A year of business stability for the US leather industry. Export of made in the USA tanning raw material, semi-finished and leather reached 2,08 billion dollars, thus increasing by around 40 million compared to the year before. Such are the data provided by USDA (the United States Department of Agriculture), then reported by trade journals. […]
The rumour tha has destabilised the most observer is that of a possible sale of Chloè: a prolific brand (450 million turnover) and, moreover, growing. The rumour has yet to be confirmed and, in a way, is offset by another indiscretion never confirmed: that according to which Richemont could be interested in Ferragamo. It is […]
Louis Vuitton is expanding production. The brand from LVMH group is ready to open two new laboratories in France for the production of bags and leather goods, two sites that will give work to around 500 employees, bringing the number of operators to 4000 overall. The first laboratory, already announced, should open by the end […]
The brand is Belgian, the (new) factory in France. Delvaux, historic leather goods brand founded in Brussels in 1829, announced the start of a new production site in Avoudrey, in the French region of Burgundy-Franche Compte. The reason? Very simple: “We need to double our production capacity in order to satisfy the demand”. Delvaux already […]
Tum boosts Samsonite. The group specialised in suitcases, which in addition to Samsonite and Tumi also controls American Tourists and eBags, closed 2017 at 3.49 billion dollars (over 2.83 billion euro), with an increase of 23.3% compared to 2016. Gross operating margin increased too, by 19.5% to 580.3 million dollars (471.2 million euro). The brand […]
More than 1 billion USD, or over 50% of the export value for a year. That is China’s worth to US traders of raw material and leather for the tanning industry. And that is the reason why Stephen Sothmann, president of USHSLA (one of the main associations for the leather industry in the USA), invited […]
A fire-fight (or a media-fight), that see the Telegraph’s snobbish editorialist being put in its place by the UK Leather Federation. The first sign of trouble presented itself when, on the UK-based newspaper’s 4-wheel part in its lifestyle section, appeared an article titled: “Leather has no place in modern cars”. The author, Ed Wiseman, starts […]
Almost a million Euros (900,000 Euros, to be exact), in cash funds and investments in new facilities, to accompany Kanpur’s leather district in the path to sustainability, both social and environmental. This the pledge made by Stahl, multinational company in the chemicals’ business, made this past November along with 6 partners (Non-for-Profit Solidaridad). The program […]
“Manufacturing abroad requires transparency over the origin of your product. Perhaps we’d better specify that more closely and let customers know where our footwear comes from”. Federica Felicini, from Giorgio Piergentili shoe factory, speaks out at Obuv Moscow while wrapping up the clash between companies: on one side, those who entirely carry out their manufacturing […]
Not just finished products, most of all, but also, more and more, supplying materials, leather in particular, thus enhancing the national tanning industry. According to Diep Thanh Kiet, vice-President of LEFASO (Vietnam Leather, Footwear and Handbags Association), Vietnamese tanneries might be able to provide 60% of leather for shoes and bags by 2030. They currently […]
German footwear industry is doing well and looks ahead at 2018 optimistically. Carl-August Seibel and Manfred Junkert, president and general manager of HDS/L, the German association of footwear industry and leather goods, depicted 2017 financial statements. Shoe factories with 50 employees (at least) increased their sales by 5,9%, thus moving from 2,7 up to 2,9 […]
The latest edition, namely the third one, took place in Shanghai, China, last September. The next one, that is, the fourth one, will be held in New York: quite an interesting piece of news indeed, from an organization standpoint. The next World Leather Congress, the international conference of tanners, is scheduled on 16 July 2019 […]
They confirmed their last quarter trend: chemical Lanxess did very well throughout 2017. Such good performance is mostly based, apparently, on their acquisition, successfully completed last year, of US Chemtura, a supplier of flame retardant and lubricant additives. Their annual turnover reached 9,66 billion euros, thus increasing by 25% compared to 2016. As for profits, […]
Piquadro wants to buy Richemont’s Lancel. Negotiations are currently underway, and they might get to the closing by the end of June. Piquadro made the news public in their release: “At the moment we have not signed any binding documents, and we have recently started due diligence works”. Lancel, a historic luxury leather goods company, […]
Fontanellas y Martì, a leather company headquartered in the tanning district of Igualada (Spain), totally bought out Vidal Bosch tannery (located in the same region), founded in 1945 and focused on leather manufacturing for leather goods and accessories. The deal, carried out at the beginning of the year, will enable Fontanellas y Martì to expand […]
If you decide to entrust a Far East contractor with your work, in 2018, you may still get a nasty surprise. That is the way it is. At Panyu Shimen Handbag, a South Korean factory located in Guangzhou, female workers have been on strike since March 5 “because they have been paid no minimum wage […]
The last edition of APLF has sent comforting messages to Italian exhibitors: compared to the outcomes of the fair over the last years, vibrations are better then. The exhibition has also given one more confirmation though: as to some specific segments, Chinese manufacturing encounters difficulties while trying to keep up with its competitors, mostly old […]
They signed their agreement today in Hong Kong. ICEC (the Quality Certification Institute for the Leather Sector) and CSCB (the Brazilian Leather Certification of Sustainability) joined forces to further enhance and reinforce the “mutual acknowledgement of certifications – as pointed out in a joint release – which are supposed to provide the leather sector with […]
Waiting for the Asia Pacific Leather Fair to kick off, ICT, the International Council of Tanners, held their annual meeting, which took place today in Hong Kong, to replace their top management. Former president Richard Pai, from Taiwan, leaves the company, and new president Lisa Howlett takes over. The new leader is an American entrepreneur: […]
Equitan are in high spirits. The company, headquartered in Chiampo (Vicenza), a leading manufacturer of machinery for tanneries, has been awarded, a few hours ago, the “Best of APLF” prize for innovation, during the international trade industry fair, which is underway in Hong Kong. The company, founded in 1998 by Antonio Antoniazzi, was awarded for […]
