The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
Learn moreEuromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals.
Learn moreJan 2021
US$990Added to Cart
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
Fashion and accessories are discretionary industries by nature and deemed non-essential by most consumers. Therefore, the onset of the COVID-19 pandemic resulted in sharp declines in sales of luxury leather goods in 2020.
Luxury leather goods suffered greatly in 2020 as a result of the COVID-19 pandemic, which forced retailers to close their stores and caused tourism to come to an abrupt and damaging halt for luxury brands and retailers. The abrupt disruption of international tourism, especially wealthy Chinese travellers, caused a significant decline in sales of luxury leather goods for retailers and brands that relied heavily on the spending power of these consumers.
Luxury leather goods brands and retailers will have to become better at catering to the tastes of local consumers who increasingly want brands whose values and practices they identify with, and who value sustainable objectives in their path to purchase. Prada Australia Pty Ltd, for example, introduced a new collection, Prada Nylon, in mid-September 2020 in limited stores worldwide.
Files are delivered directly into your account within a few minutes of purchase.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Delivery
Files are delivered directly into your account within a few minutes of purchase.
Overview
Discover the latest market trends and uncover sources of future market growth for the Luxury Leather Goods industry in Australia with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Luxury Leather Goods industry in Australia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Luxury Leather Goods in Australia market research report includes:
Our market research reports answer questions such as:
Why buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.