The war as seen by Portugal. Even if the joint markets of Russia and Ukraine only account for 1% of Portuguese footwear exports, the segment is concerned of potential “second degree” penalizing conditions. For example, towards Germany, Netherlands and Poland, all destinations where the goods transited to end up in Russia. Moreover, there are the...
Fascinating and demanding. But expensive and sensible to price. These are just some of the peculiarities of the US marketplace, according to Salina Ferretti, CEO of Falc and vice-president of Assocalzaturifici: “It’s the only one where the heels are still on high demand”. Ferretti (in photo at Micam), leads the footwear plant in Civitanova Marche, where […]
From rumours to confirmation. Carlyle has acquired the Dainese group. The U.S. investment company announced it on March 11, 2022, explaining that the transaction provides that Cristiano Silei will remain in his role as CEO. The note in which Carlyle announces that it has completed the acquisition does not contain details of the terms or […]
Vietnam’s footwear segment sees the end of the crisis. LEFASO (Vietnam Leather, Footwear and Handbag Association), published the manufacturing results for the 3rd time this fiscal year. Data shows a growth trend, and the association explains it with the nearly complete re-opening of all plants after the vaccination of most workers. Foreign revenue is about...
In her introductory remarks, Alessia Cappello, Councillor for Economic Development of the Municipality of Milan, defines the event scheduled from on March 13-15 as “one of the most important international fashion and accessory fairs“. With 1,400 brands represented, Micam, Mipel, TheOneMilano and HOMI Fashion&Jewels Exhibitions at Fieramilano Rho, under the slogan #BetterTogether, a trade fair […]
When will the rush to produce in Turkey end? In recent months, the obstacles encountered by the Asian supply chain (China and Vietnam in particular) have led many European (non-luxury) brands to divert part or all of their footwear and leather goods production to Turkey. Turkey is already a “super” supplier in the clothing segment....
Lineapelle returns to Fieramilano Rho, from tomorrow, Tuesday 22 February, to Thursday 24, to present the trends for Spring Summer 2023 (click here for registration). It is back with over 950 exhibitors (two-thirds of them Italian) from 31 countries, 30% more than the September 2021 edition, the last one held in attendance. About 500 tanneries […]
“A safe fair” and one that responds to “market needs“. After confirming its dates from February 22 to 24 (in conjunction with the Milan women’s fashion shows, February 22/28, presented yesterday), Lineapelle is warming up its engines to open its 99th edition. An edition in presence, returns to a dimension similar to the pre-Covid one, […]
Mipel Lab 2.0. From February 22nd to the 24th, Lineapelle will host the 2nd edition of the concept exhibit by Assopellettieri that is dedicated to promoting leather sourcing across Italy’s market. 16 companies “that passed the strict selection process”, will be present, explained Assopellettieri’s president Franco Gabbrielli. Mipel Lab 2.0 What can we expect from […]
Italy’s government approves easy entrance practices for non-vaccinated EMA buyers. Ministers approved the decree on February 2nd, allowing buyers with vaccine not approved by the EMA, such as Russian Sputnik and Chinese Sinovac, or even Cuban Soberana or Indian Covaxin, to enter Italy and access services the same way as EMA-approved vaccinated individuals. Yet, all...
Bernard Arnault is the first in high fashion to disregard the fascination for NFTs and the metaverse, a (virtual) world where many have entered, attracted by potential opportunities and the sense of urgency of being present in a new communication and contact space. Yet, the metaverse, with his tokens and cryptos, remains a bet based on a...
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...
Before production interruptions due to Covid, Vietnam had manufactured, in outsourcing, more shoes. Many were made with leather, mostly from Italy, as Italian leather exports towards the country have increased by 57% compared to the first 8 months of 2020 and by 19% on the same period of 2019, as shown by data from UNIC...
The luxury segment and its brands according to analysts. Travel will still not fully recover, and so 2022 will be another year in which local consumers will count the most. Two key markets exist: US and China. Additionally, it will be increasingly important to attract young consumers, because they are fascinated by luxury products by...
Remo Ruffini doesn’t plan on creating the Italian luxury district. Nor he plans on making new acquisitions. “We have two startups such as Moncler and Stone Island and are already occupied developing them – his words -. I am convinced we can do it”. Moncler’s CEO is sure that large luxury brands and SMBs must […]
The People’s Republic is important for the luxury market: it would be difficult to say the contrary. Yet, the industry needs to cultivate some alternative: it realized it can’t depend on China alone. Even more so due to the unknowns tied to the country. What we have already mentioned in La Conceria n. 10, where […]
When managing a haute couture brand, and in no small part, many managerial and financial aspects count. But for the founders, the priority is the product: for its role, for the fascination it evokes, and for its evolution. Diego Della Valle, Brunello Cucinelli and Giorgio Armani, guests at Milan Fashion Global Summit 2021, all expressed […]
APLF confirms the 2022 edition on the previously announced dates (30 March – 1 April 2022). Given the problems of the last two years, when the show was repeatedly postponed and then cancelled due to Covid, this is already news. But the next edition of the show will not be held in Hong Kong as usual. Exceptionally, […]
“Vietnam? Still a current concern, augmented by transportation issues”, said Graziano Mazza. Mr. Mazza, owner of Premiata (company making the majority of its sneakers in Vietnam with Italian materials and Chinese soles) shares his concerns. Since July, Vietnamese production was drastically reduced due to the pandemic, as local companies were shut down for a time. […]
Vanessa Friedman, the New York Times‘ leading fashion writer, does not usually take kindly to facts about Italian fashion. On the contrary, she does not spare salacious criticisms to brands and events. This time, however, the journalist cannot be indifferent to Milan’s enthusiasm. In her analysis, Friedman refers to Milan Fashion Week. But insiders know […]
