Reebok’s creative director, Kerby Jean-Raymond, will leave his job at the end of February. This is the latest move before the brand’s transition from Adidas to ABG-Authentic Brands Group is completed. New distribution agreements and 150 redundancies were the other decisions in preparation for the transition. Brand objectives? To close the next financial year at […]
It’s a convergent movement. On the one hand, shops are being enriched with social formulas (live streaming, involvement of well-known personalities, etc.). On the other, the web is absorbing the sales standards of the physical world, and adapting them to the screen. China is central to the luxury market: this was already true before the...
Let’s put it this way: those trying to save the world from an imminent catastrophe use a leather bag. Italian leather, made in Bassano del Grappa by Finco 1865 tannery. This article has to do with Don’t Look Up, movie that was recently added on Netflix, and which has already become – explains Wikipedia -, […]
Covid has opened a season of crisis: and crisis are responded to proactively. “Change must be ridden, not suffered”, says Diego Rossetti, president of Fratelli Rossetti. He has no doubts about Italian leather: it is the only one that brings with it a guarantee of sustainability. On the hypothesis of opening up the group’s capital […]
If Zegna was able to be +27% on the year it has to do with the “Luxury Leisurewear” and “footwear” categories. The group’s sales amount to 1.29 billion euro, just below the 1.32 billion collected in 1.32 billion of 2019. US market performed well, awarding the Thom Browne brand with a revenue of 263 million […]
Price is the king. Costs are rising in the footwear supply chain, and this is now the main source of concern for operators. Nevertheless, they say that price is the factor that determines the evolution of the market more than any other. Experts estimate that by 2025 the average export price per pair of shoes...
As it should have been, Lineapelle New York was the edition of the return in presence. But, also and above all, a show that highlighted a lesson already heard and seen in Italy. For example, at Pitti Uomo and Expo Riva Schuh. So here it is: it is possible and necessary to return in presence...
The calendar of trade fairs in the CIS area has been redefined. Following the postponement of Micam Milano, the trade fairs that take place twice a year in Russia, Ukraine and Kazakhstan have been moved back into the calendar. The Spanish Futurmoda trade fair has also postponed its next edition by two weeks. Registration now […]
“Your profession applies scientific and technical know-how to an artisanal activity that has a long tradition, in Italy and other countries such as my home: Argentina. When I was young, I studied in a trade school focused on the usage of chemicals, and this brings me closer to your business”. These are the words of […]
The question is: For how long can LVMH grow at this pace? It’s a fair question for the French group, which closed 2021 with 64.2 billion euro in sales (also thanks to Tiffany’s performance). Specifically, the question is focused on the “fashion and leather goods” division, which grew more than expected: +51% (sales) in the […]
Ferragamo and Aeffe’s 2021 is good. Yet, both groups haven’t managed to reach the performances of 2019, last pre-pandemic year. Footwear and leather goods had a positive year for Ferragamo, and a great one for Aeffe (which suffered from the lower growth of the apparel division). Both groups hope that the reorganizations (completed and to […]
Increased demand, increased production. The French company Algo has announced that construction work on two new leather goods factories is about to start. The expansion is a response to the growing demand for bags, travel trunks and accessories from Goyard, a brand for which Algo has been working since its foundation. Both new factories will...
First, the age-old question: leather or alternative materials? Then the choice: “After having evaluated the pros and cons of the two solutions, having read a lot of material, I decided to use leather due to its quality and durability”. These are the words of Elodie Verdan, young designer ex-Louis Vuitton, who launched French brand shoe.shoe. […]
Take away everything, but not my leathers. The pandemic has forced Chapal to overturn its business model and focus exclusively on online sales. A digital revolution for the French fashion house, which celebrates its 190th anniversary this year, and which (proudly) does not renounce to its own tanning workshop, where it produces all the leather...
Promoting national production, difficulty in finding specialized workers and training. These are the interesting and shared topics of many segments in many countries. They are also the highest priority ones within the agenda of French leather chain, which closed a “staggering 2021”, thanks to raw hides’ exports (+44% on 2020) and leather goods’ sales (+30%). […]
There are talks again about Dainese and the possible ownership change. Already in 2019 Investcorp, current owner with Coller Capital of the group from Vicenza, had entrusted the advisor Lazard the task of exploring the market. At the time, it seemed that the Permira fund (now owner of Golden Goose and Dr. Martens) was in...
The future is today, and in a few weeks, at Lineapelle. The future of which we write is that of mobility: Innovative, sustainable, with autonomous driving and focused on an electric transition. Simply put: regenerative mobility. And be careful: interiors will be in leather, counter to the mistaken path that the automotive industry is following today. The fruit of the collaboration between Lineapelle and Hyundai Transys (global auto […]
Tod’s is back on its way. After 5 Years of continuously declining revenue, 2021 closed with a larger increment (+40%) than what expected by analysts. While Tod’s leather goods segment is back to pre-Covid levels, the group was very close to the results of 2019, with sales only 2.6% (at constant rates) lower than 2019....
There are two pieces of news these days that, when read together, offer an interesting insight into the direction the market is taking. The first is Moncler‘s cut, which excludes natural fur from its collections. On the other is Leather UK‘s survey of the British public. This reveals, first of all, a certain consideration for...
Future Fashion liberates fashion. The startup from the Marche region, a branch of the DIS (Design Italian Shoes) footwear brand, continues to gain appreciation and recognition. The latest one, in chronological order, comes from Riva del Garda, where it won the first edition of the Innovation Village Retail of Expo Riva Schuh, the scouting project...
