GF Capital Management & Advisors, a private equity fund headquartered in New York, is the buyer. Mansur Gavriel is the one who is selling: the brand is renowned especially for bags, in particular handbags, manufactured in Italy. More specifically, GF have acquired most of the capital assets of the US brand. For the records, the […]
Duchess Meghan Markle, a real influencer, has created a charity bag: the article, which will help unemployed women find a new job position, has already sold out even before its official launch. Not to worry though. In fact, such dream accessory, a leather tote bag, will soon be back on the market, reassure promoters. The […]
German leather goods’ manufacturers ending up being owned by a Portuguese (leather) seats’ maker. The whole operations turned out to be alast resort saving operation. Main characters of the story: German brand Bree and Portuguese group Coindu. The first had been living troubled and turbulent times, and was heading for bankruptcy, after an insolvency procedure […]
“The new International Leather Centre (ILC), based in Northampton, is going to be the most important centre for leather research: here they will address the whole value chain, from raw hides and skins to high street. We do believe that no other institute, all over the world, will manage to provide such highly proficient expertise”. […]
Things are rather simple after all: the area of Malargüe (situated in the province of Mendoza, in Argentina’s sub-Andean region) has an abundant quantity of raw hides and skins, still unused, in fact. Consequently, they are striving to create a leather industry, including the manufacturing of finished products, to turn a pointless waste into a […]
An event that will host over 350 brands and welcome around 12,000 visitors from 96 different countries. The 116th edition of Mipel, “the most important tradeshow for B2B handbags and fashion accessories at an international level, was presented yesterday in Milan. It will open its doors on Sunday, September 15th, and close on Wednesday, September […]
Looking beyond. Aiming the sight towards new horizons. The future is a norm at Lineapelle. The 97th edition that will take place at Fieramilano Rho from October 2nd to the 4th will prove this more than ever before. The future is called “circularity”, as shown by the launch at the fair of the The Leather […]
Fires in the Amazonia forest have been topic of great concern around the globe, because the South American tropical forest is an environmental matter that concerns the entire planet. But thinking of stopping the purchases of leather from Brazil is the wrong manner with which to resolve the issue: moreover, it’s “simplistic”. Maybe, so much […]
Groupe Bigard bought the majority shares of Nick Winters Group, company that has, within its divisions, a section that is specialized in the international commerce of tanning raw material, finished leather and animal protein. As reported by International Leather Makers, Nick Winters, founder of the company by the same name, enters the French company’s management […]
Words are important. They are extremely important, especially when we need them to describe meticulously a financial project we are most likely to talk about for a long while. More specifically, Rino Mastrotto, Matteo Mastrotto, his son, and Barbara Mastrotto, his daughter, are going to illustrate, in the following interview, the deal they signed with […]
Louis Vuitton roll out their new laboratory. In fact, yesterday the French luxury brand inaugurated their new plant, located in Beaulieu-sur-Layon, a few kilometres far from Angers. The facility, which is going to provide highly rewarding energy performances, will extend across a 6,000-square-metre area. Together with Michael Burke, chief executive officer of the fashion brand,...
VF Corp have recently stopped buying Brazilian leather while expecting their South American partners to provide them with new guarantees with regard to environmental sustainability. Well, such decision did not scare CICB, the association of Brazilian tanners, at all. Primarily, volumes of leather bought by the holding company (which is in control over a few […]
H&M announced their decision to suspend Brazilian leather purchase. As reported by Reuters press agency, Sweden’s fast fashion group made this choice because of “serious blazes, strictly linked to the livestock and farming industry, which are hitting part of the Amazon rainforest”. In the same way as American VF Corp holding, H&M set a “provisional […]
GER Elettronica have completed their own major transformation. In fact, Bruno Burato and Renato Visonà, historic business partners, decided to set a new management layout in their company. After appointing (nearly one year ago) Cesare Dal Monte as new general manager, they delegated the company’s operational and strategic control. In the meantime, they have become […]
How are British companies preparing for the possible no-deal Brexit? Many prepared for the hit by taking a stand to defend their revenue. The biggest (and very concrete) concern has to do with protecting one’s business from the devaluation of the UK pound. Three cases, narrated by Footwear News, demonstrate how the problem is particularly […]
Location: Fiermailano Rho. Date: October 2nd to the 4th. Objective: to tell the identity of “the leather material”. Its circularity. The event during which all of this will be possible will be the 97th edition of Lineapelle, during which, for the first time, there will be a space entirely dedicated to this goal (Pavillion 14). […]
Cotance will offer its support so that the 32 fashion leaders who have signed the Fashion Pact can achieve the established sustainability goals. Cotance, who’s aim is to keep European tanning associations together, announces it with a press release: “European leather shares these priorities and is committed to making its own contribution to achieving the […]
The leather industry cannot be held in any way responsible for fires in the Amazon rainforest, and for two reasons. First of all, because leather is only a by-product of zootechny. And second, because – at this very moment of the market – nobody in Brazil would benefit economically by setting fire to a rainforest […]
A slight growth for made-in-Germany footwear in the first semester. But, meanwhile, operators showed concern for their future while at their Gallery Shoes’ stands in Düsseldorf (September 1-3). During the usual closing press conference, BDSE (Federal Association of the German Footwear Retail Trade) and HDS/L (Federal Association of German Footwear and Leather Goods Industry), spoke of Germany’s...
Luxury leather goods brand Delvaux inaugurated its museum in Brussels on September 2nd, inside former military barracks occupied by the brand since 1994. Today, in the same building that houses the museum, at number 7 of Boulevard Louis Schmidt, are the study of design and the atelier of the brand. The exhibition, designed by Bob […]
