EuroZone Crisis Fails to Dampen Personal Accessories Outlook for 2013

Global sales growth for most categories is expected to reach the high single digits, while overall personal accessories will grow by 8% over 2012/2013. Although Western Europe, Eastern Europe and North America are the regions likely to be the hardest hit by the EuroZone crisis, Western Europe is the only region set to register a decline in sales over 2013. In terms of global sales, duffel bags and quartz digital watches are the only categories expected to grow by less than 5%.