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Online and more: Oriental scents for the luxury segment

21 Oct 2020

Online and more: Oriental scents for the luxury segment

21 Oct 2020

In the realm of luxury today the queen brand is Dior, says BofA

Fashion & Leather Goods (+12%) drive LVMH recovery (-7%)

19 Oct 2020

Fashion & Leather Goods (+12%) drive LVMH recovery (-7%)

A capsule for the Singles’ Day: Dior and luxury first time

19 Oct 2020

A capsule for the Singles’ Day: Dior and luxury first time

Vuitton, 6 artists for Artycapucines second collection

19 Oct 2020

Vuitton, 6 artists for Artycapucines second collection

Paul Andrew and Microsoft: tradition and innovation for Ferragamo

19 Oct 2020

Paul Andrew and Microsoft: tradition and innovation for Ferragamo

Louis Vuitton meets NBA: first capsule collection unveiled

15 Oct 2020

Louis Vuitton meets NBA: first capsule collection unveiled

Going insane again for a Hermès Birkin: this one is worth 287,500 dollars

15 Oct 2020

Going insane again for a Hermès Birkin: this one is worth 287,500 dollars

Tanneries, shoes, bags: Chanel tells about Italian suppliers

12 Oct 2020

Tanneries, shoes, bags: Chanel tells about Italian suppliers

Cucinelli enjoys recovery: +3.6%, compared to 2019, in 2020 third quarter

12 Oct 2020

Cucinelli enjoys recovery: +3.6%, compared to 2019, in 2020 third quarter

Vuitton makes use of leather for 3 reasons, claims CEO Michael Burke Il Sole 24 Ore has published an article about it today. Its headline has drawn our attention quite immediately because of a bunch of key words, which prove to be extremely “sensitive” to us. Here it is: “Fully sustainable 100%, from raw materials to selling stores”. The article is an interview given by Michael Burke, Chief Executive Officer of the French fashion house. Taking his start from a general remark, he then got closer, to a much more relevant extent, to leather area. He therefore highlighted the 3 reasons why Louis Vuitton makes use of leather. We could also tell you about the rest of the interview (which you can read by clicking on this link), but we just report, one after another, each of the 3 reasons mentioned above. Vuitton makes use of leather for 3 reasons: here is the first one Says Burke: “We have stated we care about animal welfare; we do not want to give up using leather, fur nor exotic hides. We have made such decision for three reasons. First, because leather tanning industry has been traditionally a circular economy model. In fact, several hides we make use of for manufacturing bags and shoes are a waste product coming from food industry. If they were not further employed in the textile-apparel-fashion supply industry, they would turn into a scrap to get disposed of. Reason number two Burke has then moved on to reason number two: “Animals bred in farm houses, which currently work for Vuitton, have been relying, for a very long while, on some protocols, externally certified, which require and impose ethical treatment alongside the welfare of animals and those who work with them”. Reason number three “Such is the third reason – wrapped up Burke –: homo sapiens has successfully managed to use and process leather and fur for ages. Still nobody has found any raw materials which prove more suitable for the role given to clothes and accessories, that is, protection and adornment”. Could not be more crystal clear…. Pictures taken from lvmh.it (Michael Burke, right) and it.louisvuitton.com (left)

12 Oct 2020

Vuitton makes use of leather for 3 reasons, claims CEO Michael Burke

Mulberry is hit by social distancing and the lack of tourism

8 Oct 2020

Mulberry is hit by social distancing and the lack of tourism

Luxury 2020: -20% states Goldman Sachs, but some luxury brands will grow stronger

1 Oct 2020

Luxury 2020: -20% states Goldman Sachs, but some luxury brands will grow stronger

Ferragamo answers that it’s strong by itself, to those calling for a merger

1 Oct 2020

Ferragamo answers that it’s strong by itself, to those calling for a merger

They spend in China (fortunately) as BCG revise estimates: +30%

28 Sep 2020
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They spend in China (fortunately) as BCG revise estimates: +30%

Kiton, Furla, Prada on their race to China, the only rewarding market

28 Sep 2020

Kiton, Furla, Prada on their race to China, the only rewarding market

The court slows Tiffany: the lawsuit against LVMH will move forward in January

24 Sep 2020

The court slows Tiffany: the lawsuit against LVMH will move forward in January

China reassures luxury: shopping to go up by 10% in 2020

21 Sep 2020

China reassures luxury: shopping to go up by 10% in 2020

Legal dispute between LVMH and Tiffany to flare up on September 21

20 Sep 2020

Legal dispute between LVMH and Tiffany to flare up on September 21

Prada's confirmation: China is present, sales are exceeding 2019

17 Sep 2020

Prada’s confirmation: China is present, sales are exceeding 2019

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