Indipendent design e-commerce takes in 15 million to grow

Indipendent design e-commerce takes in 15 million to grow

Indipendent design e-commerce has obtained a 15 million loan. Iris Ventures announced the investment of the fund for Artemest, together with its partners, among which is Olma Luxury Holdings. This platform was founded by Ippolita Rostagno and Marco Credendino and it presents itself as the largest marketplace for interiors’ furnishing, offering the possibility of reaching far away […]

The vegan car that quietly returns to leather

The vegan car that quietly returns to leather

For the interior of the Polestar 2, the “veg” model of electric brand Polestar (Volvo), it is possible to choose leather in addition to fabrics. It doesn’t sound like much, but it’s interesting news from several points of view. Industrial, first of all, because a brand that returns to leather after its vegan infatuation, is...

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Fast food, not fashion: KFC and its Italian leather Wrapuette

Fast food, not fashion: KFC and its Italian leather Wrapuette

It costs 235 euro, which puts it in the so-called “premium” segment. It’s not luxury, but it’s not fast fashion either. It’s made with leather, from Italy, and in order to buy one you must join the waiting list, as if it were a Birkin bag by Hermès. The company that launched this product, which […]

Obuv, was it worth it? 4 entrepreneurs’ answers

Obuv, was it worth it? 4 entrepreneurs’ answers

Was it worth attending Obuv Moscow? We asked 4 entrepreneurs (2 from the footwear and 2 from the leather goods sector) attending the Russian fair, which closed on Friday, April 29, after 4 days of programming. The two central days were the ones with the largest visitors influx, who were numerically smaller than at past...

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China, Zero-Covid policies may hurt (once again) the Made-in-Italy

China, Zero-Covid policies may hurt (once again) the Made-in-Italy

The pandemic threatens (once again) the exports of leather goods by the Made-in-Italy industry to China. As a matter of fact, Italian exports of shoes and leather goods to China were growing significantly during 2021, but the country’s current Zero-Covid policies may stop further hopes of a boom. A clear pain point, given that “Made-in-Italy...

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Boss and the dark side of nearshoring: closer, but compared to what

Boss and the dark side of nearshoring: closer, but compared to what

There is a dark side to nearshoring. At least from an Italian perspective. Often when the phenomenon is discussed, opinions claim an almost exclusively positive value to it. But that’s not always the case, because while it’s true that the global fashion chains are shortening and much manufacturing volume is returning to the Mediterranean (Europe,...

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Circular and quality: how Lebrand reuses leather offcuts

Circular and quality: how Lebrand reuses leather offcuts

Leather offcuts? They become luxury clothing. Polish brand Lebrand has presented its first collection made from the off-cuts of previous seasons. Buyers can be sure that they are not only buying a unique garment, but also that it is saving raw materials from being dumped. Luxury clothing with leather offcuts Lebrand presented the ‘Spring 22’ […]

More than just sneakers: the made in Italy challenge from Pyer Moss

More than just sneakers: the made in Italy challenge from Pyer Moss

Kerby Jean Raymond chooses made in Italy for his debut in women’s footwear and leather goods. The former Reebok creative director founded the brand Pyer Moss in 2013, and has now turned to Italian materials and manufacturing to take on his new challenges. This brand became famous six years ago when its show invoked the […]

Norway: throws away worn sandal, it was found after 1,700 years

Norway: throws away worn sandal, it was found after 1,700 years

A 4th century leather sandal resurfaces on the peaks of Norway. The discovery took place at the end of August 2019 and, now, the find is being studied by experts. A Norwegian climber was crossing the area known as the Horse Ice Patch near Oppland. The sandal is in a good state of preservation and, […]

Meanwhile, at Obuv, Russian buyers are there and working: but how?

Meanwhile, at Obuv, Russian buyers are there and working: but how?

In Russia, is business as usual (or almost). Exhibitors at Obuv (which closes its doors on Friday, April 29) report a Russian market that does not look like a country at war. But, like the European ones, it is influenced by the situation of uncertainty that leads buyers to be more cautious in their purchases....

