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Blog - Luggage And Handbags

Tapestry Ups Sales and Profit Forecasts Amid Surging Demand
Tapestry Ups Sales and Profit Forecasts Amid Surging Demand
Feb 6, 2025
Eye 57

Tapestry increases its annual sales and profit forecast due to rising demand for luxury items in North America and China, reporting a significant boost in shares and revenue.
China's 'Travel Set' Export Expected to Increase by 7% to Reach $215 Million in 2024
China's 'Travel Set' Export Expected to Increase by 7% to Reach $215 Million in 2024
Feb 2, 2025
Eye 43

Travel Set exports peaked at 413M units in 2019 but saw a decline in the following years, dropping to $183M in 2024.
LVMH Outperforms with 1% Sales Growth in Q4
LVMH Outperforms with 1% Sales Growth in Q4
Jan 28, 2025
Eye 319

LVMH surpasses market expectations with a 1% sales increase in Q4, driven by strong demand for fashion and handbags.
In 2024, France Boosts Its Handbag Exports by 15% to Reach $10.1 Billion
In 2024, France Boosts Its Handbag Exports by 15% to Reach $10.1 Billion
Jan 22, 2025
Eye 273

Between 2017 and 2024, Handbag exports experienced a modest decline, reaching $9.7B in 2024 in terms of value.
Luxury Labels Expand Affordable Offerings Amid Declining Demand
Luxury Labels Expand Affordable Offerings Amid Declining Demand
Dec 20, 2024
Eye 411

Luxury brands are shifting towards affordable items due to declining high-price demand, aiming to attract middle-class consumers while keeping their exclusive image intact.
Italy Sees a Record $9.5B in Luggage Exports for 2023
Italy Sees a Record $9.5B in Luggage Exports for 2023
Dec 10, 2024
Eye 44

Luggage exports reached a peak of 73 million units in 2019, but experienced a slight decline from 2020 to 2023. In terms of value, the total exports amounted to $9.5 billion in 2023.
Qatar's Import of Travel Set Drops to $589K in August 2024
Qatar's Import of Travel Set Drops to $589K in August 2024
Nov 9, 2024
Eye 101

Imports of Travel Set peaked at 2.4M units in December 2023, but declined to a lower figure from January 2024 to August 2024. In terms of value, travel set imports dropped significantly to $589K in August 2024.
Luggage Imports Surge to $12 Million in South Africa, August 2024
Luggage Imports Surge to $12 Million in South Africa, August 2024
Nov 9, 2024
Eye 108

Imports of Luggage reached record highs in August 2024, with a notable increase in value to $12M.
Italy's Handbag Exports Jump by 11%, Reaching An Unprecedented $8.9 Billion in 2023
Italy's Handbag Exports Jump by 11%, Reaching An Unprecedented $8.9 Billion in 2023
Oct 11, 2024
Eye 197

Handbag exports reached their peak in 2023 and are expected to continue growing in the future. The value of handbag exports in 2023 was $8.9 billion.
UK Sees 16% Surge in Travel Set Imports, Reaches a Record $28M in 2023
UK Sees 16% Surge in Travel Set Imports, Reaches a Record $28M in 2023
Sep 24, 2024
Eye 106

Imports of Travel Set peaked at 42M units in 2018, but from 2019 to 2023, the figures were slightly lower. The value of travel set imports skyrocketed to $28M in 2023.
Travel Set Imports in the UK Soar to $28 Million in 2023
Travel Set Imports in the UK Soar to $28 Million in 2023
Aug 22, 2024
Eye 149

During the review period, Travel Set imports reached their highest point of 42 million units in 2018. However, from 2019 to 2023, imports slightly decreased. In terms of value, travel set imports saw a significant increase to $28 million in 2023.
Handbag Export in China Declines to $7.5 Billion in 2023
Handbag Export in China Declines to $7.5 Billion in 2023
Aug 10, 2024
Eye 201

From 2017 to 2023, Handbag exports experienced slower growth, with a decline in value to $7.5B in 2023.
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