New Market Research Report: Personal Accessories in the US
Personal accessories showed lower current value growth in 2013 than in 2012, as unit prices of gold and silver jewellery declined in 2013, after rocketing in 2011. Unit prices of bags and luggage also stabilised in 2013, after rapid growth in 2011 and 2012. At the same time, higher employment and a reduction in mortgage rates allowed those in the upper-income brackets to treat themselves to a new handbag or watch. Confidence grew amongst affluent consumers in 2013, as housing...
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