Leather in, fabrics out. The story takes place in Saint-Just-Malmont, a small municipality situated in the High Loire region, in France. Here Les Ateliers du Meygal, leather goods manufacturer, are supposedly about to take over the Cheynet et Fils industrial area (15,200 square metres), which used to produce spun yarns. Allegedly, the deal value amounts […]
An uphill quarter for Tapestry. Coach remains stable. Kate Spade and Stuart Weitzman go low. During the first quarter of the 2019/2020 fiscal year, the US-based group registered a drop in sales and operating profits: -68%. Jide Zeitlin, president and CFO of Tapestry announces a “deep, complete and efficient revision of the whole business”. The […]
Many would not want them. Above all, they are mostly small online retailers, “physical” retailers and environmentalists. Consumers, on the other hand, seem to be waiting anxiously for them. These are the three gold appointments for mass annual shopping. The retail tsunami is the sum of three events: Singles’ Day (11 November), Black Friday (29 […]
“We are a socially responsible brand that offers artisan luxury products. We believe that a modern luxury brand should be transparent. Inclusive and accessible, not only to the society’s elite”. This is what can be read on Crafted Society website, a Dutch project with Italian traction (from leather to manufacturing). It was launched in 2015 […]
Sustainability is in the name of the event itself. Diego Moreira Ützig (Lanxess RTM for the Americas) and Celso Schwingel (Stahl Technical Manager for South America) will be talking about the technologies that can respond to new market demands and market trends. But the agenda of the CSCB Sustainabililty Forum – Leather in a hyperconnected […]
The ostrich merges. Klein Karoo International and Mosstrich can, finally, merge. The South African Competition Commission (judiciary branch responsible for fair market competition), has granted the right to merge after the two South African players had appealed. The entities were trying to unify the respective divisions specialized in treating material of ostrich origin. The past […]
Not just Savar. Nor Mirsarai. Two districts aren’t enough for Bangladesh, which prepares for additional Leather Districts. Dhaka’s government is, in fact, already thinking of developing a third tanning district. The most well-known of the three, which is in part already active, is that of Savar. It was created as a (not particularly functional) alternative […]
The Era of Simplifying. Actually, simplifying is the concept on which the Lineapelle Fashion Committee has been focusing 2021 summer trends. Yesterday, at the Enterprise Hotel, in Milan, there was the style roadshow kick-off to open the work-in-progress towards Lineapelle 98, scheduled at Fieramilano Rho, on 19-20 February 2020. Saying stop to excess While addressing […]
Le Tanneur, a French brand specialized in the manufacturing of high-end leather goods accessories, has been boosting sales. Nevertheless, losses have been going up as well. The first six months of 2019 turned out to be discrepant for the brand, whose overall turnover reached 30.94 million euros, therefore increasing by +14.3% on annual basis. Yet, […]
SMCP have been growing in double figures, despite Hong Kong, thanks to bags and shoes. In fact, in the third quarter, the revenues of the holding company, which is in control over Sandro, Maje and Claudie Pierlot brands, reached 274.5 million euros (that is, +9% at fixed rates of currency exchange). “Our company achieved a […]
LVMH offers 14.5 billion USD to buy Tiffany. If the sale was to be approved, it would be the largest acquisition in the history of the French conglomerate. On the other hand, as for now, rumors say that an American dismissal of the proposal is “very likely”. The reason? The offer is too low: “Arnault […]
Small leather goods are beautiful, especially because they are modular. The latest trends in bags see the recovery of small, sometimes very small, bags’ dimensions by luxury brands’ designers. And the month of October, between capsule collections, pre-sales online or in selected boutiques, is an example of how we are already beyond the re-launch of […]
All in leather, all of very high quality, all otherwise destined to the landfill. These are the three characteristics of Bandit Manchot products, the small leather goods brand founded in 2010 by French entrepreneurs Marie-Laure Biscond, Marie-Christine Frison and Anne Duquesnoy. “I joined the family leather-goods business, for which my two future partners worked as […]
Recuperating small leather pieces from other tanning process and guaranteeing a salary to those that would otherwise being at risk of not having one. This is that the win-win model of Jarret Schalff, young entrepreneur out of Detroit, created when he opened his business names Pingree Detroit. Schalff saw a side of its neighborhood that […]
Connolly Leather Tanners & Curriers is (definitively) back on the market. The British tannery, founded in 1878 by brothers John Joseph and Samuel Frederick Connolly, participated in the 36th edition of Vintage Cars and Motorcycles, held in Padua from Thursday 24th to Sunday 27th October. Connolly was an exhibitor at the fair, welcoming the invitation...
The import of raw hides, semi-finished and finished leather in Japan during the first 7 months of 2019 has lost about 18.6% of its value. The result was reported even after JEFTA came into play, which is the trade agreement between Japan and the European Union that will bring, in 10 years, to the full elimination of any barrier between the two area. During […]
French tannery Rémy Carriat, founded in Espelette in 1927, received an important acknowledgement from the Ministry of Economy and Finance of Paris. It is a sort of a “brand”. It’s called “Entreprise du Patrimoine Vivant” (EPV). The acknowledgement, established in 2005, identifies French companies “that stand out for the excellence of their productions and work […]
Kering may well rejoice in the accomplishments achieved by Saint Laurent and, most of all, by Bottega Veneta. Likewise, the group praises Balenciaga and Alexander McQueen rewarding performance. They can therefore offset Gucci “slowdown”, that is, not such an outstanding boost. In addition, they could cope with Hong Kong problems. This is briefly the last […]
A vast majority of luxury and retail top players had formerly joined it. Last August, when they presented the Fashion Pact, signatories amounted to 32. Yet, now Mr François-Henri Pinault, president and chief executive officer of Kering group, as well as promoter of the project, endorsed by French President, may well rejoice. In fact, 24 […]
They are the leaders of the two largest groups in the luxury industry, namely Kering and LVMH. They compete, with Gucci and Louis Vuitton respectively, to be the richest and most coveted fashion brand in the world. They autonomously carry out their projects and initiatives about sustainability. Furthermore, they also manage, on their own, their […]
