Prada suffers revenues – 5.5% in recent months. Europe (-7.7%) and Japan (-14.2%)

“The work of complex restructuring of all operating processes, with the aim of providing the group of tools needed to gain access to an increasingly competitive market, continues but not can still be concluded “Prada Group CEO, Patrizio Bertelli, accompanied the presentation of the financial statements for the first half of 2017. Within six months, […]

Cutting machines: Comelz acquired by NB Renaissance Partners

Comelz becomes American NB Renaissance Partners (NBRP, a private equity fund that is part of Neuberger Berman, a global management and investment company), found a majority stake in Comelz, Vigevano’s leading company in the production of cutting machines for the cutting- shoemaking industry and leather goods. The Zorzolo family will retain a minority stake, maintaining […]

France, Pechdo Tanneries go to Caroline Krug

The French tanneries Tanneries Pechdo change hands. Caroline Krug, a businesswoman with 12 years of experience in the LVMH group, with the support of an investment bank, found the majority of the company in which her capital came in 2014. Tannery, headquartered in Millau (renowned for gloves making), is specialised in the production of leather […]

Technology from the United States to evaluate rough leather

Ultrasonic sound waves to check for invisible naked eye damage on the first tannin material (without compromising on integrity). It is the project to which the United States Department of Agriculture (USDA), the Agricultural Research Service (ARS), works with an annual budget of $ 1.1 billion and is committed to finding a solution for the […]

In India, a Ministry for Bovine rise concerns for leather traders

In India, Prime Minister Narendra Modi is told to be setting up a ministry for bovine, a promise already announced in the electoral campaign by the politician. To push for the introduction was Visha Hindu Parishad, a Hindu organization, that has long called for the ban on slaughter, consumption and sale of beef to protect […]

IULTCS plans the future. Thomas Yu, the next president, followed by Zugno

The International Association of Leather Chemists (IULTCS), as the Dietrich Tegtmeyer mandate ends, has established the organisational chart for the next four years. As announced in Shanghai on August 30, 2018-2020, will be chairman of IULTCS Thomas Yu (now vice-chairman), while taking over his deputy Luis Zugno (currently in the Commission Chairmen). For the next […]

ACLE closes, confirming a weak demand for Chinese footwear, grows that of the Vietnamese

ACLE (All China Leather Exhibition), just concluded, confirms that the Chinese shoe market is still weak. The numbers published by CLIA (the Beijing National Leather Association) before the three-day trade show explained that the shoe trend has been decreasing since the beginning of the year. During the kermesse (Shanghai, August 30 – September 1), however, […]

Protectionism, worsen: Turkey charges wet-blue blocking exports

Raw, semi-finished leather is one of the most heavily penalised raw materials from protectionism. UNIC (National Union of Conciary Industry) estimates that well over 50% of the world’s leather is taken away from free trade. Since August 16, this share has been further aggravated by the Turkish government that is imposing a $ 500 per […]

New Zealand, Henan Prosper buys Bowron, Nichols passes to Wallace Group

The Henan Prosper Chinese tassel giant (Zhengzhou headquarters and about 6,000 employees in total), specialising in goat leather, expands its horizons in New Zealand. His Hong Kong branch, Rich Development, has invested $ 13 million in acquiring the G L Bowron & Co tannery of Christchurch. Founded in 1879 and specialised in sheepskin, it was […]

Colombier saved by the fellow countrymen of Château

The drums of the small but historical French tanneries Colombie (28 employees, 3 million euros in turnover) will soon be running. Colombier, founded in 1925, was put up for sale in February due to “significant financial problems”.  According to rumors, it was also impossible to found a replacement in the new generation.  For this reason, […]

Number 04

DEMONSTRATING THE CONTINUOUS UPGRADING OF ONE’S GREENNESS. COMMUNICATING IN A NEW AND EXCITING WAY THE COMPETITIVE VALUE AND ONE’S EVOLUTION. UNIC (ITALIAN TANNERS’ ASSOCIATION), TELLS IN ITS LATEST ‘SUSTAINABILITY REPORT’, THE STORY OF THE 7 TANNING REGIONS AND THEIR INTERNATIONAL LEADERSHIP. AND IN A VIDEO, GIVES A VOICE TO THE PASSIONATE WORKERS OF THE INDUSTRY

Number 03

LINEAPELLE, THE MAIN INTERNATIONAL FAIR OF THE LEATHER INDUSTRY, IN JULY HAD ITS PREVIEWS IN LONDON AND NEW YORK (IN THE PICTURE). IN THE SAME MONTH, SEVERAL FAIRS OF THE FASHION, ACCESSORIES AND MATERIAL SUPPLY CHAIN TOOK PLACE ALL OVER THE WORLD. SOME OF THEM, AS THE GERMAN ONES, HAVE PROBLEMS. FOR THE COMPANIES, IT IS IMPORTANT TO PARTICIPATE IN THE FAIRS THAT FIT THEIR MARKET STRATEGY THE MOST