Italy’s leather goods segment is continuing its recovery in the third quarter of 2021 as well, but the levels reached in 2019 are still far. So: good on 2020, but only 1 out of 4 companies interviewed has claimed to have reached or surpassed the revenue reached during the January-September period of 2019. Simply put, […]
SOS generational change at Pitti (in photo on the left): everybody has to deal with it, regardless of the segment and geographic location within Italy. Even more: it’s a European problem that all entities are trying to fix with initiatives that, unfortunately, won’t give results until 2 or 3 years from now”. “Entrepreneurs such as ourselves […]
Claudio Marenzi jokingly sets the scene for the debate. Because when we talk about the “new” workforce that fashion companies need, we often push the digital gas-pedal too hard. Too much in the sense that the debate is squashed on the virtual dimension. “But, however successful NFT and the metaverse may be”, says Marenzi, speaking...
The pandemic has changed customer demands: more hybrid and multifunctional furnishing solutions. For example: the table becomes a desk. Or: the sofa, while remaining a place to relax, also becomes a video call station. Without neglecting the fact that, in some cases, the distinction between indoor and outdoor furniture has disappeared. These are demands and […]
Leather goods to get back to 2018’s performances, when the total turnover reached 96 million euro. Ermanno Scervino will close 2021% with a revenue increase of 25% on yearly base and estimates to reach 80 million in revenue by 2022. The brand also plans to acquire some artisanal laboratories in Tuscany, as well as strengthening...
If you’ve bought one of these bags this year, you’ve made a good investment. Specialist magazine PurseBop has selected 10 models that can be considered as such because they meet three fundamental requirements. Firstly, brand value. Second: utility. Third: style. The list is dominated by handbags made by French brands (Hermès comes out on top […]
It’s called Pact for Skills and its primary goal is to favor generational change inside the TCLF. Simply put: the Textile, Clothing, Leather and Footwear segments, including the chains. The agreement was signed by over 118 associations, organizations and European companies including COTANCE (The Confederation of National Associations of Tanners and Dressers of the European […]
The global revenue from leather upholstery in 2020 was of 75 billion USD. While the result is equal to a +40% performance in the last 10 years, 2021 is expected to record an additional 5% increase. “Demand is solid, even with the current challenges: price increases for raw materials, transportation and other difficulties – said...
Green approach, social responsibility, welfare. These are the three pillars of Gruppo Mastrotto’s Sustainability Report, which certifies the group’s performances in relation to the UN 2030 goals. “The pandemic forced us to further reflect on the development model to be followed”, explains the president Chiara Mastrotto (on the left), adding that “if the need was to...
A new award for Presot tannery. The company from Porcia in Pordenone has received a special award for the Corporate Social Responsibility and Corporate Welfare category. This title came as part of the PerCorsiFVG2 call for proposals, promoted in collaboration with the Friuli Venezia Giulia Region. The merit goes to the shared company garden, which […]
Leather goods and furs are the pillars of Fendi‘s growth. The brand in LVMH‘s orbit has a less extensive product range than its competitors: it focuses on timeless items. On the one hand, it targets a wealthier clientele (because it has higher average prices). On the other hand, it seeks to connect with young people...
Is Chanel planning an IPO? Analysts are beginning to wonder. After the appointment of the new CEO, Leena Nair. And also in light of the moves that began in 2018. When the brand released its balance sheet figures for the first time in its history, and started to move its legal and financial headquarters from...
The trend for the export of US bovine leather continues. LHCA (Leather and Hide Council of America) published data tied to foreign revenue obtained from the sale of tanning raw material and semi-finished products for the January-October 2021 period. US leather exports According to data from LHCA, US tanneries exported about 27 million bovine hides (fresh […]
We can define it as the long wave of the debate triggered just over a month ago in Glasgow, on the occasion of COP26. A debate that brought the Italian tannery into direct contact with SMI – Sustainable Markets Initiative launched by Prince Charles. And that, as a result, UNIC – Concerie Italiane has been […]
“The health emergency, which is still ongoing, calls for the utmost caution“. This is how Fabrizio Nuti, President of UNIC – Italian Tanneries, summarized the current situation during the association’s yearly assembly held in Milan. Caution is a must Caution that Nuti, after one full year in office, has circumscribed by defining the progression of...
“It’s important to let everyone know that what has been done in Italy in terms of investment in the quest for fully circular sustainability, has not been done anywhere else in the world”. Fabrizio Nuti, president of UNIC-Italian Tanneries, made the statement during the association’s annual assembly that took place in Milan on Tuesday, December...
Footwear remains the first client for the Italian leather segment. But its majority share is now relative (35% today), and is being chased by leather goods (26%). The latter has “grown quickly throughout the last few years” and has consolidated its 2nd position. Leather for furniture and automotive, meanwhile, hold 17% and 15% of the...
Before production interruptions due to Covid, Vietnam had manufactured, in outsourcing, more shoes. Many were made with leather, mostly from Italy, as Italian leather exports towards the country have increased by 57% compared to the first 8 months of 2020 and by 19% on the same period of 2019, as shown by data from UNIC...
Can we say that Stella McCartney‘s anti-leather petition was a flop? For us, yes. In more than a month, it has collected over 43,000 signatures. Which may not be small in absolute terms, but it is in relative terms. First of all, because the petition is on a global scale and was launched from a […]
Many want to buy, but few want to sell. The increment registered throughout the last few months by many European companies that are potential prey for large groups, pushes the possibilities of new operations further away. While Kering is currently proceeding on its path after LVMH’s acquisition, other groups have openly stated they plant to […]
