In the quarter going from April to June 2019, Hermès’ sales increased by 14,7% in yearly base (+12,3% at constant rates), for a revenue of 1,67 billion euro. The French luxury brand beat, with this performance, Bloomberg’s expectations, which was expecting revenue for 1,65 billion. The segment “Leather Goods – Saddlery”, which is comprised of […]
Here we go again. Online magazine Euronews published a piece on its Living portal regarding materials for the fashion industry. The title: “Animal, plant, or plastic based: which leather should you choose?”, already leads to the direction of the writing. The (rhetorical) question is whether the materials alternative to natural leather are preferable. The arguments […]
The time arrived in New York city last week. During the fourth edition of the World Leather Congress, there were those that got onto the stage to break a ceiling. Various media sources and environmentalist associations, in fact, publicly state how the meat industry is the largest producer of emissions at a global level. It’s […]
Three different approaches. On shared goal. A particularly meaningful meeting took place during Lineapelle New York last week (July 17th and 18th, Metropolitan Pavilion). The title: Leather Certifications Platforms: an overview on the main available tools for the market. The three international reference operators for tanning certifications (and more) were on the stage together. The speakers...
“Men’s shoes have become, for us, the fastest growing business (over +50% in the last three years, ed), fuelled by the growing demand for sneakers. Fashion is incredibly important to men and footwear is their gateway”. This were the words of Marc Metrick, president of Saks Fifth Avenue, which has expanded space and offer of […]
Business is not facing easy times: everyone is aware of that. Things are changing: everybody knows about it. Most of all, such delicate phase requires, at the same time, close attention. Furthermore, players must be willing to invest strategic assets especially, not only in products, but also in a number of factors that make them […]
Onitsuka Tiger want to increase their business revenues in double figures a year. Aiming at such accomplishment, they set a business plan according to which they are going to break away from Asics: that will make decisions, retail development and product expansion faster, therefore focusing on premium lines enhanced by leather. The brand sent early […]
Clarks x Lion King is a new footwear line for babies and children: it draws inspiration from Disney’s classic movie, dated back to 1994, which will be on again at the US cinemas on Friday 19 July (in Italy it will arrive on August 21). The remake of The Lion King is going to tell […]
In the first quarter of the financial year, Compagnie Financière Richemont augmented their sales by 12% at actual rates of exchange and by 9% at fixed rates of exchange, compared to the same period of the year before. Therefore, the Swiss luxury group reached over 3.7 billion euros, in terms of revenues. The company announced, […]
“Once upon a time a princess in a tannery…” No, that is not the beginning of a fairy tale. It is a news story actually. In fact, on July 9 Sirivannavari Nariratana, the 32-year-old daughter of the king of Thailand, visited Conceria Stefania: here she could watch and admire leather samples manufactured by the company, […]
The extension works of Calcutta tanning district have started eventually. Yesterday, Mamata Banerjee, Prime Minister of Western Bengal, laid the first stone in the manufacturing plants bound to rise up in the Bantala Leather Complex. It is going to be the industrial hub of leather industry, which is growing around the Indian city. Running away […]
Red alarm in Pakistan. Accoridng to what reported by online portal leatherbiz.com, Pakistan Tanners Association invited its members to stop purchasing nationally-produced raw hides. This is their form of protest against the government’s decision to increase taxes on the segment’s commerce. The reasons behind the discord The writings of the new regulations relating to the […]
Ready, Lineapelle, go. The New York spinoff of the most famous business show for the global leather industry opened its doors yesterday. And the first signals open up interesting aspects for the exhibitors present at the Metropolitan Pavilion: 131 total, 99 tanneries, 13 accessories’ manufacturers and 17 makers of textiles and synthetic materials. Input: the […]
It’s easy to think it. It has become urgent and of paramount importance to understand how to communicate it to the end consumers. For this very reason, events like the World Leather Congress, which yesterday in New York celebrated its fourth edition, are necessary if, in occasions such as these, they try to shift the...
There is no future without creativity. There is no creativity without innovation. Therefore, the fourth edition of the World Leather Congress also featured for the first time a competition for emerging designers. Students from the Parsons School of Design participated. Voting for their prototypes took place during the event held yesterday at the Metropolitan Pavilion […]
For a company to be able to innovate, the ideal condition is that of being in an ecosystem with six partners: “Businesses, universities, venture capital, the government, that is, those who make market rules, corporations and storytellers”, summarises Yuly Fuentes-Medel, CEO and founder (left, in the photo) of Descience. Her company aims at fostering collaborations,...
Tisci cure is good for Burberry. The British brand closed its first quarter of the fiscal year 2019/2020 on June 29th with a 4% increase in revenues (+2% at constant exchange rates) for a turnover of 498 million pounds. Meanwhile, sales at comparable stores are up by 4%, thanks to the new products designed by […]
Fourteen new workers in the production of leather goods prototypes will begin their training. They are the new students of the “Leather+” path launched by Polimoda, LVMH Institute of Excellence and the maisons of the French luxury group. Lisa, Francesca, Giovanna, Marusca, Giulia, Lucia, Francesca, Caterina, Antonio, Bruno, Simona, Letizia, Debora and Thais have earned […]
Tanneries and leather goods manufacturers located in Kanpur can finally re-open their doors, but at a price. Uttar Pradesh’s government, Indian state where the leather and leather-working district is located, has passed laws that only allow those that will respect environmental practices set by the National Green Tribunal (NGT) and the Uttar Pradesh Pollution Control […]
Klein Karoo International and Mosstrich insist on merging. The two companies have decided to fight the ban placed by the South African Competition Commission (similar to any AntiTrust government body) in court by going to a different court for permission. This same court had already listened to the opinions of competitors, ostrich farmers, retailers and […]
