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

Act now to keep receiving just-style newsletters

You may have noticed a red alert bar at the top of just-style’s weekly and daily newsletters asking you to “Act now to keep receiving the just-style newsletter.” ...

BLOG

Apparel imports into the US rose in June

Apparel imports into the US rose in June as merchants stocked up for summer and prepared for the back-to-school season, with imports from Vietnam continuing to surge....

BLOG

US retailers under pressure to grow sales as mall traffic slows

Under Armour is to close stores and cut jobs – around 2% of the company's global workforce – as part of new plans to build a stronger and smarter company with faster go-to-market speed and greater dig...

BLOG

Agile logistics key to new hybrid retail world

US retail giant Walmart has topped a list of the fastest growing retailers thanks to its investment in ensuring it has the right balance between its online and brick and mortar operations....

just-style homepage



Forgot your password?