The transaction does not cause any “anticompetitive effect due to the pre-existing situation of joint control by the acquiring company over the target company and its subsidiaries”. Words from the AGCM (Autorità Garante della Concorrenza e del Mercato), relayed by Teleborsa and Milano Finanza, in relation to Gucci Logistica’s transfer from 51 to 100% of […]
The price bubble has turned into a brands’ impasse. Analysts are wondering about the possible solutions: they rule out continuing raising prices, but also starting with the lowering of said prices. That would be another mistake that would drive customers away. The impasse of the brands Luca Solca, analyst at Bernstein, compiled with WWD a […]
There is a new way to get to that handbag you have always wanted: sales. Fashion has been jacking up prices for a few years now, and to empty the full warehouses it has, there are now sample sales. What were once private events for employees and families, are now the place to be for...
Miu Miu’s stellar performance is no accident, nor it’s ephemeral like certain other events: the brand is set to become really big. At least that is what’s believed by a growing number of analysts, who are convinced that Miuccia’s creature will put additional gasoline in the Prada Group’s engine. CEO Andrea Guerra, meanwhile, has explained...
While the competition for supremacy in the sneakers’ market is being fought between Nike and Adidas, a new development has presented itself (as the former was ahead but the latter on the rise): the technical shoe. And it’s precisely in this framework of old and new players that a potential partnership between Golden Goose and […]
“The best sneakers for winter are made of leather. And, currently, there is no good alternative to leather”. German sneaker guru Amadeus Thüner says this. He is one of the best-known sneakers experts, in the industry for almost 20 years, a cultural marketing consultant and founder of the “Oh! Sneaker Media” dissemination platform. The German […]
An opportunity for discussion, networking and promotion. Primary objective: to spread knowledge of the green and innovative quality of Italian leather and the industry that produces it. Last week, UNIC – Italian Tanneries was the guest of the Global Apparel Conference 2024 held from 20 to 22 November in Humen Town (Dongguan, Guangdong). Global Apparel […]
(Hi)story / (Re)source / Project(ed) is the title of the educational-creative design workshop underway at Designskolen Kolding, a collaboration with Lineapelle. The project, which opened on 25 November, aims to combine traditional Italian craftsmanship with innovation in design at the Danish school, through the contemporary and sustainable reinterpretation of theatrie’s costumes inspired by the Italian […]
Clothes, accessories, images, videos. “Memorabile. Ipermoda”, investigates contemporaneity and the role of fashion from 2015 to the present. The new exhibition curated by Maria Luisa Frisa opens on Wednesday, 27 November at MAXXI in Rome. An analysis of the creative and economic structure, design practices and the use of increasingly sophisticated technologies, which are now […]
Investing and growing even when the luxury dogma is into crisis, with (almost) the entire fashion system. This is what Vivolo is doing by focusing on a few cornerstones: “Technological investments and diversification of supply and markets, sustainable innovation and hope for the future, without ever giving up on quality”. This strategy has “enabled the...
Incoming U.S. President Donald Trump threatens tariffs of 25% on products from Mexico and Canada and an additional 10% on those from China. “On January 20, as one of my first executive orders”, he wrote on social media, ”I will sign all necessary documents to impose a 25% tariff on Mexico and Canada on all...
The Japanese boom was one of the few positive news stories of the past year. And luxury brands managed to dampen it as well. Of course, currency fluctuations had something to do with the Japanese market’s positive moment: the weak yen attracted Chinese consumers, who found it cheaper to shop in the neighboring island country...
The transaction became official on Nov. 21, 2024, according to a note from the advisor that handled its finalization. Tuscan tannery Ausonia is now under the ownership of Chinese giant Henan Prosper, through its Spanish subsidiary: Colomer 1792. The news had been circulating for several months and has now been confirmed. Ausonia passes to Henan...
The new manufacturing cluster FTC (Filiera Toscana della Calzatura) is born. And it does so on the impetus of Michele Paris, an entrepreneur active in buy-and-build processes in the fashion and luxury chain, who heads the company P4. Together with Paris, there is private equity fund Azimut, which holds a minority stake of over 30%....
In recent years, circular fashion has become an opportunity for brands to give new life to existing products or materials. And it is no coincidence that leather recycling is now a trend. Speaking of circularity: it is the star of the new project by Polène and artist Wendy Andreu. Together they have launched a mirror...
In his YouTube videos, Weston Kay dissects shoes to understand (and explain to the audience) how they are made. Ever since the Utah-based craftsman and content creator started literally cutting them in two, he has helped users understand the intrinsic value of the products. Orienting oneself is not easy, but Kay has come to one […]
Crisis, payroll subsidies and redundancy funds. Three cases exemplify, in all its harshness, the complexity of the current economic situation, amidst quarterly reports in the red, falling sales and standstill production. First: 500 employees of the Aeffe group are laid off. Second: 65 redundancies at Bally confirmed. Third: Geox downsizes by closing shops and direct...
Stahl, a leading specialty coatings company for flexible materials, is divesting its wet-end business and selling it to Syntagma Capital. The move is part of Stahl’s transformation into a company focused entirely on the formulation of specialty coatings for flexible materials. The sale of the chemicals business also means moving 428 employees, along with production […]
While “combating deforestation is a global priority” – as it obviously is – the truth is that leather should not be considered as a driver of the issue. A truth that has been repeatedly states, demonstrated and forcefully reiterated yesterday in Geneva by UNIC – Italian Tanneries. Location: the Palais des Nations. Occasion. The Deforestation-Free […]
Burberry reverses strategy. First: it will focus on trench coats and not leather goods. Second: it will change its price list, as it admits to having exaggerated. All this while, rumours are circulating about a possible sale and the possible exit of creative director Daniel Lee. Burberry goes -22% The new strategy is called Burberry...
