Blog: Leonie BarrieAccessories’ feelgood factor

Leonie Barrie | 11 August 2009

Shoppers may be tightening their belts financially, but when it comes to the real thing there’s no holding back. New research reveals that demand for accessories such as belts and handbags is defying the downturn, with sales rising by 4.7% last year and set to fall by just 1% in 2009 to GBP1,035m. 

Perhaps more importantly, the sector will see robust growth again over the next five years.

But it’s no coincidence fashion accessories are relatively recession-proof. From handbags to belts, and even men’s ties, accessories provide a wardrobe update for less money than a complete outfit. And they’re an ideal treat even for consumers being more careful about their spending – whether they choose to splurge at value retailers or buy fewer better quality items as a lasting investment.

They also have a key ‘feelgood factor’ – which is something we could all do with these days.

UK: Belts clinch the fashion accessory market


BLOG

Digital pieces of the fashion supply chain take shape

The digital pieces of the fashion supply chain puzzle are starting to come together, according to executives at the recent Texprocess apparel technology trade show in Frankfurt, Germany....

BLOG

Latest supply chain leaders?

Swedish fast-fashion retailer H&M, Zara brand owner Inditex, and sportswear giant Nike are not only among the world's leading brands, they also have some of the best supply chains too, according to a ...

BLOG

Finding a solution to the sustainability problem

The key message at this year's Copenhagen Fashion Summit was that the global apparel and textile industry needs to take a holistic view on how it tackles sustainability and responsible sourcing – with...

BLOG

Industry welcoming move to renegotiate NAFTA

The US textile industry has welcomed President Donald Trump's decision to renegotiate NAFTA, saying it is in America's national interest to modernise the trade agreement....

just-style homepage



Forgot your password?