The first aspect is positive: after the three days in Hong Kong at the Hong Kong Convention and Exhibition Centre, we can say that returning to Hong Kong for Asia Pacific Leather Fair (after four years not attending) was a good decision. The second aspect, on the other hand, isn’t as positive. At least for...
For the very refined French customer audience, the most prestigious handbags are Chanel and Hermès. But the third wheel is the “little” Tod’s, which gives giants like Louis Vuitton and Dior a run for their money. With the collaboration of Promise Consulting, Bernstein interviewed 309 French consumers (and analysed 4,720 total answers). Thus, they checked […]
After Paris Fashion Week, Celine releases a short film revealing the new autumn-winter 2024 collection. For “La Collection de l’Arc de Triomphe”, Hedi Slimane, the brand’s creative director, was inspired by the founder, the 1960s and the model Twiggy. A collection of clean-cut and leather dresses, presented on social platforms, anticipating the launch of the […]
“You must never give up. You need the anger inside, as my uncle used to tell me. It is essential to grow”. Antonio De Matteis, president of Pitti Immagine and CEO of Kiton, launched his appeal to young people at Future For Fashion, an event held in Florence on 14 and 15 March. The initiative, […]
The search for alternative and innovative materials for Kering has enemy number one: polyurethane. This was stated by Christian Tubito, director of the luxury group’s Material Innovation Lab (MIL), during the Future for Fashion event (14-15 March in Florence). The hub that Tubito heads deals with “supporting the group’s brands in developing alternative and sustainable...
Alcott’s repositioning began with the opening in Via Torino (in Milan) of its new store. The brand, which Nunzio Colella founded in Naples in 1988 and that in 2023 contributed 215 million euro (with Gutteridge) to gruppo Capri, wants to distance itself from the cheaper fast-fashion brands. The restyling in Milan is just the first...
Uncertainty, price and made in Italy are the key words coming out of Moscow. Friday, 15 March, was the closing day of the 60th edition of the Obuv Mir Kozhi show, which began on Tuesday 12 March at the Expocentre exhibition centre. Over 100 brands were present, the majority of which were Italian. Russia seems...
Increased quality and prices to differentiate themselves from Chinese competitors. That’s how Inditex closed a record 2023, along with Tempe, company controlled by Elche which manages the design, supply and distribution of shoes for all the brands of the Spanish group. The group (which controls Zara and Massimu Dutti, among others), plans to make new...
First, fashion houses overestimated the market by overproducing. And now, the accessories supply chain is licking its wounds. In Campania, there are about 8,000 workers in shoes and bags sectors who are being laid off. But according to Ornella Auzino, a leading entrepreneur of Rica leather goods in Casoria (Naples) and of Le Mie Borse...
The leather goods crisis (perhaps) is not the same for everyone. In France, the Manufacture du Cœur des Vosges (MCV), which belongs to Groupe SIS, has announced the construction of a new 8,000-9,000 square metre leather goods factory near Épinal. Over the next three years, the factory will house 350 people. SIS is a group […]
“We will acquire again. The situation does not change the plans of MTW Holding”. This is stressed by CEO Cesare Luzzana (pictured) who, while confirming the current market difficulties, is thinking of the future with a medium-term perspective. The MTWH cluster is active in the production chain of accessories for luxury and fashion brands. It...
It’s not something applicable for luxury brands only: it’s to be applied to everyone. Press sources claim shareholders are pressuring Inditex to supply more information on its entire value chain. The Spanish fast-fashion giant (which controls Zara and Massimo Dutti, among others) currently only shares the number of suppliers and the country of origin. Yet, […]
Two Italian luxury groups in great shape, Prada and OTB. Two only apparently “secondary” brands that continue to grow. On the one hand, Miu Miu, younger brother of Miuccia Prada’s brand, which closed 2023 with a 58% increase in revenue. On the other side Maison Margiela, the second brand after Diesel of the group founded...
Leather goods remain the focus for Tod’s and the relaunch of Trussardi. The negative period affecting the sector doesn’t seem to excessively influence the medium and long-term strategies of brands. Tod’s remains focused on leather goods to drive growth. Miroglio also believes this to be the way to relaunch Trussardi. All, of course, with the...
Pink and black, black and pink. The Barbenheimer trend, a suggestive match between the two most successful films of 2023, is also back on the red carpet of the Oscars Night in Los Angeles. Meaning: Barbie, a film directed by Greta Gerwig, and Christopher Nolan’s Oppenheimer. In the looks of the 96th Academy Awards, there...
They would like to become “the precious leather of tomorrow”, as their website mentions, hence “the precious leather of the future”, competing with exotic, mainly reptile, leather. The French company ICTYOS, producer of fish skin or “marine leather” (as they like to call it) was born in Lyon in 2019 on the initiative of three...
Miroglio buys Trussardi: the court in Milan approved the buyout from the Piemonte company, effectively confirming the latest rumors. But there is another operation worth mentioning. Even with the crisis of the leather goods segment, Kuoyo isn’t slowing down and widens its production capacity by acquiring Tifariti in Rufina (Florence). Miroglio buys Trussardi It’s not...
If just 5% of the French tanning raw material meets the quality requirements for luxury, the leather chain has a problem. If you take into account that 5% is the maximum value of a range starting at 2%, it means that the problem is very serious. The Fédération Française des Cuirs et Peaux (FFCP, one...
Latest from Paris Fashion Week (26 February to 5 March), which closed with Ghesquière‘s homage to Louis Vuitton, while Miu Miu amazed with a collection that addressed the act of dressing as representative of every stage of life. Ghesquière’s homage to Louis Vuitton In the Cour du Carrée of the Louvre, the new collection of...
We are in the final stages of the February – March 2024 edition of Paris Fashion Week. The programme was concluded on Tuesday, 5 March, with the Chanel and Louis Vuitton shows. The weekend saw Valentino‘s total black experimentation, Seán McGirr‘s debut at the helm of Alexander McQueen, and Demna Gvasalia‘s out-of-character choices, who launched...
