The calendar of trade fairs in the CIS area has been redefined. Following the postponement of Micam Milano, the trade fairs that take place twice a year in Russia, Ukraine and Kazakhstan have been moved back into the calendar. The Spanish Futurmoda trade fair has also postponed its next edition by two weeks. Registration now […]
“Your profession applies scientific and technical know-how to an artisanal activity that has a long tradition, in Italy and other countries such as my home: Argentina. When I was young, I studied in a trade school focused on the usage of chemicals, and this brings me closer to your business”. These are the words of […]
The question is: For how long can LVMH grow at this pace? It’s a fair question for the French group, which closed 2021 with 64.2 billion euro in sales (also thanks to Tiffany’s performance). Specifically, the question is focused on the “fashion and leather goods” division, which grew more than expected: +51% (sales) in the […]
Ferragamo and Aeffe’s 2021 is good. Yet, both groups haven’t managed to reach the performances of 2019, last pre-pandemic year. Footwear and leather goods had a positive year for Ferragamo, and a great one for Aeffe (which suffered from the lower growth of the apparel division). Both groups hope that the reorganizations (completed and to […]
Increased demand, increased production. The French company Algo has announced that construction work on two new leather goods factories is about to start. The expansion is a response to the growing demand for bags, travel trunks and accessories from Goyard, a brand for which Algo has been working since its foundation. Both new factories will...
First, the age-old question: leather or alternative materials? Then the choice: “After having evaluated the pros and cons of the two solutions, having read a lot of material, I decided to use leather due to its quality and durability”. These are the words of Elodie Verdan, young designer ex-Louis Vuitton, who launched French brand shoe.shoe. […]
Take away everything, but not my leathers. The pandemic has forced Chapal to overturn its business model and focus exclusively on online sales. A digital revolution for the French fashion house, which celebrates its 190th anniversary this year, and which (proudly) does not renounce to its own tanning workshop, where it produces all the leather...
Promoting national production, difficulty in finding specialized workers and training. These are the interesting and shared topics of many segments in many countries. They are also the highest priority ones within the agenda of French leather chain, which closed a “staggering 2021”, thanks to raw hides’ exports (+44% on 2020) and leather goods’ sales (+30%). […]
There are talks again about Dainese and the possible ownership change. Already in 2019 Investcorp, current owner with Coller Capital of the group from Vicenza, had entrusted the advisor Lazard the task of exploring the market. At the time, it seemed that the Permira fund (now owner of Golden Goose and Dr. Martens) was in...
The future is today, and in a few weeks, at Lineapelle. The future of which we write is that of mobility: Innovative, sustainable, with autonomous driving and focused on an electric transition. Simply put: regenerative mobility. And be careful: interiors will be in leather, counter to the mistaken path that the automotive industry is following today. The fruit of the collaboration between Lineapelle and Hyundai Transys (global auto […]
Tod’s is back on its way. After 5 Years of continuously declining revenue, 2021 closed with a larger increment (+40%) than what expected by analysts. While Tod’s leather goods segment is back to pre-Covid levels, the group was very close to the results of 2019, with sales only 2.6% (at constant rates) lower than 2019....
There are two pieces of news these days that, when read together, offer an interesting insight into the direction the market is taking. The first is Moncler‘s cut, which excludes natural fur from its collections. On the other is Leather UK‘s survey of the British public. This reveals, first of all, a certain consideration for...
Future Fashion liberates fashion. The startup from the Marche region, a branch of the DIS (Design Italian Shoes) footwear brand, continues to gain appreciation and recognition. The latest one, in chronological order, comes from Riva del Garda, where it won the first edition of the Innovation Village Retail of Expo Riva Schuh, the scouting project...
It starts with Albarcas (“clog from Cantabria”). It ends with Zori (“Japanese flip-flop”). Passing through sneakers, which is experiencing the boom we all know. Eugenio Gallavotti‘s “I racconti delle scarpe” (Shoes tales ed – FrancoAngeli, 158 pages) is an ‘illustrated lexicon’ aimed at insiders, students and, more generally, shoe-aholics. A bird’s-eye view of models, processes,...
Wolf opens up to leather goods. The company has been producing jewellery and precious containers since 1834, also in leather. Now, it has decided to expand its use of this precious raw material. It has done so by launching its first three accessory collections. For their debut at Wolf’s they have set a price competitive […]
160 of them are already in digital form, and will be available online on a regional cloud platform in the very near future. They are historical scientific texts related to the development of the tanning art. The paper versions are stored, together with another 5,000 texts, in the library of SSIP (Stazione Sperimentale per l’Industria […]
Kering sells Sowind, which manages two brands of luxury watches: Girard Perregaux and Ulysse Nardin. According to information available, the French group closed a deal to shift 100% of the ownership onto the managers that now lead the activities. The closing should take place during the first half of 2022. As reported by Le Figaro, the news hides […]
Sales of luxury handbags in China, during 2021, increased by 60%. It’s the best performance across product categories: fashion and lifestyle, for example, increased by “just” 40%. The source is China Luxury Report by Bain & Company, which estimates that the luxury market in China grew by 36% during 2021. This variation in 2020 was...
Abloh’s heir? “There are no standards set as far as geography, gender, sexual orientation or age. He or she must love craftsmanship, customers and leather”, said Michael Burke, CEO of Louis Vuitton, who will presented the last designs of Abloh in Paris on January 20th. The list of potential successors is large, and rumors aren’t likely...
Tapestry Group aims to increase its products’ durability. That’s why it is investing in the (Re)Loved circular project. The group needs artisans able to repair, re-design and re-use Coach’s handbags, which is why it’s promoting an annual training program that begins in July and is for people at all levels of the craftsmanship range. The...
