It’s the list of the 9 most common mistakes luxury brands make in China, created by Luca Solca, head of luxury goods research at Bernstein and Jasmine Zhu, CEO of brand management agency China & I, for BoF. The logical premise is the importance of the Chinese marketplace for the luxury segment. China today accounts...
Roger Vivier and China are the drivers behind Tod’s growth. The 3rd quarter of 2021 was even better than the same one of 2019 for the group owned by Mr. Della Valle, showing that the brands are recovering after the hit taken form the pandemic. Revenue during the third quarter confirmed the positive trend that […]
Burberry‘s strategy of focusing on full-price sales has paid off. As a result, in the six months to 25 September 2021, it saw revenues reach pre-pandemic levels. The “leather” category saw double-digit full-price comparable sales growth, compared to 2019, thanks to the performance, in particular, of women’s handbags. 1.21 billion pounds Burberry, which recently hired […]
The US leather segment found good signs after the struggle caused by Covid-19. LHCA (Leather and Hide Council of America) published data related to the export of raw material for the tanning segment related to the period January-September 2021. On yearly base, volume is up 59% and value by 72%. A good September According to […]
The clash necessarily rises in tone, because in front of the lividity of the umpteenth declaration of Stella McCartney against leather, and in favour of the presumed sustainability of her animal free fashion, it is impossible to keep quiet. Thus, UNIC – Italian Tanneries reiterates its positions and does send a message to the designer […]
Ignorance is an ugly beast. It is unjustifiable, especially when it is exhibited by a YouTube channel “specialising” in the car sector with over 6 million followers. It’s called Carwow and, talking about car interiors, it has (voluntarily?) fallen for the vegan mystification of holding tanneries responsible for slaughtering of cattles. This ignorance is counterbalanced...
A challenge, an invitation: Cotance, the European Leather Association, is calling for a public debate with Stella McCartney (pictured, right). To explain to her, to illustrate, once and for all, the good reasons of the tanning industry. To interrupt the vicious communication circuit that wants to make not only those who produce, but also those who wear leather to […]
Ferragamo accelerated its recovery, did better than the analysts’ forecasts and returned profitable. Meanwhile, the brand awaits the official start of Marco Gobbetti, the new CEO, on January 1st, 2022. The US and Chinese markets really pushed the brand’s performances in the first 9 months of 2021, which the brand closed with +35% at constant […]
Versace’s goal is to grow revenue in the short term to not 1 but 2 billion USD. Half of them through accessories. Capri Holdings thinks big when it comes to the Italian brand it purchased 3 years ago. It does so based on the staggering results obtained in the last fiscal semester (April to September...
The meaning is clear. An Hermès bag is 100% made in France: the investments of recent years in leather goods in the Hexagon prove it. But Hermès footwear needs Italy. What’s more, it just can’t do without it. Because, as Guillaume de Seynes, Hermès production manager, explains to La Stampa, the boot has preserved a […]
New challenges for ACLE, which cancelled the November edition of the fair and pushes everything back to end-of-August 2022. Organizers of All China Leather Exhibition have had to reprogram, once again, the event due to the health emergency currently taking place. The fair had already been moved from Summer 2021 to the end of November. Now […]
JBS announced an agreement with Royal DSM to cut methane emissions from bovines by 90% on global scale. The strategy consists of adding an additive developed by the Dutch company inside the animal feed. How to reduce emissions by 90% During COP26, JBS announced the collaboration with Dutch company Royal DSM. This objective of the...
“A segment that gave life to made in Italy and is a symbol of the latter”. We are talking about the tanning segment, in an article written by Il Sole 24 Ore, which gives a voice to Italian leather and its role within the fashion and luxury chain. “Italy is the number 1 producer of […]
The puzzling exploitation of a global event such as COP26, the UN Climate Change Conference in Glasgow by Stella McCartney, which relaunched its media crusade against leather via a new (debatable) petition, was done right when the even was taking place. Something that must be opposed with force, conviction and by reposting the contents of...
Which products take pole position in China ahead of Singles’ Day? Maison Margiela‘s GlamSlam (left) for high-end bags. Coach‘s City Ava Tote Bag in the premium category, and Stuart Weitzman‘s City 5050 cuissardes in footwear, according to Re-Hub. The consultancy analysed the pre-sales data of the flagship stores on Tmall from 20 to 31 October....
Timeless style and Italian leather. London-based designer Steven Ma launched his brand’s first collection, demonstrating an innovative approach to both lines and materials. The suppliers of components and leather are Italian: the designer believes their products are the best, and considers them the most reliable in terms of sustainability. Essential to Ma’s design concept is...
The difference between plastic and leather should be clear. The difference between synthetic and natural materials in terms of fashion and design should be clear. But it isn’t. There are those who continue to muddy the waters, raising a fuss (terminological and argumentative) to make fossil fuel derivatives appear not only preferable, but even better […]
Halt deforestation by 2030. Reduce methane emissions by 30%. Curb global warming. Amid commitments and warnings, COP26 summit in Glasgow is moving forward. Of course, not everything is going smoothly. “We have done a lot, but there is still a lot to do,” summed up US President Joe Biden. While uncertainties weigh heavily (e.g. China’s absence), leather is playing a leading role. International tanning […]
Over 30 entities signed the Leather Manifesto. Among them is UNIC – Italian Tanneries, which promoted the document that requested COP26 to give priority to natural materials in the battle for a more sustainable future. The UN conference on climate change is taking place from October 31st to November 12th in Glasgow. It’s the chance to […]
To paraphrase a well-known saying, we can safely speak of “golden leather goods“. We do so on the basis of a report by DJE Kapital, one of Europe’s largest asset management firms. Its starting point immediately clears up any doubts about what is stated in the first lines: since 1995, the luxury goods market has grown twice as fast as global...
