Apparently, the crisis affecting the two-hundred-year-old US luxury brand is at a turning point. Reportedly, among a number of bids, which still require assessment, Brooks Brothers have two potential buyers, whose rather sound interest in the acquisition is to be taken seriously. In the meantime, the brand, owned by Italian Claudio Del Vecchio, has filed […]
They have reviewed their commodity supply. Moreover, they have rather downsized the wholesale channel. Furthermore, most of all, they have cut jobs. Levi’s sack 15% of work staff: as illustrated by Chief Executive Officer Chip Bergh himself, while talking to WWD, the company is going to lay off about 700 employees. Thanks to such decision, […]
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Covid-19 did not spare Vietnam. In fact, in the first six months of 2020 Vietnam’s exports of shoes dropped by 6.7%, while leather goods sales decreased by 15.1% compared to the same period of 2019. Vietnam is the third footwear manufacturer in the world (their production share accounts for 5.4% of the total amount worldwide) […]
Robert Clergerie, a French footwear fashion brand, change ownership. In fact, French Legacy Group, a private equity fund, have bought out the historic brand formerly controlled by First Heritage Brands and by manager Jean-Marc Loubier. Still they have not made public the financial particulars of the deal. Following Sonia Rykiel, First Heritage Brands withdraw from […]
Tasman Tanning cut jobs. The tannery, based in New Zealand, has reportedly sacked 17 employees formerly working at the manufacturing plant of Whanganui. They supposedly made such decision after debating and discussing for a few weeks. For the records, should the overall economic situation pick up, the company will immediately call the employees back at […]
The challenge is out. The organisation has started. A New Point of View, the “smart” salon reserved for the fashion & luxury supply chain opens its doors to the market. As announced by Lineapelle, which organises it, the event will take place at Fieramilano Rho in September, on Tuesday 22 and Wednesday 23, 2020. And, […]
Further sanitising them is not necessary. This is the shortest possible answer that should be offered to anyone asking tanneries about the safety of finished leather. Safety in this sense: being certain that they do not transmit the virus. Beyond the summary, however, comes the deepening of the Environment Department of UNIC – Italian Tanneries, […]
It took the pressure from several national and international tanning associations. A laboratory investigation was required, too. But, in the end, the goal was achieved: Mango will no longer define regenerated leather fibres as “recycled cowhide”. Generally speaking, the brand decided not to use terms, as imaginative as they are incorrect and misleading, to label...
Burberry is reorganizing its structure and creating 3 distinct business units: Ready to Wear, Footwear and Accessories. The brand is also calling Adrian Ward-Rees, an old acquaintance of the brand, to head the first BU. The Footwear BU will be assigned to someone already in the brand’s organizational charts, while the head of Accessories is still to be […]
Let’s get ready for the advance of luxury made in China. Young consumers of the People’s Republic, which, according to each survey, are the real engine of high-end consumption, feel increasingly attracted to national brands. And not only because they are driven by patriotism, but also because the offer would be improving. Chinese designers and […]
There is a problem in France: warehouses are full of raw hides blocked by the lockdown. And there are about 3 million hides in stock now. What does Covid-19 have to do with it? It forced the marketplace, and during the “confinement”, lockdown in French, the collection of raw material for tanning didn’t hit the […]
Patrizio Bertelli has illustrated Prada’s position and strategies, while talking about the agenda of fashion shows and prices increase. Most of all, he stated, once again, that production volumes are not going to decrease. They do not see any risk about it. The managing director of the group has announced a growth, in double figures,...
Not plagiarism, but unlawful cultural appropriation. This is the accusation, travelling on social media and concerning Prada. The brand created a leather sandal and braided leather straps which, it is said, would be quite similar to a shoe produced in the North East of Brazil. To be precise, in the city of Caruaru, in the […]
Moncler Genius involves the historic British brand Lewis Leathers. The result is the reinterpretation of the iconic biker in the collection 7 Moncler Fragment Hiroshi Fujiwara. Lewis Leathers is the brand of the oldest British motorcycle clothing company. Its name is D. Lewis, it was founded in 1892, and specialised in the production of leather […]
One can find the news, kind of revelation actually, in the newsletter published by LHCA (Leather and Hide Council of America), the US leather trade association. Allegedly, Chinese authorities have been demanding, for a while at this point, anti-CRV reassurances, which must be provided by companies importing into China food commodities. In other words, they […]
It was the mystery of autumn 2018. On the beaches of Brazil’s northern coast the Atlantic returned “pacotes de couro”. What does it mean? Bathers, even in places far from each other, found packs of stocked leather hides on the shoreline, in a state of deterioration such as to suggest a long stay in the […]
Dealing with suspended orders and outstanding debts. That is why Bangladesh leather tanning industry is in serious trouble. Since markets are stuck, several companies are stockpiling raw hides and skins in their warehouses. Furthermore, because of missed sales local entrepreneurs cannot manage to settle accounts with banks. Such short circuit might heavily jeopardize a relevant […]
The Savar CETP is about to “turn” 15 years old. For the records, it is not running at full speed yet. The sewage treatment plant was supposed to revamp tanneries in Bangladesh. Conversely, it has undermined a number of companies. In other words, many of them had to carry out a few considerable investments while […]
Italian leather (and not only) says goodbye to Valter Ceccatelli, president and CEO of Tuscan tanning group Incas (Iniziative Conciarie Associate). Ceccatelli was 63 years old and, as the company points out in a note, “he has led Incas from 1996 to today, personally accompanying its development and organisation, and died due to the sudden […]
Jabouley continues to focus on leather. The French textiles’ group headquartered in Saint-Étienne decided to open a 2nd leather goods production site: Maroquinerie des Pierres Dorées. Adelry.fr, the Agency for the economic development of the Lyon region broke the news first. The Jabouley group has made the decision to open a second site after the […]
