to shopping malls and department stores. With ...

Bags and luggage sales in Germany are highly driven by the tourism performance, as German consumers purchase backpacks and luggage for travel abroad, with there also being a sizeable amount of purchases by international visitors, from non-residents ...

After a sustained period of declining demand for bags and luggage, the category was beginning to show signs of a recovery in 2019. However, the emergence of COVID-19 and subsequent lockdown measures introduced by the government mid-March 2020 ...

Demand for bags and luggage was impacted by a number of factors during the lockdown in South Africa in 2020, including ongoing economic concerns for a large proportion of the population which focused their priorities on essential goods such as ...

Bags and luggage is seen as one of the non-essential consumer goods categories, which makes it sensitive to economic downturns. The COVID-19 outbreak and the expected economic slowdown will result in a significant shock for the category, forcing even...

While consumers’ increasing penchant for travel and other out-of-home experiences prior to the onset of the Coronavirus (COVID-19) pandemic enabled bags and luggage to achieve strong growth across 2016-2019, the category is expected to record the ...

Even during the recent economic difficulties, bags and luggage had managed to continue recording positive current value growth year on year. Non-luxury handbags is the biggest category in terms of value sales and the one with the most dynamic ...

The lockdown, travel restriction and retail closure measures taken by the Romanian government since March 2020 to contain the spread of the COVID-19 pandemic have been negatively impacting sales of luggage as consumers mostly postponed their travel ...

The COVID-19 crisis is greatly worsening the already poor economic situation in the country. It is estimated that more than a million jobs were lost in Spain between the start of April and the end of June, with unemployment already relatively high ...

Growth in tourism and travelling in the country had helped bags and luggage to achieve growth in 2019. However, since the onset of COVID-19, the category witnessed a dramatic decline as travel was restricted, stores closed and consumers cut back on ...

Coronavirus (COVID-19) dampened retail volume and current value sales in multiple categories of bags and luggage during 2020. The closure of non-essential retail stores, such as department stores, bags and luggage specialist retailers and apparel and...

Bags and luggage sales was restrained by the global COVID-19 pandemic when lockdown was imposed in March 2020 and will likely continue to be for the rest of 2020. This is as a result of economic constraints, store closures, travel restrictions, and ...

Travel restrictions introduced in the wake of COVID-19 hit the tourism and airline industries hard in 2020, resulting in a sharp decline in the sales of luggage in this year. In addition, quarantine measures have been restricting people from leaving ...

Bags and luggage is being affected by COVID-19 due to reduced consumer spending confidence and people travelling less. The Taiwan government did not impose strict lockdown restrictions such as those seen in other territories, and businesses stayed ...

The onset of the COVID-19 pandemic has resulted in significant sales declines for bags and luggage retailers and brands, which can be attributed to the discretionary nature of the fashion and accessories industries. Many brands and retailers have ...

Bags and luggage will be impacted in 2020 by the COVID-19 pandemic, particularly luggage which will see retail value sales plummet. Lockdown restrictions, in a least the first half of the year, meant that all borders were closed, and non-essential ...

Prior to the arrival of COVID-19 in China, burgeoning internet-based luggage brands had already been putting pressure on offline distribution channels. Young Chinese consumers are keen to use mobile devices to shop on the e-commerce platform. For the...

Over the review period, the Polish economy maintained dynamic growth, resulting in steadily growing disposable incomes and record low unemployment, both of which benefited demand for bags. But the outbreak of the COVID-19 pandemic and the subsequent ...

Coronavirus (COVID-19) has had a damaging effect on bags and luggage in Thailand. The closure of schools, workplaces and foodservice and entertainment establishments and quarantine and stay-at-home measures have reduced the use of and need to buy new...

Bags and especially luggage will be hit hard by the global COVID-19 pandemic, with lockdown imposed in March 2020. As the Ukrainian economy started recovering after the 2014 and 2015 economic crisis, some consumers started travelling internationally,...