By: Jasmine Seng


2016 is a sluggish year for personal accessories with many macro-economic factors continuing to plague the economy. The personal accessories industry is continuing to consolidate, with key industry players participating in mergers and acquisitions. A prime example of this activity is Tumi’s acquisition by Samsonite in 2015. Technology is also playing a key role in the industry in 2016, with many players eyeing smart fashion as the next big category.

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