Women's Accessories - UK - February 2008

Table of Contents

Issues in the Market

• Main themes
• - Womenswear Retailing - UK, Retail Intelligence, July 2006

Market in Brief

• Growth continues
• Own-label steers market
• Handbags drive sales
• Out in all weathers
• Green for go
• The year ahead
• Bright future

Internal Market Environment

• Key points
• Fashion
• The ‘It-bag’
• Democratic designer
• Posh accessories
• Value retailers
  • Figure 1: Sales via clothing specialists and value clothing specialists (excluding VAT), at current prices, 2002-07

Broader Market Environment

• Key points
• Upwardly mobile population
  • Figure 2: Forecast adult population trends, by socio-economic group, 2002-12
• PDI and consumer expenditure
  • Figure 3: PDI and consumer expenditure, at constant 2002 prices, 2002-12
• Female demographics
  • Figure 4: Percentage change in the age structure, by age group, female population - UK, 2002-07 and 2007-12
• Working women
  • Figure 5: Working population - women, in millions, 2002-12
• Holidays
  • Figure 6: Holiday bookings - UK and overseas, 2002-07

Competitive Context

• Key points
• Other female markets
  • Figure 7: Comparisons with other female markets, 2002-07
  • Figure 8: Summary of market strategies in other female markets, 2006/07

Strengths and Weaknesses in the Market

• Strengths
• Weaknesses

Market Size and Forecast

• Key points
• Continuing growth
  • Figure 9: Retail sales of women' s accessories, UK, at current and constant 2002 prices, 2002-08
• Fashion fuels sales
• Total womenswear
  • Figure 10: UK retail sales of all womenswear, at current and constant 2002 prices, 2002-07
• Forecast
  • Figure 11: Retail sales of women' s accessories, UK, at current and constant 2007 prices, 2007-12
• Market to reach £1 billion
• Segment forecast
  • Figure 12: Retail sales of hats, scarves/shawls and gloves - UK, 2002-12
  • Figure 13: Retail sales of handbags and belts - UK, at current and constant prices, 2002-12
• Factors used in the forecast

Market Share

• Key points
  • Figure 14: UK retail sales of women' s accessories (excluding handbags) - branded vs own-label, 2003-07
• Own-label leads
• Bags of choice
  • Figure 15: UK retail sales of handbags - premium vs branded vs own-label, 2007
• The future

Segment Performance

• Key points
  • Figure 16: Womens accessories, by segment performance, November 2007
• Hats
  • Figure 17: Retail sales of hats - UK, at current and 2002 prices, 2002-07
• Hats heading the right way
• A hat for all seasons
• Scarves and shawls
  • Figure 18: Retail sales of scarves and shawls - UK, 2002-07
• A chill breeze for scarves
• A scarf is not just for winter
• Gloves
  • Figure 19: Retail sales of gloves - UK, 2002-07
• A glove renaissance
• Summer glove
• Young glove
• Handbags
  • Figure 20: Retail sales of handbags - UK, 2002-07
• Handbag sales soar
• WAGs sell bags
• Belts
  • Figure 21: Retail sales of belts - UK, 2002-07
• Belt market tightens
• Green belt

Companies and Products

• Key points
• Fragmented market
• Burberry
• Dents
• Fiorelli
• Kangol
• Radley (previously Tula Group)
• Jane Shilton
• Acompany plc
• Retailer own-labels
• Accessorize
• Tie Rack/Frangi
• M&S
• Other brands

Brand Communication and Promotion

• Figure 22: Main monitored media advertising expenditure on accessories - major brands, 2003-07
• Accessories stay below the line
• Who is spending
  • Figure 23: Top six spenders - accessory-specific advertising, 2007

Channels to Market

• Key points
• Happy shopping
  • Figure 24: Sales of women' s accessories, by outlet type, 2002-07
• Department stores
• Specialist multiples and accessory specialists
• Clothing retailers
• Grocery multiples
• The Internet

The Consumer - What They Buy

• Key points
  • Figure 25: What accessories they bought in the last 12 months, November 2007
• Year-round appeal
• Losing the accessory habit
  • Figure 26: What accessories they bought in the last 12 months, by gender, age and socio-economic groups, November 2007
• Handbags bag top spot
• Bags for the Baby Boomers

The Consumer - What They Think of Seasonal Accessories

• Figure 27: What they think of seasonal accessories, November 2007
• A practical approach
• Fun vs function
  • Figure 28: What they think of seasonal accessories bought in the last 12 months, by age and socio-economic group, November 2007
• Set or match?
• Club 45-64 holidays
• Bags of success
• Bag that spending
  • Figure 29: Total expenditure on handbags bought in the last 12 months, 2003-07
• Hey bag spenders!
• Accessories for the young
• Mind the age gap

Appendix

• Advertising data
• Abbreviations
• Explanations
• Female demographics
  • Figure 36: Age structure of the female population - UK, 2002-12
• What they buy - Detailed consumer demographics
  • Figure 37: What accessories they bought in the last 12 months, by Mintel' s Special Groups, region, ACORN categories, technology users, newspapers used, commercial TV viewing and supermarkets used, November 2007
  • Figure 38: What accessories they bought in the last 12 months, by Mintel' s Special Groups, region, ACORN categories, technology users, newspapers used, commercial TV viewing and supermarkets used, November 2007
• What they think of seasonal accessories - Detailed consumer demographics
  • Figure 39: What they think of seasonal accessories bought in the last 12 months, by Mintel' s Special Groups, region, ACORN categories, technology users, newspapers used, commercial TV viewing and supermarkets used, November 2007
• What they think of shopping - Detailed consumer demographic
  • Figure 40: What they think of shopping bought in the last 12 months, by Mintel Special Groups, region, ACORN categories, technology users, daily newspapers, commercial TV viewing and supermarkets used, november 2007
• Further consumer analysis
  • Figure 41: Typologies, by statements, November 2007
• Cluster demographics
  • Figure 42: Typologies, by age and socio-economic group, November 2007
  • Figure 43: Typologies, by ACORN categories, commercial TV viewing, region, newspapers read and supermarkets used, November 2007
  • Figure 44: Total expenditure on handbags over the past 12 months, by age and socio-economic group, 2007
• Other accessories
  • Figure 45: Total expenditure on gloves, belts and other accessories over the past 12 months - women, by age and socio-economic group, 2007
  • Figure 46: What they think of shopping bought in the last 12 months, by age and socio-economic group, November 2007
  • Figure 47: What they think of seasonal accessories bought in the last 12 months, by age and socio-economic group, November 2007
  • Figure 48: What accessories they bought in the last 12 months, by age and socio-economic group, November 2007