Hit by CRV crisis? Not here. In France ARCO is hiring. The luxury leather goods manufacturer, headquartered in Châtellerault, is enjoying a positive business trend. Such good results are driven by orders submitted by Louis Vuitton, for which they work as a contractor, as much as by the Chinese market recovery. Things are going great […]
It must leave the hands free. Having a price that is not exaggeratedly high. It must be of a known brand. This is the identikit of a winning bag, especially among younger generations, in China as well as in the USA. The latest data from the brand (July-September quarter) show a recovery in revenue and...
The battle goes on. In fact, the attempt to reach an out-of-court settlement between Mario Valentino and Valentino has failed. Now the lawyers of the parties, not intending to try again, are asking the Court to reach an initial decision. After that, they will understand if and how to (re) activate. The casus belli After […]
In the first 8 months of 2020, the overall numbers of the performance of the leather chain in France decreased. Between lockdowns and social distancing, it would have been difficult to have been any other way: CRV’s effect is having repercussions with negative percentages in the double-digits, on all levels of the chain: from raw […]
Chinese customs block imported salted leather from Germany. The People’s Republic has suspended any salted leather from Germany from entering the country: as pointed out by VDL, the reference national association. The ban is only for salted leather, and it’s unknown for how long it will remain in place. Salted leather from Germany According to […]
The handling of religious festivities Magh Mela e Kumbh Mela, along with the rigorous approach of the National Green Tribunal. These are the 3 elements that Indian tanners located in the Uttar Pradesh region are blaming for the crisis. Political factors that anticipated Covid-19 and have broken the local leather chain. These dynamics have forced […]
The Brazilian ownership of Curtume CBR could abandon Argentina. The workers of the tannery and their union representatives expressed this concern on the basis of the company’s deep difficulties. The tannery reopened its doors 12 years ago, thanks to a new Brazilian ownership. Lately, however, things have not been going well, and the pandemic has […]
Saturday, 24th October 2020, is a paramount date for Italian leather-tanning industry: indeed, it is worth remembering it. In other words, on that day the Leather Decree has become law. The Leather Decree Such is the name given to the Leather Decree: “New regulations applying to the use of “leather” and “fur” terms”. The Italian […]
Grey smoke for decision on veggie burger veto. In fact, the European Parliament has rejected all opposite amendments about the denomination of groceries of plant origin. Such “non-decision”, which is bound to leave the whole industry in a state of uncertainty, has triggered a few harsh reactions. On veggie burger veto Brussels was supposed to […]
China, online channel and bags are the factors driving the brend growth: in fact, Hermès enjoys recovery in the third quarter of the year. In other words, the French fashion house is going up again. Despite its being cautious about short-term outlook, they are quite confident about mid-term trend. “Our performance is going to enable […]
In 2020 third quarter, Moncler overall revenues decreased by 15%. Yet, despite that, “they are constantly growing”. A negative result in the end, which went beyond expectations though, mostly driven by positive figures in online sales and in China. Such considerable improvement goes hand in hand with October “comforting signs”, yet “we are fully aware […]
They formerly announced, at the end of June, that suspension of customs duties, imposed on leather export, would be set on a bi-monthly basis. They have now officially extended it until 31st December. “In Italy, there is nothing more permanent than something provisional”, used to say Prezzolini: it seems one can apply such aphorism to […]
They are due to start the building’s construction by next April. In November 2021, the first pavilion of the new plant, designed for gel manufacturing, is going to be running. Only afterwards they will start building the second pavilion, designed for hydrolysed collagen production. Vancouros invest in leather circularity. The Brazilian leather-tanning group, through Gelprime […]
Dior is the queen brand of 2020 third quarter. It was crowned by BofA (Bank of America-Merrill Lynch) which used the “brand leading indicator” tool to trace the ranking of the brand in the July-September period. “It serves to determine the profits of luxury companies and the over/underperformance of share price,” explain the authors. The […]
From China with love. Lanvin held its fashion show during Shanghai Fashion Week to present summer 2021 collection. The brand proposed a contemporary reinterpretation of the glorious past of the oldest Parisian fashion house (founded 131 years ago). With many references to Chinese culture. New creative director Bruno Sialelli (in office since 2019) has been […]
“In recent years and, above all, today, with everything that has happened and is happening, we need to be as close as possible to the reference customers. I would say that you have to be almost at a zero-kilometre distance from them”. These are the words of Giuliano Russo, CEO of the Marketing Area of […]
Christy Plott is the 4th generation of American Tanning. Specialization: crocodile and alligator leather. It is the oldest US-based tannery that work with exotic leather and, historically, it has always conducted business in close collaboration with “all agencies focused on the preservation of wildlife”. That’s because, as written on the portal, “the use of crocodile...
Sustainability Report 2020: Richemont illustrates how responsible leather sourcing takes place. From American alligators to other types of leather, the majority of which are made in Italy. “Responsible sourcing of industry-specific raw materials, such as gold, diamonds, leathers, exotic leathers and precious stones, is a priority”. So we read in the report published on the […]
China and the online channel: that’s how VF Corp beats expectations in the 2nd fiscal quarter, which closed on September 26th. The US group, which controls brands such as Vans, The North Face, Timberland and Dickies, expects the fiscal year that will close in March 2021, to be down by 14%. VF Corp beats expectations In […]
Leather in India is recovering and trying to create a greener future. CLE (Council of Leather Export) has published the result of an industry analysis that highlights the recovery of leather goods’ exports. Numbers that give hope to the segment’s operators. Meanwhile, the government announced a sustainability initiative for the Calcutta district. India’s leather recovers […]
