Since tanneries were forced to close for nine straight days, at least 1 million hides and skins could not be processed. Although the overall situation is about to get back to normality in a week or so, damages might supposedly amount to 1,5 million leather units less. CICB, the association of Brazilian tanners, have drawn […]
South America is being on red alert owing to the critical juncture Alpargatas is currently dealing with. In fact, Brazil’s footwear giant have been remarkably cutting down jobs and productivity for a while at this point. The company has been directly involved in a complex financial deal, which led, last year, to the disinvestment of […]
In July 2016, they had stepped into the company, buying some capital shares. Slightly less than two years later, French Maroquinerie Thomas have entirely bought out Tuscan leather goods manufacturer B&G. As reported by Il Sole 24 Ore, the leather company, based in Lastra a Signa (for the records, they also run a manufacturing plant […]
Lectra multinational corporation have been scheduling their prospective development (along with a budget). In 2015-2016 two year period, they drew up the concept and started up their work focused on Industry 4.0; subsequently, in 2017, they implemented some experimental projects, directed at customers. Now, in 2018, they are introducing their early solutions, while gearing up […]
Richemont are about to create a new role in their own management, as they are going to appoint the Fashion & Accessories unit manager. Starting from next 1stJune, Eric Vallat will first take this brand new position and, as a new member of the company’s executive committee, he will directly report to Jèrôme Lambert, chief […]
The new plant, which extends across 3,500 square metres, is due to start working in a month or so. That is the new factory, built up by Nuti Ivo Group in Santa Croce upon Arno, for leather manufacturing by Nuti Ivo tannery. Top modern and advanced machinery, placed in the plant, will guarantee remarkable energy-saving […]
The leather tanning industry may create over one million jobs and may therefore become the second source of revenue in the country. In Nigeria, they do believe it: during the second edition of the local Leather Fair, which took place in Lagos, experts and professionals explored opportunities for development and innovation in the industry. Over […]
Last Saturday employees and managers of Industrie Chimiche Forestali were wearing a meaningful t-shirt. You could read on it: “We are invisible, though we are everywhere”. The Lombard company, headquartered in Marcallo con Casone, where they run their administration offices and production, “manufacture in Italy and export all over the world technical solutions to glue […]
Burberry’s financial statements, closed on March 31, went beyond expectations a great deal: adjusted profits increased by 5%, going up to 467 million pounds, therefore going better than expected (453 million pounds). In the same period, operating profits increased by 4%, going up to 410 million pounds, and net profits went up to 294 million […]
Fake products keep increasing, also because of the internet. According to 2018 Global Brand Counterfeiting Report, issued by Research and Markets, the luxury industry’s estimated losses, caused by counterfeiting, in 2017 amounted to 98 billion dollars (83 billion euros). Over 31% of them, that is 30,3 billion dollars (25,7 billion euros), come from the web. […]
Marten Hoon, analyst at Deloitte, opened UITIC 20th edition, which went on in Porto for two days. Yet, actually, his speech also gave the audience some valuable hints to understand the gist of the event and get right directions: innovation, that is, readiness to take up “exponential technologies and emerging business models”, is not just […]
Brazil’s leather exports have been collapsing with regard to value. In fact, in April Brazilian raw material exports considerably decreased, in terms of value, -15,12%, compared to last year same period. Earnings coming from sales reached 137 million dollars. Such data have been provided by the Secreteria de Comércio Exterior (SECEX), the Brazilian government agency […]
Hanging on such business trends, Brazilian Marfrig group, one of the top players in the meat industry worldwide (in Brazil they attend to 23% of overall national slaughtering), may well be confident about their prospective financial expansion. Waiting for further good news then. In fact, accomplishments achieved in 2018 first quarter are brilliant. The group’s […]
Bizzarri and Michele are gearing up to climb on top of luxury. On the other hand, Louis Vuitton stronghold lies on sound grounds, and may still expand their business to a considerable extent. Such is the challenging duel to become the top luxury brand, which is also a competition between two French giants: LVMH versus […]
Tod’s sales have been decreasing, still “are fulfilling expectations”. In the first quarter, the revenues of the group, run by Diego Della Valle, reached 226,1 million euros (-5,2% at current rates of exchange and -1,8% at fixed rates of exchange). “Accomplishments achieved in the quarter have been fulfilling our expectations, but we know that still […]
Lineapelle’s style roadshow goes on. Next destination, reached yesterday and today: Spain. First around Igualada tanneries, then in the core of Elche footwear cluster. Lineapelle has come over to Spain to present a sneak preview of the style key trends for fall/winter season 2019/2020, formerly designed by LP Fashion Committee. Yesterday the workshop (in cooperation […]
Good news and bad news, at the same time, for German Lanxess chemicals multinational corporation. The good news is that overall sales have increased considerably at the end of the first financial quarter: +6,8%. In terms of revenues, they reached nearly 2,6 billion euros. The top management of the group believe that such good performance […]
PETA ASKS THE BIG INTERNATIONAL PUBLISHERS TO INCLUDE SYNTHETIC MATERIALS IN THEIR DICTIONARIES UNDER THE HEADING “LEATHER”. LA CONCERIA REPLIES INVITING ITS READERS TO THE MOBILIZATION. THE BATTLE OVER THE CORRECTNESS OF TERMS IS A WAR OF CIVILIZATION. RADICAL VEG DO NOT TRANSFORM THEIR MARKETING INTO LAW. THE CASES OF BONDED AND FUR
Figure trends are not so outstandingly good as the ones of other French brands, but they are remarkable anyway. In fact, in 2018 early months Hermès’s sales increased by 3,1% (+11% at fixed rates of exchange), therefore leading the overall turnover up to 1,39 billion euros. Thanks to such revenues, the group’s performance went beyond […]
Yesterday TFL inaugurated their new Global Fashion Center in Castelfranco di Sotto (Pisa, Tuscany). The multinational corporation, which offers chemicals for the leather industry, announced the opening as the beginning “of a new age”. “This area will become our footwear and leather goods world center – pointed out Giuseppe Procopio (Head Manager Finishing Central and […]
