A Little Pizzazz

American Demographics, April 1, 2003 by John Fetto

Byline: JOHN FETTO

So you've found the perfect skirt, blouse and shoes, but there's still something missing from the ensemble? Adding a belt, a watch or any number of items from the accessories department just might do the trick. According to New York City-based Accessories magazine, American women snatched up some $27 billion in fashion extras in 2002. Garnering the largest share of the market was jewelry (both costume and bridge), which fetched $7.2 billion at retailers nationwide. Other sectors with sales in excess of a billion bucks include handbags ($5.1 billion), hosiery ($4.4 billion), watches ($3.6 billion) and even sunglasses ($2.1 billion). And don't forget about hats ($846 million), belts ($625 million), scarves ($607 million) and hair accessories ($421 million); lower sales don't mean they're not fabulous. Although consumers may have shied away from fashion extras post-Sept. 11, if industry analysts are correct, sales will be perking up this year as Americans begin to bring the sparkle back into their lives. Even in a down economy, say experts, accessories provide a relatively cheap way to update a wardrobe.

KNOT ANYMORE!

Americans bought 20 million fewer neckties last year than they did in 2000.

CATCHING RAYS

Mass merchants sell 10 times as many sunglasses as opticians, but at one-tenth the price.

FOREVER FASHION

Nearly half of young Americans wear a permanent fashion accessory.

PERCENT OF ADULTS WITH A TATTOO OR A NON-EAR PIERCING, BY AGE:

ERSATZ PEEPERS

There are 34 million Americans who wear contact lenses; of those, 9 percent wear colored contacts or cosmetic lenses.

PERCENT OF CONTACT USERS WHO WEAR COSMETIC LENSES:

A GIRL'S BEST FRIEND

Jewelry retail sales by select product lines:

PURSE SNATCHING

2001 handbag market share, by retail outlet:

COPYRIGHT 2003 Copyright by Media Central Inc., A PRIMEDIA Company. All rights reserved.
COPYRIGHT 2008 Gale, Cengage Learning

 

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