US fashion asks the government for help. The Council of Fashion Designers of America (CFDA) sent an open letter to Congress leaders, meaning Nancy Pelosi, Charles Schumer, Kevin McCarthy and Mitch McConnell, which contained 5 proposals to support the US fashion segment. The letter was signed, beside from CFDA, by the Accessories Council, Apparel & […]
For some, 2021 will be the year of Celine’s turning point. Analysts note that the brand in the LVMH galaxy is very far from its revenue target. That it would be to reach 2 or 3 billion euros by 2023, within 5 years from the appointment of Hedi Slimane as creative director. The pandemic has […]
The success of small leather goods. The M handbag by Maje (in picture on the right) and the Yza model by Sandro (in picture on the left). These are the factors thanks to which the SMCP group (Sandro, Maje and Claudie Pierlot) had a positive 2020. The year, in line with the entire fashion industry, […]
They put all their resourcefulness into practice. Moreover, they made full use of the free time during lockdown. So Sonja Höchli (33) and Thomas Odermatt (31), both from Zurich, founded the footwear brand Bold Matters. The two began their careers as retail apprentices. After various experiences, they decided to throw their hearts over the obstacle...
Mini gets rid of leather from its cars. The announcement was made by Oliver Heilmer, Head of Design for the brand owned by BMW, to Autocar. The choice though, was made following a fallable logic. “We don’t need it anymore – he says, exerting his right to free opinions -, because we don’t think it’s […]
He was not at all satisfied with the supply chain collaboration. Indeed, from the words of Andreas Kindermann, CEO of Wollsdorf Leather and president of Cotance, he was very disappointed. Speaking at a meeting of the European Livestock Voice on animal welfare, the entrepreneur asked farmers to be more proactive in projects regarding traceability of […]
Coronavirus complicates the plans, that’s for sure. But Patrizio Bertelli didn’t give up on this because of that. The Prada group will invest 100 million a year in acquisitions of Italian factories. Yes, not in brands, but in manufacturing companies. Because, despite the pandemic, the luxury market will start to grow again. The Tuscan holding […]
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 […]
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 […]
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...
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”. […]
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 […]
“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...
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 […]
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 […]
The negotiation to acquire Tiffany, by LVMH, was longer and more complex than expected. But it did close positively and opened the doors to a new theme and, likely, a new “season”: the luxury segment is setting its eyes on Jewelry. Large conglomerate of the luxury segment plan on integrating jewelry brands in their portfolio, […]
“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 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. […]
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...
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 […]
