New Market Research Report: Personal Accessories in Italy
The severe economic crisis negatively impacted personal accessories, continuing a trend witnessed in previous years. High levels of unemployment combined with a general reduction in disposable incomes created a pessimistic climate within the country and reduced spending levels overall. Manufacturers of personal accessories increased prices in an attempt to counteract the effects of declining volume sales and higher prices for raw materials. This in turn further dampened consumers' propensity to...
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