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 […]
One simply cannot stand by while, in Russia, competitors and adversaries defame the leather segment. One must be active and defending leather. That’s what was done by Volga Tannery on the September issue of Russian magazine Shoes. As explained by the tannery, the article has two main points. The first: showcasing the circular nature and […]
Nouvelle-Aquitaine sets the standard to obtain better leather. The French region’s government announced a 10-million euro investment plan for the management of bovine inside farms. The goal is to acquire better leather after the meat industry’s slaughterhouses are done, so that the material for tanneries and other luxury segments is better. Better leather As of […]
Louis Vuitton and Dior speed up considerably. Fendi, Loewe and Celine keep going fast. Result: LVMH Fashion & Leather Goods division enjoys a boost in sales, which increased by 12% in 2020 third quarter, therefore driving the revenues of the French multinational corporation, which have reached -7%, compared to 2019 quarterly financial statements, as they […]
Louis Vuitton has appointed 6 artists to reinterpret Capucines bag. Namely, they are Beatriz Milhazes, Jean-Michel Othoniel, Josh Smith, Henry Taylor, Liu Wei and Zhao Zhao. Their works have brought forth Artycapucines second collection. Bags will be for sale starting from 30th October 2020: only 200 limited-edition samples will be available. Artycapucines second collection Launched […]
He claims to be “prudentially optimistic” and, no doubt about it, he is really like that. Yet, one can surmise something more from the words of Giancarlo Dani, owner of the homonymous leather tanning group headquartered in Arzignano. He shows a gutsy willpower to face and tackle a critical and uncertain scenario, like the present […]
Sustainable Apparel Coalition (SAC) replies online to global leather industry. Leather players had previously written and sent a formal letter asking them to suspend the Higg Materials Sustainability Index (MSI) regarding score (far too high) applied to leather. In other words, SAC have turned down the leather tanning request and, rather than giving an official response,...
Good news from California. They have temporarily suspended (for the time being) the ban on crocodile. In other words, as UNIC – Italian Tanneries pointed out in a statement, they have temporarily cancelled the prohibition of “selling and trading crocodile and alligator hides (as much as products made from leather)”. Considering the present days, it […]
