Personal Accessories

Worries about Coronavirus (COVID-19) and economic downturn have forced consumers to re-evaluate their life priorities and habits. With that the narrative in health, beauty and fashion has also changed to reflect newly emerged consumer priorities and ...

Personal accessories in Germany had been recording positive growth since 2014 due to a favourable economic environment and particularly strong growth within the luxury segment. However, this positive momentum in the industry has been completely lost ...

Consumer confidence was only just starting to increase in Switzerland pre-COVID-19 with the market making a tentative recovery following a period of decline due to economic instability. Local consumers were already therefore cautious in their ...

South Africa was already experiencing ongoing economic instability pre-COVID-19, with many local consumers continuing to suffer from declining disposable incomes, the rising cost of living and restricted access to credit. This scenario had resulted ...

The personal accessories industry is very sensitive to economic downturns and specific factors that negatively affect consumer purchasing power and confidence. This generally results in decreasing demand, changing preferences and spending shifting to...

Due to several factors including economic constraints, the discretionary nature of many of its product categories, their relative uselessness during quarantines, and their dependence on store-based retail channels, in addition to the decimation of ...

After years struggling to overcome the legacy of the 2015-2016 crisis, Brazilian macroeconomic indicators were finally gaining traction that allowed projections to consider a natural and gradual reheating of the economy, with a positive development ...

The COVID-19 outbreak led to a reduction in personal accessories sales, across all categories, in 2020, as the Romanian government implemented quarantine and social distancing measures to contain the pandemic. If the pandemic is contained in the ...

The extent of the impact of the COVID-19 pandemic in 2020 on the personal accessories category has, thus far, been varied. While there are sales declines expected to be recorded by the end of the year in all areas, some declines are likely to be far ...

The combination of retail closures and the rapid deterioration of the country’s economy discouraged spending on personal accessories in the second quarter of 2020, as these products were generally perceived as non-essential. Moreover, the closure of ...

Coronavirus (COVID-19) has had a significant impact on all categories of personal accessories in Malaysia. The closure of non-essential retail stores, such as leisure and personal goods specialist retailers and department stores, and the restricted ...

Personal accessories sales are expected to decline in 2020 due to the economic impact of the COVID-19 pandemic. Decreasing disposable income, allocation of funds to goods of prime necessity and rising unemployment will be some of the reasons behind ...

Personal accessories is being impacted by COVID-19 in 2020 due to reduced consumer spending power, reduced footfall in shopping malls and department stores, restrictions on travel, and disruptions in supply chains. This is showing declines across all...

Sales of personal accessories, especially luxury personal accessories, are expected to be impacted by COVID-19 as the United Arab Emirates government implemented necessary quarantines and social distancing measures to contain the pandemic in March ...

In 2020, due to the impact of lockdowns, retail closures and travel restrictions implemented to slow the COVID-19 outbreak, personal accessories will see declining value sales in all the main categories at constant 2020 prices. As the crisis took ...

The COVID-19 crisis is expected to lead to a reduction in personal accessories current value sales in 2020 overall. The decline for the year as a whole is mainly due to the forced closure of non-essential shops, such as leisure and personal goods ...

The personal accessories market in China will be badly hit by the COVID-19 outbreak in 2020. Specifically, the first quarter was expected to be a lost period for many players, with its quarantines, store closures and travel restrictions. In addition,...

Consumer demand for personal accessories has been negatively affected by the COVID-19 pandemic in 2020. In particular, closures, or at least the limiting of opening hours, of stationery stores and other retailers who typically sell personal ...

The outbreak of COVID-19 is expected to lead to a sharp decline in personal accessories retail value and volume sales in 2020 overall, as the Ukrainian government implemented necessary quarantines and social distancing measures to contain the ...

Coronavirus (COVID-19) has had a detrimental impact on personal accessories in Thailand. The closure of schools, workplaces and foodservice and entertainment establishments, bans on travel and tourism, the postponement of major social events like ...