Tod’s returns to the prestigious One Billion Club. The luxury group led by Della Valle closed 2022 with a record revenue: 1.007 billion, compared to the 1.004 billion achieved in 2016. The value is equal to a 13.9% increment compared to 2021 and +10% on 2019. The decisive push for growth comes from the leather […]
Functionality, materiality and, of course, leather. These are the points common to the top brands that closed men’s fashion week in Paris on Sunday, 22 January. While on Monday, again in the French capital, Haute Couture Week has begun: 29 brands, from Schiaparelli (Monday morning) to Robert Wun (Thursday), passing through all the top names....
At the end of the day, the brands that flaunted their bombastic farewells to exotic leathers helped those same exotic leathers to appear more precious and exclusive in the eyes of the public. Yes, because while the likes of Chanel, Burberry and Hugo Boss have stopped using crocodile, alligator or python, brands like Hermès, Louis...
Sometimes it also happens to LVMH that a project fails to come to fruition. The luxury giant changes its mind and renounces to build its research centre dedicated to “durable and digital luxury” on a plot of land in Saclay, related to the campus of the Institut Polytechnique in Paris. LVMH boss Bernard Arnault, however, […]
A new leather goods hub of almost 20,000 square metres, where as many as 9 sub-suppliers will be integrated. In Campi Bisenzio (Florence), on 20 January, with a big party, Hind opened GAB’s new headquarters, a company specialised in the design, industrialisation and production of leather goods for the luxury market. In 2021, the Turin-based...
Borders reopened and the zero Covid policy stopped in conjunction with the Chinese New Year (22 January). Observers now expect positive effects for the leather and meat markets in China from the resumption of social life. These are the first cautious considerations when reading The Sauer Report about the 2023 horizons of the local tanning […]
Change at the top of Royal Smit & Zoon. The CEO of the Dutch tanning chemicals group, Hans van Haarst has resigned with immediate effect. Group owner Marc Smit will take over the role. The company’s official note does not specify whether Smit will fill the role on an interim basis pending the appointment of […]
Tod’s invests 15 million euro for a new leather goods site. It will be opened in Pontassieve (Florence), in the Le Sieci fraction. The location is extremely close to that of “partner” LVMH, as the conglomerate also plans on building a new leather goods manufacturing site. Once at full capacity, Tod’s will employ between 200 and...
It’s not beauty. You won’t believe it, but the first thing the people at Hermès pay attention to when selecting leather is structure. Because an accessory from the maison must meet high aesthetic requirements, certainly. But, above all, it must last, because the customer expects it. Priorities As Emmanuel Pommier, CEO of the brand’s leather...
Japan and leather: a binomial on which Pitti Uomo focused in the edition that has just ended (and also in the past). Since 1986, JLIA (acronym for Japan Leather and Leather Goods Industries Association) has been promoting and developing Japanese footwear and leather goods. In Florence, it was represented by 6 brands: Kado-Press, Kanpekina, Numero...
Time is not Marco Bizzarri‘s ally. The reconfirmed (by Kering’s top management) CEO of Gucci must begin (and quickly) to write the brand’s new chapter, from a creative and strategic point of view. The void in the creative direction weighs more heavily on Gucci than on other competitor brands that are more focused on a...
A Men’s fashion worth of a standing ovation. The thirty seconds of applause that celebrated Giorgio Armani‘s creations at the end of his Milan fashion show speak for themselves. They are a symptom of an appreciation (almost reverential) for the designer’s sartorial mastery. Milan Men’s Fashion Week closed (on 17 January 2023) decreeing the prominence […]
China slows the quarterly results of Richemont and Burberry (even with the latter’s leather goods segment continuing on its positive trend). All the while, LVMH is getting closer to publishing its 4th quarter data and reaching new highs on the stock market. Financials disclosed by Richemont and Burberry have put in black and white the...
The 100-million-revenue club. For many fashion (and footwear) brands, the goal for 2023 is to surpass the revenue-mark. For some, it’s a come back into the latter, after the losses caused by the pandemic and for other brands, it marks the achievement of a growth objective that took years. Yet, it’s quite the success, given...
“A return of formal wear? I don’t see such high demand”. That’s the comment of Pasquale Morgese of Mofra Shoes (Barletta), present at Pitti Uomo with the 2star brand. Mofra (35 employees) closed 2022 with a revenue of 50 million euro, up from 2021. The company’s export quota is 10%, while 60% of the revenue...
Graziella Braccialini, the gold-fashion union is served. Five years after the Florentine leather goods company was acquired by the Arezzo-based Graziella Holding group, a new and unique brand is born. A “Luxury Division” that will include a production department specialising in gold jewellery and bijoux at the Arezzo headquarters. Together with specialisation in leather goods...
Bikkembergs’ plans include shoes to make inroads into the US market and bags to develop the women’s market. Dario Predonzan, General Manager of Levitas, explains the progress and strategies of the Bikkembergs brand. Levitas has its headquarters in Milan and is under the control of the Chinese group Modern Avenue, which owns and manages the...
Leather confirms its leading role in the fashion universe. This was also demonstrated at the latest, recent edition of Pitti Immagine Uomo, held last week. In Florence, it was seen declined in multiple solutions that know how to satisfy a transversal clientele, with leather clothing attracting particular interest. Clothing that, therefore, maintains its (current) dimension […]
Jonathan Anderson Loewe hit the bullseye with its leather bomber jacket. Celebrities that have worn it (and Instagrammed) include: Kendall Jenner, Hailey Bieber, Taylor Russel and Lori Harvey. It costs 5,900 euro and, according to the press, stocks are running low due to high demand. The product managed to bring back the bomber-jacket shape as a versatile item properly revisited in leather. Loewe’s leather bomber […]
Thirty million dollars. That is the 2022 turnover of Christie’s handbag and accessories division. The handbags market is going strong and the auction house is setting a record. Who knows whether in 1978, when it entered the industry by selling a Coco Chanel handbag, they would have thought at Christie’s that leather goods would turn...
