Market Share of Europe Fashion Accessories Industry
Europe's fashion accessories market is highly fragmented, with a huge number of players operating in the market. The companies offering their products in the market use various strategies in order to sustain and expand their business. The strategies that the players in the market most commonly use include product innovations and expansions. In 2021, Mango, a Spanish clothing company, committed EUR 35 million (USD 42.4 million) to develop its Barcelona-area logistics facility in Lliçà D'Amunt. The facilities were a part of its expansion program in order to support Mango's new business lines, enhance the dispatch area, and accommodate the company's expanding e-commerce operations. Likewise, some of the companies also position their brands to be using sustainable and environment-conscious materials in order to improve their business practices as well as to build a healthy brand image among their customers. The top companies in the market studied include Industria de Diseño Textil SA, Adidas AG, LVMH Moet Hennessy Louis Vuitton, Chanel, and H&M Hennes & Mauritz AB.
Europe Fashion Accessories Market Leaders
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Industria de Diseño Textil, S.A.
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Adidas AG
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LVMH Moet Hennessy Louis Vuitton
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H & M Hennes & Mauritz AB
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Chanel
*Disclaimer: Major Players sorted in no particular order
