New Market Research Report: Luxury Accessories in France
The fragile economic context of the country and low consumer confidence continued to impact sales of some luxury accessories in France. Compared to other luxury items, such products are relatively lower priced and, consequently, they tend to be purchased by less wealthy consumers who continued to reduce their purchases of non-essential products. Luxury accessories can be regarded as an impulse purchase and thus tend to perform better than designer apparel and footwear. As a result, positive...
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