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 […]
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 […]
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 […]
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 […]
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 […]
Leather goods perform well. Specifically, Hermès, Dior, Louis Vuitton and Prada all do well. Less, but still positive for Gucci. That’s what the sales estimates prepared by analysist for the last quarter of 2020, following the Christmas season, is showing. The Christmas take-off though isn’t the same thing as an immediate recovery for the luxury […]
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 – […]
