What is the worldwide size of the luxury accessories market for men (e.g., ties, watches, etc.) and who buys these items (for self, gifts, etc.)?
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Seems that most luxury fashion brands derive most of their revenue if not profits from the sell of accessories: perfumes, handbags etc, as the new generation change buying patterns (e.g no more ties, lighters etc) what is the opportunity to build/develop new type of luxury accessories for men?
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Answer:
According to this article, the sale of men's bags in particular was a market worth just under $9 billion globally in 2013. http://qz.com/133668/dont-laugh-at-the-man-purse-its-now-a-9-billion-luxury-business/
Bruce Wheeler at Quora Visit the source
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