Italy’s leather goods industry estimates to lose more than 1 billion euros in sales in 2024. Figures for the first nine months are negative: they show the decline of 107 companies in the sector and 1,307 employees compared to December 2023. In September, production was down 30% and the mood among entrepreneurs is low. The...
The best business is done with VICs (very important clients), the highest niche in the luxury customer pyramid. And to cater to them, Rolls-Royce is investing 360 million euros (£300 million) to expand the pavilion at its Goodwood headquarters which is dedicated to bespoke workmanship. The investment will boost the industrial hub, which opened in […]
In Flexform’s Luchino chair designed by Italian architect Antonio Citterio, leather plays a central role. “I can already see it fifty years from now, still there with its slightly worn leather”. This is how Citterio, who in an interview with AD justifies his design choices, imagines it. For the chair, in fact, the architect started...
Birkenstock doesn’t give up and tries again. It does everything in its power to prevent the imitation of its sandals, investing money hand over fist. Now it claims that its sandals are works of art, and as such should be protected by copyright. The Federal Court of Justice (BGH) in Karlsruhe, the final stage of...
Reuters reports on new details about the Italian authorities’ investigation into Dior’s supply chain. The spotlight is now on the audit system, which gives neither certainty nor guarantees on the actual regularity of the supply chain. This confirms what was understood from the documents of the Milan prosecutor’s investigation into the case in question. But...
2024 was “the most difficult year”. And for 2025, the watchwords are prudence and flexibility, but still accompanied by ambitious goals. Pietro Beccari, CEO of Louis Vuitton, the world’s largest luxury brand (controlled by LVMH), tells MFF. Beccari explains what the luxury crisis is caused by, and why he is confident of a recovery, but […]
Donald Trump’s tariffs are approaching, amid rumors and denials. The made-in-Italy fashion system is concerned, and in the United States brands are organizing (or at least trying to) to also offer U.S.-made footwear. The trade war promised by the next occupant of the White House has, in fact, already begun. U.S. associations are taking advantage...
Vietnam aims to build its own leather supply chain. That way it will be able to meet the growing demands on traceability and sustainability coming, especially, from European customers. And with the advent of Trump and tariffs on China, Vietnam could take advantage of this, thanks in part to free trade agreements that already produced...
San Sebastián tanneries in Toledo are at risk. Even if they belong to the Spanish cultural heritage, they are currently in a state of abandonment. Or “in a miserable condition”, as suggested by the Hispania Nostra association, that included them in the “Lista Roja”, which contains the cultural heritages that are at risk of disappearing; […]
Warehouses are full of unsold raw hides and leathers, and slaughterhouses in the Argentine province of Santa Fe, which are already not going through a splendid market moment, are desperate. In order to get rid of the clutter and the cost, reports the local press, they are ready to sell them abroad, “even if it...
Chronicle of a lawsuit announced. Walmart’s Wirkin, the low-cost (and low quality of course) version of the exclusive Hermès Birkin bag, sold out at the end of December 2024. Driving the success of the US department store was the organic publicity generated by the many Tik Tok videos. Here, users filmed unboxing and matching looks […]
Decline in revenue of 1,4 billion euros in 2024. This is the projection of the study centre of Confindustria Accessori Moda for Assocalzaturifici, based on the data collected during the first 9 months of 2024. “In the third quarter of the year there has not occurred any turnaround in terms of the sector”, as explained […]
In the state of New York, the “Consumer protection and automotive transparency act” is advancing. The regulation (the first of its kind) requires mandatory and transparent disclosure of materials used in the automotive market. It also includes a requirement according to which only materials derived from the processing of animal remains and retaining their fibrous...
The balance of the crisis in the leather supply chain: 330 companies and 4,800 jobs lost from January to September. Except for the layoff fund, all numbers are in the negative. For Confindustria Accessori Moda, 2024 will end with an 8.1% drop in turnover. “With the right support, we can overcome even this phase and...
Sciarada explores “new creative frontiers” and launches the “SUEDEMOTION” project. The Tuscan tannery (Castelfranco di Sotto), specialised in suede split leather for leather goods and footwear, has recently presented an initiative that aims to present new interpretations of its leathers through artistic processing. The aim is precisely “to unite the tanning world with art”. Sciarada...
Russian’s own goal. The government’s aim was to boost local shoe production. The result is that many shoe factories are failing. Why? First, because the legalisation of parallel imports decided by Moscow has been a treat from heaven for counterfeiters. And second, because made in Russia is too expensive for several reasons. Meanwhile, the shoe...
Surprisingly, just as he did at the debut, Valentino’s creative director presented the Roman brand’s Pre-Fall 2025 collection. The pieces, shown via social media, mark once and for all Alessandro Michele’s way of thinking. A journey, that of Michele, between the nostalgia of the 1970s and his maximalist approach, without ever forgetting the reference to...
It’s not a matter of segments, but of strategies. In both fast fashion and luxury there are companies that know no crisis. In fact, they are growing even in a complicated context such as the current one. Inditex, the parent company of Zara, reported an excellent third quarter, even though growth slowed. For Brunello Cucinelli,...
Mention to those who think they are environmentally-friendly because they don’t buy leather products, that they are sorely mistaken. Worldwide, up to 134 million hides a year end up in landfills where they naturally rot. A process that generates the emission of more than 40 million tons of CO2, or as much as 8.7 million...
Judging from data from CICB, the Brazilian tanning association, and Abicalçados, the one representing the footwear industry, 2024 is not going so badly for the green-gold supply chain. Leather (raw, semi-finished and finished) benefits from exports. While shoe production volumes grow by virtue of the recovery in domestic demand. 2024 is not so bad In […]
