Personal Accessories

Lab-Grown Diamonds: Opportunity Ahead or Roadblocks Rising?

Lab-grown diamonds (LGDs) have emerged as a significant player in the jewellery market, with global sales reaching nearly USD9 billion in 2024. This rapid expansion has prompted both opportunities and challenges for jewellery brands. As the market evolves, understanding the dynamics of LGDs is crucial for stakeholders to navigate this transformative period effectively.

Fashion Marketplaces in Europe: Challenges and Opportunities Ahead

During the COVID-19 pandemic, apparel and footwear e-commerce witnessed a strong boost in sales, as customers were forced to turn to online shopping owing to restrictions and store closures. Yet, since the easing of restrictions, in-store shopping has bounced back and, with it, the share of online sales dropped. This has left many luxury online players struggling under the pressure of either slowing or declining sales.

Top Trends Shaping Personal Accessories in 2024 and Beyond

After moderate growth in 2022, global sales of personal accessories grew more strongly in 2023; however, geopolitical issues, the cost-of-living crisis and China’s slow recovery suggest a challenging macro environment, pushing brands to navigate into uncharted waters once again in 2024.

Unlocking the Gen Z Code to Revolutionise Jewellery Sales.

Gen Z accounted for just over 23% of the world’s population in 2023. Understanding these consumers is not an easy task, as they are significantly different to their predecessors, have contradictory attitudes, and change preferences quickly.

Top Trends for Personal Accessories (Part 3): Sustainability Beyond the Claims

From incorporating low-carbon fibres into the manufacturing process, to responsible sourcing, to labelling and marketing claims, and to giving back to production hubs, personal accessories has major challenges ahead as sustainability takes centre stage globally.

Luxury and Fashion: What to Expect in 2023?

The world continues to be a challenging place in 2023. Just as we thought it was safe to re-engage after the pandemic, the global economy started to look fragile again. In this video Fflur Roberts and Marguerite LeRolland, Euromonitor’s respective Heads of Luxury Goods and Fashion, discuss what they think will be the most impactful trends in the year ahead. How is the industry adapting to new retail preferences as our new lifestyles and working habits take form? What value propositions are consumers looking for in an inflationary environment and a cost-of-living crisis where spending is being squeezed. With the growing urgency in sustainability, what new business models are we likely to see filtering through?

Top Trends for Personal Accessories: A Challenging Macro Environment

Global sales of personal accessories grew by a healthy 13% in 2021, indicating a rapid recovery from the COVID-19 pandemic-related losses, but continued supply chain issues and decreasing consumer confidence, will make 2023 another challenging year for the personal accessories industry.

100% Optical 2023

Key Trends Shaping Personal Accessories

Euromonitor's latest personal accessories research shows that sales are set to see a 4% increase by the end of 2022, despite inflationary pressure and global supply chain constraints causing havoc across the markets.

What's Driving Demand for Luxury Rentals, Post-Pandemic?

With the recent announcement from Louis Vuitton on future price increases, Euromonitor explores the future of how we access luxury goods with COCOON founder Ceanne Fernandes -Wong, exploring luxury goods, the circular economy and insights on luxury handbag rental trends.

Fashion Opportunities in the Metaverse

As we adapt to an increasingly digitally reliant world, this episode explores how digital innovations, shifts in target demographics, and lifestyle changes caused by the COVID-19 pandemic, are drawing fashion players to this space and highlights the challenges and opportunities facing fashion players trying to capitalise on the expansion of the metaverse and digital fashion.

Digital Transformation and Innovation Key to Personal Accessories in Asia Pacific

The ongoing situation of COVID-19 has disrupted industries globally. This has resulted in people continuing to remain home, isolated in the Asia Pacific region throughout the year, due to sudden changes in COVID-19 cases. This anxiety has forced countries to limit international travel, slowing down recovery. Personal accessories and eyewear have been directly impacted by this.

Key Takeaways from JCK Las Vegas 2021

After over a year spent mostly at home, prioritising the essentials, trends at JCK Las Vegas - the North American jewellery industry’s largest annual trade event - indicate consumers’ renewed optimism for the future, with a shift towards bright colours, bold designs, and products that celebrate life and loved ones.

Fashion Face Masks: Present Outlook and Future Growth

Fashion face masks1 appeared in most consumers’ lives in 2020. In some markets such as Japan, South Korea and China, they were already prevalent, commonly used to avoid the spread of viruses, or due to high levels of air pollution, as in India. But…

As Its Challenges Mount, Safilo Group Looks to Digital Channels for Stabilisation

Before the COVID-19 pandemic hit global eyewear sales in 2020, Safilo Group was already facing challenges in the industry’s shifting competitive landscape. Despite industry-wide growth reflecting increasing consumer concern for eye health on the…

Fossil Group Seeks to Reignite its Business Amid Mounting Challenges

Traditional watchmakers like Fossil Group were already seeing decreasing sales in traditional watches before the pandemic. Government mandates intended to curb the spread of Coronavirus (COVID-19), forcing the closure of retail stores and halting…

What’s Disrupting the European Watch and Jewellery Industry?

INHORGENTA Munich 2020 is the largest trade fair for timepieces and jewellery in Germany, offering halls for the display of precious stones and the machinery and technology involved in the industry. Major brands can be found at this event, which…

Eyewear’s Shifting Landscape Challenges Safilo

With changing consumer lifestyles and ageing populations driving demand for spectacles and sunglasses across global markets in recent years, the growing eyewear industry has seen a shifting competitive landscape challenge some of its legacy…