Nonogasta sees black smoke. According to local sources, Chinese Chery pulled out from saving Curtume CBR. The Asian automotive group should invest in Argentina, but in another province. Chery allegedly decided to pull out due to the “tannery’s distance from the harbor, lack of industrial promotion and the environmental problems”. Saving Curtume CBR Chery will […]
Leather coats, as well as jackets, bags, heels and sneakers. All branded products with the Prancing Horse. Ferrari’s debut on the catwalk was yesterday, June 13. “The fashion business – According to Nicola Boari, chief brand diversification officer of the brand – could represent 10% of the company’s profitability within the next seven to ten […]
On one side is the tanning group that sets up a traceability program able to measure the impact of the leather it tans. On the other is the luxury brand that supports the same approach, so as to compensate for 200 tonnes of CO2. Dani and Montblanc join forces in the Create to Change project. […]
The starting date has been set for today June 14, 2021. The time of arrival, beside from any surprises, is Wednesday, July 7th. In other words, the launch of the Tender Offer focused on SICIT Group, Vicenza-based organization that turns the waste of tanneries into bio-stimulants for agriculture and products for the plaster segment. Circularity […]
Asian leather is recovering. Export data for Pakistan and Bangladesh showcase a way out of the crisis. In the first instance, the increment was of 13.29%. In the second, the apparel increase on yearly base was of +11.1% and of +14.43% for leather goods. Meanwhile, everything in India is ready to pose the first stone […]
European retail suffers. Even with the help of vaccination campaigns, in many countries (including Italy), sales data is still suffering. On the other hand, consumer trust grows, which provides hope to retailers now that Spring is almost over, and Summer is about to begin. European retail suffers Italy ISTAT published on June 8th its estimates...
It is called Dani Academy. It’s the name of the new training project launched by the Venetian tanning group Dani. The objective is to develop an “educational” course on the relationship between design and leather, anchoring everything to the green matrix of its Zero Impact solution. Dani, therefore, set two groups of students up for […]
GST Seton AutoLeather changed its name: it is now Pangea. The multinational automotive leather company recently announced the rebranding. The new name “represents our philosophy and our relationships – explain the company, founded in 1832 as a tannery in the States, and today a group with 5,000 employees on four continents -. Our history with […]
A suspension of the export of raw material: Argentine raw hides are not to leave the country. That’s the demand advanced by the representatives of FATICA (Federación Argentina de Trabajadores del Cuero y Afines) to the government. The same organization had already sounded an alarm regarding the difficulties in sourcing raw materials on the local […]
Footwear and leather goods collapse, but the balance for 2020 is saved thanks to financial services and online sales of shoes (for the most part), leather goods and sportwear. German giant ANWR, which puts manufacturers and retailers on the market, will likely have a “challenging” 2021, also due to the “prudent behavior of commercial credit […]
Two (twin) brothers created it. 3 brothers bought it. We are talking about the premium leather goods brand Want Les Essentiels, founded in 2007 by Byron and Dexter Peart, and that has now gone in the hands of Jean-Philippe, François-Xavier and Guillaume Robert, owners of the outerwear brand Quartz Co. The operation was all done...
“An absolute preview and a significant and tangible initiative of the made in Italy united as a system”. Assopellettieri (association belonging to Confindustria Moda) will present the new Mipel Lab project at Pitti Uomo (June 30th – July 2nd). In other words, an exhibition format created in partnership with Lineapelle. Preview at Pitti At Pitti, […]
It is time to bury the ax of the trade war with China once and for all. In the United States, leather tries to re-establish its own interests and spaces for action. LHCA, the local association of tanning and raw material traders, signs an appeal to the White House to take advantage of the new...
The indiscretion was leaked in March by financial circles. CVC Capial Partners, starting from a valuation of around 700 million euros, was preparing to collect expressions of interest for Pasubio. Now, as Il Sole 24 Ore writes, there are three offers for the tannery in Vicenza. CVC entered the capital of Pasubio in 2017, when […]
The consequences of the 3rd wave hit all while the wounds from the first and second waves were still open. The period January-March was “negative all-around for the manufacturing indexes of tanneries, with decrements often in the double-digits”, reads the note from Lineapelle’s Economic Service. Yet, some positive elements do emerge. The consequences of the […]
The calendar of events is taking shape. Fairs in attendance heat up the engines, while maintaining a hybrid dimension (physical + digital) experienced in 2020 due to Covid. An expected and necessary return for the market that from Pitti, pioneering on June 30th, will extend to all the events scheduled after the holidays, starting with […]
The Sesia it bag, which we have been able to define as Loro Piana‘s “gauntlet” to leather goods, has already proved to be a successful operation two months after its launch. For this reason, the brand of the LVMH group says it is convinced of the investment in accessories, and is preparing new releases. “Accessories, […]
To not use leather so that animals won’t be slaughtered. This is a statement dear to the veg believers. A claim that, surprisingly, still has pull among the operators of the fashion segment. But that’s not the truth. Without tanning’s upcycling activities, hides would be reduced to a waste product created by the livestock industry. […]
Fashion represents 21% of Italian exports to China. A market considered advantageous for big brands and difficult (if not impossible) for Italian SMEs, to which the “made in Italy product” is not enough. There are many obstacles. For example: the territorial vastness, the high degree of digitisation required, and the need to have a local […]
The Chinese luxury market is the battleground for brands. Who won, who lost, what it takes to excel when competitiveness is getting stronger. Finally, what is the role of very young consumers. Three analysts explain perspectives and, above all, pitfalls of the People’s Republic. Mario Ortelli, managing partner at Ortelli & Co., Amrita Banta, CEO […]
