handbagssmall leathergoods

 

TOTAL U.S. RETAIL SALES ALL OUTLETS
  $ MILLIONS
Projected 2004 $379.2
2003 $380
2002 $400
2001 $421
2000 $448

 

2003 OPERATING STATISTICS AND AVERAGE PRICEPOINTS
  Department Stores Mass Retailers
Initial Markup 58-62% 55%
Gross Margin 47-49% 42-45%
Annual Turn 2x 3.5x
Avg. Retail $7 $2

 

 


INDUSTRY REPORT
| CENSUS MAIN

HAIRGOODS: Key Retail Trends 2004

  • Overall, hair accessories are up, especially since many stores had no departments whatsoever last year to measure comp sales. Many inched back into the classification with flowers on jaw clips and pony-o’s.
  • Always an item-driven classification, this year’s hot items was the flower pony (which often doubled as a pin), the soft fabric headband and the scarf headwrap. Some retailers have scaled down their assortments to be more item focused.
  • For holiday and into spring 05, the flower pin/pony evolved into the butterfly, done in polyester or embellished with enamel and stones.
  • As in the belt sash and scarf categories, the Pucci-inspired prints were the driving force behind printed fabric headbands and scarf headwraps, both for its infusion of color and retro feel.
  • Hard headbands covered with wider-width scarves (2 1/4 or 1 1/2 inches) had a softer edge and looked more like an actual scarf wrapped around the head. Scarf headbands with elastic at the bottom (sometimes with “tails” hanging down) also gave the illusion that the wearer had tied it herself.
  • As the hair accessory category gained popularity, some retailers held trunk shows to help women understand how to wear them
  • Feminine details such as bows, jewels and flowers adorned headbands adding dimensions to boucles, tweeds, velvets and grosgrain ribbon.

HANDBAGS | SMALL LEATHER GOODS | JEWELRY | WATCHES | LEGWEAR | SLIPPERS & CASUAL FOOTWEAR

BELTS | EYEWEAR & READERS | SCARVES & WRAPS | COLD WEATHER/RAINWEAR | HATS | CENSUS MAIN