No “vegan leather”. Much less products that are passed off as green, but are in fact highly polluting. Christoph Mayer really believes in sustainable footwear. Today, he is the creative director of the brand Think!, founded in 1991 in Austria by Martin Koller. Most of the leather comes from Italy, and he also has a […]
Versace obtains a 450 million euros loan from a pool of three banks that participate in the term loan in equal shares. According to MFF, which breaks the news in advance, the Capri Holdings group brand intends to take advantage of the three-year term loan “to optimise its capital structure by adjusting the Italian fashion...
Loro Piana wants to protect its White Sole. And it is threatening legal action against “those who attempt to undermine the iconic nature” of the white-bottomed collection. The brand, part of the LVMH galaxy since 2013, is based in Quarona (Vercelli), produces leather goods in Impruneta (Florence) and footwear in Porto Sant’Elpidio (Fermo) through the...
Increasingly higher numbers for Margot group, Italian holding specialized in the creation of metal accessories for the apparel, leather goods and footwear segment. Revenue in 2022 reached the 50-million-mark and, for 2023, the goal is to close at 80 million euro. The results were discussed by Marco Vecellio, CEO of Margot, during an event in […]
Riri ended up in the hands of Swiss group Oerlikon. The centering trend of the accessories’ segment continues. Just one year ago Swiss company Riri, leader in the production of plastic and metal zippers, had bought Tuscany-based DMC, specialized in the production of leather goods, shoes and luxury apparel. After just 12 months, Riri went […]
Integrations along the chain don’t appear to be stopping. Zuma Pelli Pregiate group (headquartered in Castelfranco di Sotto) acquired Conceria Centrorettili, located in Santa Croce sull’Arno. This deal involves two leading enterprises specialized in tanning exotic hides that will join forces to unite their client portfolio. “The acquisition was conducted because the amount of work done in […]
Reduced its carbon footprint by 51% and waste production by 23%. These are the two key datapoints present on the 2nd Sustainability Report posted by Gruppo Mastrotto. “The progressive reduction of our social, economic and environmental impact must be the leading concept for our choices, so that we may guarantee the presence of a better […]
Dani’s green approach was (once more) awarded the Gold rating by Ecovadis. A confirmation, given that for 4 straight years now, Ecovadis has evaluated the sustainability vision of the Vicenza-based tanning group and placed in the group of enterprises deserving the Gold rating (only 5% of the total evaluated). A result that was most welcomed […]
The focus to identify the forecasts of the upholstery segment in 2023 is mostly East. Specifically, the Asia-Pacific area, which is an important area for the luxury segment, along with China, which hosts 29 of the top 100 manufacturers of the world. But China is also a country that reduced the purchase of Italian leather...
If even a news source such as Business of Fashion, US/UK fashion news source, wants clarity over vegan alternatives to leather, then it must mean the wind is changing. We come from a period during which the press in general has welcomed with enthusiasm, or at least positive curiosity, any new material that imitates leather...
Should Balenciaga now be given an award? Now, that the brand is at the centre of a storm for two unfortunate (understatement) advertising campaigns in which many have recognised a misunderstood way of dealing with the issue of child abuse? Here, Business of Fashion answered the question: no. The influential fashion publication was planning to […]
After a year, Daniel Lee still hesitates about Bottega Veneta. The designer (pictured, archive) does not speak openly about his sudden divorce from the Kering-controlled brand. He claims, however, to have left an impression: “I think people will see how the team will continue to work together”. Even today, when he has now joined Burberry,...
With the aim of achieving higher levels of productivity, Santoni has launched two Industry 4.0 projects for the technological advancement of production. Projects capable of combining artisan tradition with industrial technological progress to inspire process innovations. The projects are called Smart Shoes Manufacturing (SSM) and CARL – Craftsman-Robot Collaboration for Leather Footwear Polishing. A total...
Celine is racing towards a billion euros. Thanks to the Slimane effect, but with the hand of leather goods. LVMH group brand’s turnover rose from 441.3 million euros in 2017 to 728 million euros in 2021. And 2022 could be its best financial year ever. A growth marked by Hedi Slimane, creative director since January...
Shekudo‘s project is well-rounded: it involves a socially responsible brand that supports sustainability and women’s empowerment. Founder and director of the brand, which is Australian but manufactures in Nigeria, is Akudo Amy Iheakanwa, 33 (pictured), of Nigerian father and Australian mother. She moved to Lagos, Nigeria, in 2017 where she has concentrated her shoe production....
Cunning manufacturers have convinced the public that plastic is green, and tanning is not. And now, in the States, we are seeing an increasing share of hides ending up in landfills instead of tanneries. This is what Steve Sothmann, president of LHCA (the association representing the US leather industry) reports on RFD TV. “When the […]
Wolverine Worldwide is bucking the trend. While fashion proceeds through M&As to vertically integrate the supply chain, the Rockford, Michigan-based company has started the process of divesting (also under licence) Wolverine Leathers. Meaning, the in-house leather supplier. Because it is a “low-profit” business, the company explained. Same fate for the brand Keds. “Wolverine Worldwide Leathers,” […]
Certainly, the prestige of the brand has something to do with it, the idea of uniqueness that the Hermès name alone evokes. Just as the choice of the maison to offer (consciously) less than what the market demands, that is a strong influence. But what is striking, is the fact that many customers, rather than […]
Vietnamese shoes are also slowing down. After years of ascent in which it nibbled away market share from China, the made-in-Vietnam shoe is creaking under the blows of the critical global economy. Orders are down (-30%) and local shoe factories are laying off. To avoid delays in the global supply chain, European and American buyers...
Eli – Liu Jo Shoes takes over the production branch of Bigioni shoe factory in Montegranaro. Integrating this branch, named Eli Factory, is Eli, the company in Civitanova Marche (Macerata) created in 2016 by Maurizio Croceri and Marco Marchi, the owners of Liu Jo and Eccellenze Italiane. With this operation, Eli strengthens the production side,...
