Leather goods included in these figures range from briefcases and document holders, through travel accessories, bags, belts and smaller leather goods. 66% of these revenues were from leather bags (€1.7bn) but are experiencing a 30% decline from 2019.
Smaller goods and belts, which are the second and third-largest categories, experienced 44.3% and 41.6% falls, and were valued at €409.3m and €246.8m.