When the interviewer of Madame, the fashion insert of Le Figaro, asks Maria Grazia Chiuri what her greatest dream is, the designer can confess that she has already realised it. Her greatest ambition has always been “to create an iconic and functional piece”, confesses the creative director of Dior. Well, she has succeeded: “I think […]
Luxury brands are strengthening the internal production of handbags and shoes. A trend that began a few years ago and that is accelerating with investments aimed to bring them to completion. The last is that of Saint Laurent, which opened a new leather goods’ manufacturing site in Scandicci (Florence). Next year, on the other hand,...
Leather goods is the new challenge for the independent Santoni. The company with headquarters in Corridonia (Macerata) expects to close 2023 with revenue growth of 15-16% compared to the EUR 98.6 million in 2022. This year it has created 50 new jobs, allowing it to exceed 700 employees. Giuseppe Santoni, the company’s executive chairman, outlines...
Made-in-Italy leather shoes are irresistible. Even for Elon Musk. Footwear manufacturer Bettio in Fiesso d’Artico (Venice) launched the Euforia collection, made up by 20 luxury sneakers’ models made by hand and 100% made in Brenta. Shoes turned into art pieces thanks to 14 contemporary artists. The price is between 400 and 1,000 USD per pair, […]
LVMH Métiers d’Art bought 100% of Renato Menegatti, located in Villaverla (Vicenza), and called it M.ON.DE Metal-on-demand. Another operation in the strategic sectors of metal components for the leather goods and shoes’ segments. This time, the luxury conglomerate bought the activity with its direct operational arm: LVMH Métiers d’Art. LVMH’s metal components’ cluster “Metal working...
How “to bring back” an historic leather goods brand from Naples, which was “navigating in difficult water”. Four years ago Adler Group, controlled by the Scudieri family, bought Tramontano, an artisanal activity founded in 1865 which was even bought by international movie stars. Handbags are all made by hand by artisans with leather exclusively from...
Farfetch is saved by Coupang, Corea’s Alibaba, which has saved the group from bankruptcy. Meanwhile Wolverine Worldwide continues to cut costs and transform its activities. That’s why it sold the Asian business of Wolverine Leathers to one of its suppliers, Interhides Public Company Limited, for 9 million USD. Two operations forced by the decreasing consumption...
Milestones and new green goals for the French luxury giant. LVMH took stock of its green progress to date and launched a new supplier-focused environmental impact reduction programme. Bernard and Antoine Arnault presented the group’s plan of action at a special event entitled “Life 360 Summit”, organised at the Paris headquarters of UNESCO on 14 […]
There are important anniversaries in the history of a company. And there are times when one reaches, in terms of age, such a significant turning point that it becomes necessary to stop, observe the (long) road travelled, and map out the direction to be taken in the future. Celebrating 100 years in business is, without...
The Marche region is investing 3 million euro in the leather chain of Tolentino (Macerata). CTC – Conceria del Chienti received 2 million euro in funding to renew the manufacturing site, while the overall investment amounts to 15 million. Another 934,000 euro contribution goes to Poltrona Frau, which has moved to Montegranaro (Fermo) with a...
French group CTC – Centre Technique du Cuir has taken control of Ars Tinctoria. In December 2021, CTC had announced a partnership with the Tuscan company to be supplied by chemical analysis. Now the decisive step has been made, with the creation of a new company (CTC Ars Tinctoria) which expects to grow revenue by...
An open-day to show the company to “friends and press”, but most importantly to the 400 students of the schools ISIS Gaetano Filangieri and IPIA Niglio di Frattamaggiore. That’s because Angela Capezzuto, owner of leather goods manufacturing brand Angela (two sites between Arzano and Frattamaggiore, Naples), believes that opening the doors to young workers allows...
“We are invisible, but reacting to the crisis is possible”. The leather goods industry in Campania is also affected by the abrupt slowdown and the reduction in orders from luxury brands. Ornella Auzino, at the helm of Rica leather goods factory in Casoria (Naples), explains in this interview her strategy to resist, and how to...
[sponsored article] That of leather, is the core business of most of the big luxury brands, coming to represent up to 70% of their turnover. The Italian leather supply chain is the only one that encompasses, at the highest level of excellence, the entire value chain in a single territory, within specialized districts. This aggregate […]
When speaking to the Financial Times during an event in the UK, Bruno Pavlovsky calls for realism: “The luxury segment can’t always experience double-digit growth”. Chanel’s president refers to the international context (“complicated in all markets”), which isn’t favorable for the sale of high-end goods. It’s well known (and all research centers agree) that the...
A crackling end of 2023 for fashion seats. The rumours were ignited by Simon Porte Jacquemus (photo left, from Instagram) who posted a photo of Hubert de Givenchy‘s office on his personal Instagram profile. Inevitably, speculation started: will he be the brand’s new creative director? While people are struggling with doubt, it is Bulgari that...
Discussing China is never easy. First because it currently is and will continue to be the one making the difference in many geo-economic equilibriums, starting with that of the luxury industry. Second, because each consideration and feedback risks of not being able to know how exactly the trend is. Let’s take as an example the...
With Europe and the US slowing down, the Asian market is gaining importance. In particular, the growing presence of Chinese tourists and the weakness of the yen are fuelling luxury sales in Japan. Meanwhile, Hong Kong, after years of suffering and thanks also to Louis Vuitton’s show (and soon, Dior’s), is back in the spotlight....
Luckily some interviews are nothing more than an exercise. We trust the fact that the latest statements from Stella McCartney will remain in the wind, as the former calls for global duties on the international trade of leather products. Yet, we are always shocked to see public opinion (press, journalists, organizations, etc.) listens to the […]
Too many expenses for too few members. The University of Northampton has decided: it is closing the Institute for Creative Leather Technologies (ICLT). That is, the Institute for Creative Leather Technologies Research and Enterprise. The academic year 2024/25 will be the last. The university will establish a protection plan for already enrolled students. Four years […]