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Barclays warns: China is chaotic, the luxury segment should invest in the USA

Barclays warns: China is chaotic, the luxury segment should invest in the USA

Barclays warns: the pandemic’s trend in China doesn’t promise anything good. That’s thy the former advises luxury players to invest in the United States. Because after the lockdown in Shanghai, Beijing too risks of ending up the same way, even if positive cases decrease. The capital’s restrictions will allegedly have an additional negative impact on...

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Hermès locks Hermès in: ownership will remain in the family until 2041

Hermès locks Hermès in: ownership will remain in the family until 2041

Until 2041, Hermès (brand) will remain in Hermès’ (family) hands. The family members own 54% of the capital via holding company H51. At the annual assembly that took place in Paris, the family stated that the majority shares will be maintained at least for 20 more years. Meanwhile, the luxury brand is exploring the Metaverse...

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Furla’s results among rumors of a sale and a CEO seat to fill

Furla’s results among rumors of a sale and a CEO seat to fill

Rumors of a potential sale of the brand by the Furlanetto family shake the brand. CEO Mauro Sabatini has left its post. Yet, Furla states that sales increased by 7.6% in 2021, compared to the previous year. All during a challenging time: the brand had difficulties in Japan, the top destination for its leather goods, […]

Hermès +44%, Cucinelli +38%: the luxury segment rediscovers America

Hermès +44%, Cucinelli +38%: the luxury segment rediscovers America

The luxury segment rediscovers America. During the first 3 months of 2022, the US market showed great dynamism, attracting investments from luxury brands that see China slowing due to the zero-Covid policies and various lockdowns such as the one in Shanghai. It’s not by chance that the US are becoming the main growth market for […]

Going up: Celine surpasses 2 billion and it’s only just beginning

Going up: Celine surpasses 2 billion and it’s only just beginning

Celine used crocodile hides to take the decisive step to climb the luxury segment’s pyramid. The LVMH-owned brand is growing more quickly than expected and, according to analysts, has surpassed the 2-billion-euro mark for 2021 (revenue wise). Now the brand is trying to raise his positioning to enter a less-crowded and more competitive segment: hard...

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3 days for Micam and Mipel, Pitti goes back to the past, Riva confirms

3 days for Micam and Mipel, Pitti goes back to the past, Riva confirms

The Italian trade fairs for finished products and fashion accessories are defining dates and strategies for the next editions. The objective: to outline the panorama of what (for now and who knows when) has been defined as the “new normality”. In the light of this dimension, therefore, Pitti, in view of the June edition, takes […]

Raising prices is a solution for few, so what to do?

Raising prices is a solution for few, so what to do?

There are a few top luxury brands that deal with price rises at source (logistics, procurement, production, etc.) by passing them on in-store, on the tags of their accessories. Then there are all the others: brands that, of necessity, have to suffer the situation and go in search of complex alternative ways. Also because, as...

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Leather or fabric? The sneakers trends, city by city

Leather or fabric? The sneakers trends, city by city

Each to his own. The StockX Big Fact Report shows that every city in the world has its own sneakers trend. The choice varies according to taste and tradition. In Milan, Paris and Madrid, the sneaker maintains a strong link with natural raw materials thanks to leather uppers or inserts. London, Berlin and overseas, on...

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Mileage and leather: miles and miles of circularity

Mileage and leather: miles and miles of circularity

From the comfort of vintage car seats to the elegance of a handmade accessory. French brand Mileage gives new life to leather destined for landfill. It contributes to a potentially endless cycle by taking the leather from its customers’ classic cars and transforming it into bags, wallets, key fobs, watch straps and everything else they […]

Russia and China don’t concern LVMH, which does +23% during the 1st quarter

Russia and China don’t concern LVMH, which does +23% during the 1st quarter

Between January and March many hits originating from Russia and China have cause grave concerns for many. LVMH isn’t among them, as the first quarter proved to be very solid for the largest fashion group in the world. The group managed to do so well mainly thanks to the performance of the “Fashion and leather...

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