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Bags will increasingly drive the luxury industry from now to 2021

by Giulia Crivelli


Women's bags will keep driving the personal luxury goods sector, as regards both accessible and high-end luxury, according to the Euromonitor International survey "The Next Frontier for Bags and Luggage."

Italian brands – with Prada, Ferragamo and Gucci at the forefront – will have the chance to ride this wave and to increase their market share, as long as they keep innovating and trying to interpret the tastes and dreams of Millennials (consumers born from 1980 on), which is the hardest task for all companies, in any sector.

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Fonte: Italy24

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