Personal Accessories

All of the categories in bags and luggage displayed slower growth in 2023 compared to 2022 both in retail volume and current value terms. This was partly due to a stabilisation of demand with sales having been restored to pre-pandemic levels.…

Tourism was one of the industries that was significantly impacted by COVID-19, as border restrictions were tightened globally. Many consumers also refrained from taking domestic trips in the first phase of the pandemic. There were multiple forms of…

Bags and luggage continued to perform well in Italy in 2023 thanks to rising internal demand, as well as good trends for production and sales. The category continued its post-pandemic recovery during the year, but at two speeds. In fact, on one side,…

Retail sales of bags and luggage registered a vastly improved performance in both volume and constant value terms in 2023, when compared to the previous year. As the country emerged from COVID-19 crisis, Indonesians became increasingly keen to…

Following on from increasing demand for bags and luggage in 2022 due to improving mobility, the category that had been battered by the impact of the pandemic and various lockdowns has witnessed another year of double-digit current value growth,…

The resurgence of both volume and current value sales of bags and luggage is anticipated in 2023 overall, primarily owing to the relaxation of pandemic constraints and the lifting of restrictions in the early months of the year. As offline activities…

In 2023, luggage is set to continue its volume and current value growth trajectory in the Australian market, building on the robust sales rebound it experienced in 2022 following the relaxation of pandemic restrictions and the resurgence of travel.…

In a time of uncertainty, brands must ensure that the value proposition provided by their loyalty schemes is firmly aligned with customer needs, priorities and expectations, continuously refined and adapted to withstand disruption and changing market…

In the context of climate crisis, shifting regulation and high inflation leading consumers to rethink their fashion spend, fashion and luxury market players need to review their operations to minimise their negative impact while helping to build…

This report examines inflation levels and drivers globally and in key countries in Q4 2023 and 2024. Global inflation is moderating, although divergence remains among the key economies. Higher volatility in the energy markets and disruption of…