Affordable luxury is at the center of the dispute between Tapestry+Capri Holdings and the FTC – Federal Trade Commission. The litigation, in fact, hinges on both sides’ submission to the U.S. District Court in Manhattan of the definition of accessible luxury. For insiders, FTC’s is a political battle to defend the middle class. What the...
We will be at Lineapelle this time as well. La Conceria returns to the fair, at the entrance to Hall 13 (Aisle A), setting up a real editorial office among the booths, as in the last editions of the Milanese fair. An opportunity for meeting and sharing, that will be updated with a very interesting […]
An evening in London with Lineapelle at the Italian Embassy. The event Colours, Trends & Sustainability was a real success in terms of attendance, interest and active participation. The aim was to give meaning and a new perspective to the story of the excellence of Italian leather. A chromatic perspective. Lineapelle sells out in London […]
There was a lot of talk about the of the supply chain, at the Sustainable Leather Forum (SLF). Because at the event, now in its sixth year and organized in Paris (Sept. 9 and 10) by Alliance France Cuir, traceability, held center stage. The topic represents the main challenge facing the European tanning segment (and...
We are used to hearing that “vegan leather” is an oxymoron: the juxtaposition of two terms with opposite meanings, but it doesn’t end there. Now, thanks to philosopher Raphaël Enthoven, we learn that vegans make catachresis: that is, they exploit a rhetorical figure to appropriate a term (and its imagery) and relocate it in another...
Apple has no intention of learning from its mistakes about leather. Yes, because on the one hand FineWoven languishes discounted on Amazon, while on the direct e-commerce channel it gets rid of the very latest accessories. On the other, the gossip around Cupertino does not forwarn a (understandable and reasonable) return to leather, but an...
There will be 1,259 exhibitors from 43 countries. They will set up their booths from 17 to 19 September at Fiera Milano Rho giving life to the 104th edition of Lineapelle, the “leading trade fair platform in the global context of the supply chain for the fashion, luxury and design industry”. An event that, in […]
“The concurrence of the events once again highlights the commitment to build an integrated system, demonstrating the fundamental importance of uniting supply chains that share history and values”. Lineapelle, Simac Tanning Tech, Micam, Mipel, TheOneMilano, and Milano Fashion&Jewels, a.k.a. the global benchmark tradeshows for fashion and luxury supply chain that will open their stands at...
China is suffocating the luxury segment, with stocks seeing no light at the end of the tunnel. On Thursday, September 5, shares of some of the major European luxury goods players fell sharply. For example, Hermès, which lost 6%. The day before, Morgan Stanley revised (down) its forecast for LVMH stock, which lost more than...
It’s no longer in the confines of wealthy ladies shopping the streets of Cortina. After a decade, ostrich leather is coming back, and this time, without the “grandmotherly” allure of wealthy circles. Because in the wake of animal rights protests, the precious material had disappeared from the radar or, rather, brands had scaled back its...
Okay, saying Volkswagen may go bankrupt is an exaggeration. But it’s certain that the German auto group faces one of the deepest crises in its history: for the first time, it’s considering closing plants in Germany. And while the group’s stability is in question, what is management in Wolfsburg worried about? Presenting a fabric developed […]
The long-awaited boom in vegan alternatives to leather is reminiscent of the revolution according to that Giorgio Gaber song: “Not today, maybe tomorrow, the day after tomorrow for sure”. Yes, because the trickle of articles and press releases about new, unfailingly “next-gen” materials is so far only a media boom. The expected industrial impact (invariably...
Approaching new markets and benefiting the reshoring from China. Calzados Bonadona is a shoe manufacturer based in Cehegìn, in the Murcia region of Spain. Founded in 1994, it is led by Bernardo Martinez Garcia and Mariano Tudela Alvarez. Bonadona specialises in the production of espadrilles, which is concentrated in October and November. Shipments take place...
Gucci’s style office is growing. The creative director of the Kering group fashion house, Sabato De Sarno, is introducing three key figures to his team. These are familiar names to insiders: Ian Waller will be in charge of men’s leather goods, Giovanni Battista Orsi of men’s clothing and Michele Romano of women’s clothing. As Fashion […]
If Louis Vuitton invests so much in sport, CEO Pietro Beccari explains to La Repubblica, it is not just for extra window dressing. It does so to create a connection of values and ideals between haute couture customers and the world’s top athletes. In the summer 2024 alone, the LVMH group’s flagship brand is premium...
After returning with her personal brand, Phoebe Philo is once again in the spotlight. This time, however, it has nothing to do with a new collection, but rather with accusations (made via social media) against her management style. According to fashion editor and influencer Brenda Hashtag (Brenda Weischer), the British designer exploits her employees. The...
The fair, like the market, is down. In Germany, sales of shoes and handbags fell further in the first half of 2024: down 15%, with the consequence of Shoes Düsseldorf (which closes today) having declining attendance, and with visitors preferring other events and waiting for Micam Milan. Today is also the opening day of All...
Santoni’s growth slows, but at a rate that confirms the positive forecasts. The Corridonia and Marche-based company tells Corriere della Sera that it closed the first half of 2024 with a revenue of €60 million, or +8.6% compared to the same period of 2023. The performance is significantly lower than what Giuseppe Santoni, who returned […]
L Catterton acquires part of the capital of Polène. The deal strengthens the presence of LVMH boss Bernard Arnault, already a partner through Aglaé Ventures, in the French leather goods brand. The brand, which uses Italian and Spanish leathers, more than doubled its sales in 2023 and, even more impressive, tripled its profits. L Catterton...
There is also another kind of luxury that is starting to show its slowdown. A luxury that, in turn, had benefited from the solid and growing hype for designer bags and limited-edition trainers. We are talking about the crisis at Christie’s and Sotheby’s. The rich Chinese have also reduced their investments, and their takings and...
