×
58 577
Fashion Jobs
MICHAEL KORS
Sales Supervisor
Permanent · Bellevue
ON RUNNING
IT Services Manager
Permanent · PORTLAND
MARC JACOB'S
Sales Supervisor
Permanent · King of Prussia
BANANA REPUBLIC
General Manager - Atlantic Station
Permanent · Atlanta
JCPENNEY CAREERS 2018
Senior Business Analyst - Planning & Allocation
Permanent · Plano
SHISEIDO
Senior Manager, Creative Operations (Drunk Elephant)
Permanent · Houston
GAP INC.
Product Manager ii - Supply Chain
Permanent · San Francisco
GAP INC.
Product Manager ii - Web Analytics (Remote)
Permanent · San Francisco
GAP INC.
sr Manager, Product Management - Loyalty & Rewards (Remote)
Permanent · San Francisco
ESTEE LAUDER
Manager, Global Corporate Strategy
Permanent · New York
ESTEE LAUDER
Director, Human Resources North America
Permanent · New York
SALLY BEAUTY HOLDINGS LLC
Outside Sales Representative - Cosmoprof
Permanent · Fayetteville
SALLY BEAUTY HOLDINGS LLC
Ecommerce Manager, Marketplace
Permanent · Denton
SALLY BEAUTY HOLDINGS LLC
District Manager
Permanent · Asheville
SALLY BEAUTY HOLDINGS LLC
District Manager
Permanent · Boston
SALLY BEAUTY HOLDINGS LLC
District Manager - Cosmoprof
Permanent · Orlando
SALLY BEAUTY HOLDINGS LLC
District Manager
Permanent · Berks
SALLY BEAUTY HOLDINGS LLC
Outside Sales Representative - Cosmoprof
Permanent · Charleston
SALLY BEAUTY HOLDINGS LLC
District Manager
Permanent · Phoenix
SALLY BEAUTY HOLDINGS LLC
Outside Sales Representative - Cosmoprof
Permanent · Murfreesboro
SALLY BEAUTY HOLDINGS LLC
Education Events Coordinator
Permanent · Denton
SALLY BEAUTY HOLDINGS LLC
District Manager
Permanent · Savannah
Published
Dec 14, 2016
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Small money accessories reported to be the fastest growing handbag segment

Published
Dec 14, 2016

The NPD Group on Monday released a new report that found that smaller size handbags and accessories sales are increasing. According to the global information company, sales for non-wallet money accessories increased 13% to almost $23 million in the 12 months ending on October 2016.


The Coach Pebbled Leather Key Pouch


 
Women’s small and mini-sized handbags sales grew 2% offsetting the overall decline in women’s handbag sales, and dollar sales increased 3%. Lower price point money accessories (under $75) contributed the most growth to the category and the southern U.S. drove the most growth of small handbags.
 
Also in the southern U.S., the $150 and $75-$100 price points were the fastest growing segment in the US accounting for 42% of dollar growth.

“Consumers are realizing that they don’t need to carry everything with them at all times,” said Beth Goldstein, executive director and industry analyst, accessories and footwear, The NPD Group, Inc. “The desire to simplify and streamline is made easier with the prevalence of electronic payment and loyalty membership app options – consumers can consolidate most of those cards that used to fill their wallets onto their mobile phones."
 
According to NPD Group Chief Industry Analyst Marshal Cohen, small accessories are natural gifts and smaller sizes with lower price tags “will increase the opportunity for self-gifting this holiday season, as well as filling stockings.”

Copyright © 2022 FashionNetwork.com All rights reserved.