October 9, 2016
2016 has been a bumpy year for the luxury market, plagued by the decline in luxury spending by Chinese tourists, plunging oil prices which have led to a major currency shake-up in Latin America and Russia, terrorism threats in traditional luxury markets like France, and further economic upheaval triggered by Brexit. Hermès International SCA has […]
July 17, 2016
  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 […]
Jasmine Seng
November 6, 2015
Innovation is a buzzword in the luggage industry at the moment, and some might say it’s about time. After all, the wheeled suitcase, invented in the 1970s, was the last time anything major happened to shake things up. It’s true that, in the interim, manufacturers have come up with new ergonomic grips and handles, new […]
August 23, 2014
Luggage, mid-priced watches and real jewellery will be the highest growing personal accessories categories in 2014, which positions companies such as Pandora, Samsonite and Chow Tai Fook for ongoing success in the coming years. Chinese jewellery manufacturer Chow Thai Fook will fair the best, with sales expected to cross the US$ 10 billion dollar mark […]
Euromonitor Research
August 19, 2014
LVMH, Richemont and Swatch Group continue to lead overall personal accessories, but the dynamics are changing in individual categories. We discuss the state of global competition as seen through the new edition of personal accessories published on 11 August 2014. Top Three Lose Ground in Bags and Luggage The respective market shares for LVMH, Kering […]
October 9, 2016
Reviewing period performance across the largest bags and luggage markets – China, US and Japan – reveals a common theme of luggage growth outperforming handbags. Although handbags is the largest category by some distance, healthy growth potential for luggage is likely to encourage regional handbag players such as Ace, Primícia and Desa, some of which […]
October 9, 2016
Global sales growth for most personal accessories categories is expected to reach the high single digits, while overall personal accessories will grow by 8% over 2012-2013, according to market research company Euromonitor International.

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