Personal Accessories

In 2018, personal accessories in Australia continued to post positive growth, with current value growth on a par with that posted in 2017. Similarly to 2017, bags and luggage saw the strongest growth, driven by the positive performance of key ...

Personal accessories is on the right path, with accelerating growth as a result of the recovery of watches, and strong performance within jewellery, the main value generators of the industry. Personal accessories is set to continue cashing in on ...

Overall, value sales of personal accessories showed signs of recovery in 2018 compared to 2017. A recessional phase was experienced in 2016 and 2017 due to falling oil prices, increasing cost of living, and uncertainty leading to lack of demand from ...

Romania continues to see solid economic growth in 2018 with disposable income having seen strong growth throughout the review period. This improvement has benefited personal accessories, with an increasingly aspirational and fashion-conscious ...

Personal accessories posted healthy retail current value growth in 2018, thanks in part to the intensifying premiumisation trend. The categories most affected by this trend were mechanical watches and luxury handbags, which registered stronger growth...

Personal accessories continued to grow during 2018 as Swedish consumers turned towards accessories to personalise their look. One of the drivers of the personalisation trend is the increased focus on appearance, which is being exacerbated by social ...

Personal accessories registered retail current value growth in 2018, underpinned by macroeconomic recovery in China, which strengthened consumer confidence. Rising disposable income levels encouraged local consumers to trade up to high-end or even ...

The buoyant state of the Dutch economy and improved consumer confidence are fuelling demand for personal accessories. Dutch consumers are becoming more open and willing to spend on products, not only for their primary functionality, but also as ...

Personal accessories recorded healthy growth in the UK in 2018, but with significant disparities between and within categories. The most noticeable concerns the performance of the high end compared to the rest of the industry. The weak pound sterling...

Personal accessories registered stronger growth in 2018 than in the previous year thanks to the improvement in the macroeconomic environment in the country, which resulted in lower inflation rates and higher GDP growth than in 2017. The development ...

Price competition between brands became an important factor in demand for personal accessories products such as bags and luggage, jewellery, watches and writing instruments. Promotional price discounts were usually offered on non-luxury bags and ...

Personal accessories in Singapore experienced stronger retail current value growth in 2018, supported by a recovery in the national economy. This lifted consumer confidence while increasing discretionary income, which spurred spending. Crossbody bags...

If one were to characterise the Canadian personal accessories market in one word, it would be: challenging. Luxury remained a bright spot in changing and evolving Canadian retail that saw retail e-commerce record strong double-digit growth in 2017, ...

Demand for personal accessories continues to rise in the Philippines due to strong consumption among the growing number of middle-income consumers and increasing image consciousness among younger people. Growth is also being fuelled by the rapid ...

A moderate improvement in the economy with a drop in the unemployment rate and a slight rise in disposable income supporting growth in personal accessories in 2018. Ongoing demand from young consumers for affordable luxury continues to drive value ...

In 2018, personal accessories enjoyed another year of positive sales dynamics while recovering after the strong dip in sales during the crisis years of 2014 and 2015. Such a dynamic is attributed to gradual economic recovery in Ukraine, with ...

In 2018, personal accessories in Germany continued to register current value growth. This can be ascribed to the strong performance of several categories, which benefited from current consumer trends, whilst other categories faced a more challenging ...

In 2018, Hong Kong, China continued to welcome an increasing number of mainland Chinese tourists. According to the Hong Kong Tourism Board’s statistics, as of April 2018, arrivals from mainland China increased strongly, compared with the ...

Personal accessories registered double-digit current value growth in 2018 due to rising consumer confidence. One of the primary reasons for growing confidence was due to the positive economic climate in addition to the implementation of a new tax ...

While reduced purchasing power arising from an economic slowdown constrained the development of personal accessories in Indonesia in 2018, changing consumer behaviour had an even bigger influence on the market’s performance. Specifically, many ...