Ferragamo’s 2020: Covid-19 eats up 33% of revenue, but China is okay

Ferragamo’s 2020: Covid-19 eats up 33% of revenue, but China is okay

Covid-19 eats up 33% of Salvatore Ferragamo’s revenue. The luxury brand, which in the last two weeks was cited in some rumors, has highlighted the strong recovery of sales in China. In fact, physical stores in Beijing and other cities, during the 4th quarter, increased sales by 33.9% at constant rates, brining the yearly performance […]

The story of Europe's footwear difficult 2020 (-27%)

The story of Europe’s footwear difficult 2020 (-27%)

Europe’s footwear market is under pressure. According to estimates by World Footwear, the commerce of shoes in Europe lost 27% during 2020. The upcoming year has been positively impacted by the development of vaccines, which promises to fix the issues caused by Covid-19. On paper, the victory by Biden and the agreement between Europe and […]

With Brexit 100,000 pounds a year of extra costs, says Tricker's

With Brexit 100,000 pounds a year of extra costs, says Tricker’s

Having averted the no deal was a relief. But leaving the European Union is still proving to be a nightmare for British businesses. The footwear brand Tricker’s estimates that, by the end of 2021, with Brexit there could be 100,000 pounds of additional costs. Why? Transport and customs duties seem destined to surge, while delays...

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The Shoe’s Encyclopaedia: 700 images and 10,000 years of history

The Shoe’s Encyclopaedia: 700 images and 10,000 years of history

It took 20 years of research. But it was worth it. Because the publication of the first Shoe’s Encyclopaedia has arrived (Encyclopèdie de la Chaussure, Le Bord De l’Eau, 520 pp., 49 euros). The volume, which also collects 700 photos and illustrations, contains the history of footwear “from the Upper Palaeolithic to the 21st century”. […]

LVMH 2020, -17%: Vuitton, Dior and leather goods sound the charge

LVMH 2020, -17%: Vuitton, Dior and leather goods sound the charge

Louis Vuitton and Dior take off, but leather goods do even better and, together, they sound LVMH’s charge during the 4th quarter of 2020. The numbers are clear: revenue for the Fashion & Leathergoods division increased by 18% (at constant rates) during the 4th quarter of 2020, compared to the same period of the previous […]

Dior and Vuitton stronger than Covid: LVMH explains why

Dior and Vuitton stronger than Covid: LVMH explains why

“A combination of product, marketing and distribution”. This is how Jean-Jacques Guiony, financial director of LVMH, explains the (all things considered) unexpected success of Louis Vuitton and Dior. The two brands have proven to be stronger than Covid, registering double-digit growth in the second half of 2020. A result not only in contrast with that...

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Zanotti: “We had become gears in a mechanism gone mad”

Zanotti: “We had become gears in a mechanism gone mad”

Patience, dignity and awareness. These are the key words for the recovery of Giuseppe Zanotti. According to the stylist active in San Mauro Pascoli, the segment should do more than just shrug off the effects of Covid-19. It must also take advantage of the situation to regenerate itself, because fashion has become a “mechanism gone […]

Leather’s events: Freiburg confirms the dates, PALF postpones

Leather’s events: Freiburg confirms the dates, PALF postpones

Those confirming, and those postponing to a date to be defined. Leather’s events are affected and absorb in different ways the effects of the pandemic on their calendar. If in Germany the organisers of Freiberg Leather Days can ensure that the forum will be held as scheduled on June 9 and 10, in Egypt they […]

Jaguar designers explain the added value of leather

Jaguar designers explain the added value of leather

“Our team loves everything related to creativity, not only in the automotive application, but in every experiential and creative issue related to the brand. We carry on our tradition, reinterpreting our design values ​​in a relevant and contemporary way”. These are the words of Alisten Whelan (Interior Design Director) and Siobhan Hughes (Materials Chief Designer). […]

Tanner Krolle, the brand (that got lost), has a new journey

Tanner Krolle, the brand (that got lost), has a new journey

Tanner Krolle has a new journey. British stylist Tabitha Simmons has taken over the historic leather goods’ brand to bring it back to its former glory. The history The brand Tanner Krolle was founded in London in 1856 by Frederick Krolle. The brand soon became famous in the equestrian world thanks to its leather saddles. […]

Fendi, Etro, Prada: the new accessories for men on show in Milan

Fendi, Etro, Prada: the new accessories for men on show in Milan

The new accessories for men are at the center of Milan Fashion Week’s scene. The men’s leather goods market is expanding. It is fuelled by the spread of backpacks, then by fanny packs, up to luxury bags. And in the last two years, top brands have also launched their men’s proposals, such as the Saddle...

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Burberry considers itself satisfied: -4% from October to December

Burberry considers itself satisfied: -4% from October to December

After all, Burberry considers itself satisfied by the results from the October-December quarter (until the 26th). After all, Covid-19 still makes its presence known on operations, to the point that the British group remains cautious on the forecasts. Moreover, unknowns tied to Brexit must be added to the pandemic, as well as the suspension of […]

Michele Matteoli: let us work together to be ready for a recovery

Michele Matteoli: let us work together to be ready for a recovery

The (absolute need) is to be found ready for when the market will recover and be unblocked. The important thing is to believe in oneself and in what makes Italy’s tanning segment what it is. Not just quality and fashion content, bust 360-degrees’ sustainability, circularity, research and innovation. Michele Matteoli, owner of Cuoificio Otello, president […]

PETA takes it out on leather, and a (vegan) VIP from Argentina answers firmly

PETA takes it out on leather, and a (vegan) VIP from Argentina answers firmly

On one side is PETA, the tireless association that fights “for animal rights”. On the other is Nicole Neumann, Argentine vegan VIP whom also fights for animal rights (in picture, taken from Instagram). A dialogue begins between the two: one that summarizes (and resolves), the debate on leather. Because while PETA takes it out on […]

Vegan diet’s big limit: it’s not sustainable in the long run

Vegan diet’s big limit: it’s not sustainable in the long run

It’s easy to say what is ‘green’ and what isn’t, when all the reasoning is done based on slogans. It’s much harder when one looks for scientific proof behind the slogan. When we do that we find, for example, the vegan diet’s big limit as a way to feed the planet: it’s not sustainable. Six […]

Birkenstock would be for sale: CVC Capital and Permira are interested

Birkenstock would be for sale: CVC Capital and Permira are interested

The first news is that Birkenstock would be for sale. The second, that the race of private equity funds is already underway to grab the German brand. According to rumours, CVC Capital Partners, which took control of Pasubio tannery in 2017, appears to be in pole position. Among the suitors there would also be Permira […]

Alessandro Iliprandi: we invest with a broad vision

Alessandro Iliprandi (Bonaudo): we invest with a broad vision

he need for maximum flexibility. The need to continue investing with a broad vision. A market that will find momentum, but not immediately in these first months of the year. These are the three analysis along which, in this interview, the words of Alessandro Iliprandi, owner of Bonaudo tannery and vice president of UNIC – […]

Pasubio, extraordinary € 700,000 total bonus to the employees

Pasubio, extraordinary € 700,000 total bonus to the employees

If in 2020 Conceria Pasubio achieved satisfactory results, despite Coronavirus, it owes it to the commitment of its staff. For this reason, the group from Arzignano (Vicenza) has decided to recognise an extraordinary bonus to its employees for a total financial commitment of 700,000 euros. The measure, in pay-checks, benefits 450 employees, half of the […]