It reached the peak of its parabola in 2021. When Allbirds, the brand of comfortable, modest footwear, went public on the New York Stock Exchange with a valuation of over USD 4 billion. At the time, Allbirds presented itself as a sustainability-conscious brand, and looked to the markets for the resources to grow in line […]
Brands (especially independent ones) are on the hunt for aspirational consumers, as the category is being cut off by luxury brands practicing price increases. But it’s a complex context, as the same category is being affected by lower purchasing power and consumption is thus slowing. Yet, the segment remains interesting: McKinsey estimates its value to...
Fashion and style. Interiors and automotive. Any other possible declination of leather in the context of an all-encompassing dimension of everyday life. It addresses the lifestyle scenario, and the way leather can become an integral, stimulating and enhancing part of it. Based on this suggestion, Lineapelle returned to South Korea to hold a series of […]
The calendar for the 2024 edition of Parma Greenweek is rich and cross-topic. Operators of different industrial segments (food, auto, steelwork and others) will discuss environmental steps taken or to be taken. UNIC – Italian Tanneries, participated on April 5th to explain what the tanning industry has done so far. The fact that it doesn’t […]
Nike‘s victory in the Missouri court, which decided to dismiss the class action lawsuit against the sports brand, is bound to leave its mark. Because it shows that brands must be able to demonstrate their sustainability achievements, as consumers, investors and laws demand. But even greenwashing accusations need to be substantiated by those making them, […]
Diversifying is the key word for Grisport. Production comes from multiple owned sites dislocated in Italy, Europe and Africa. The offering of products covers the outdoor, protection, sneakers, and formal lines. Sales are closed everywhere, but predominantly abroad (70%). Footwear company Grisport, founded in 1977 by brothers Graziano and Mario Grigolato, is headquartered in Castelcucco...
Less stores making more purchases, and the development of export. That’s how German leather goods’ brand Harold’s is facing the crisis of the domestic market. The company headquartered in Obertshausen (near Frankfurt) opened in 1936 and is today managed by the nephew of the founder Thilo Schmelz with his son Lennart. The production is done...
A Regulation that “sets objectives that Italian tanners fully share”. But, at the same time, a regulation that threatens the Italian leather sector. UNIC – Italian Tanneries and the trade unions – FILCTEM CGIL, FEMCA CISL and UILTEC UIL – are launching a real “alarm about the present and the future of the national leather […]
In summary: diversifying pays off. Rino Mastrotto, Vicenza-based tanning group, closed 2023 with significant numbers – in terms of revenue and employees -, especially considering the way last year closed. The CEO of Rino Mastrotto, Matteo Mastrotto, had already anticipated the group’s satisfaction in October, when at Lineapelle explained the reasons behind the rebranding that […]
Prada too is courting the VICs (aka the Very Important Clients) and preparing a mega-investment in Milan. “We have been working to win over certain luxury customers with a specific offer tailored to the high-end, through specific services and spaces within our distribution”, says the brand’s CEO, Gianfranco D’Attis, who gives the example of the...
It’s the hot topic of this March edition of La Conceria: technology is completely changing the fashion industry. The way Coach planned the success of the Tabby model with young consumers (Gen Z), is the clear proof. That’s because, as reported by BoF, it let go of traditional and analogical instruments, including human intuition of...
The car market follows the fashion market. Car manufacturers are aiming at the top end of the range, not least so as not to suffer from Asian competition. For example, Mercedes is investing in the premium and luxury range to increase margins. The German carmaker’s goal is to increase sales of the top-end luxury class […]
Altofare Group thinks big. Founded last January, Altofare is an Italian platform specialising in the production of luxury accessories and finishes. The project is supported by White Bridge Investments, a private holding company. OBI Group, Industrie Testi, Tacchificio Monti, Lampa, Griste, OBI IAB, Conti & Vannelli, CDC Luxury Chains, PF – Pressofusioni Fiorentine, SCAF and...
Limoges the same as Vigevano. The porcelain city was for long also the city of shoes. But Erel now risks of going bankrupt: one of the last footwear plants left, after 77 years, is being liquidated. The brand, specialized in the production of leather home shoes, has seen an ownership change in 2016 but after […]
The investment made by Song Shin Leather, Chinese tanning group headquartered in Guangdong, is interesting, at least on paper. According to the deal underwritten on March 27th with Bangladesh Export Processing Zones Authority (BEPZA) and local authorities, the group will invest 6 million USD (5.5 million euro) to build a new tannery in the Comilla […]
Chanel raises prices again. All-around. That is, on the one hand from France, fashion division president Bruno Pavlovsky theorises about future price increases. On the other hand, in Asian stores, the increase is a reality: thanks to an adjustment of between 2.8 and 8.3 per cent, the iconic medium flap bag exceeds the USD 10,000...
“In the Valdarno area, it’s not really as bad as Florence, it’s worse. We are facing a change of step”, said Aldo Cappetti (in photo), president of CNA Industria Arezzo owner of Romy Pelletterie in Pian di Scò. “Those believing that in June or September they will be back to producing as much volume as...
Tabor fund complicates Tod’s delisting. According to the US-based speculative fund (which owns 1.1% of the ordinary shares of Tod’s), the offer by L Catterton of 43 euro per share is too low. The value of Tod’s shares is between 82 and 102 euro each. Some of analysts believe Tabor is also involved in the...
Awakening and relaunching Bruno Magli. Liquid signed in July 2023 a 5-year licensing agreement (renewable for another 5 years) with Marquee Brands. The goal: distributing and selling shoes and leather goods branded Bruno Magli in Europe. It’s worth mentioning that manufacturing processes and leather are all Italian. “The biggest obstacle? The web. When research is...
Everything is ready for the Festival of the Green Economy. Which this year as well confirms the dual format that adds to the “tour of the factories of sustainability” (2-4 April) the four days of debates and testimonials in Parma (4-7 April). UNIC – Italian Tanneries renews its participation in Greenweek 2024. “To present the […]
