Biba‘s transformation: from wholesale distributor for big brands (Nike, Superga, Benetton) to leather goods brand. An “integrated” brand, in the sense of supply chain. In fact, the Spanish brand has started full-scale production in the tannery acquired in 2020 to strengthen production, volumes and control. The aim: to return to a 20 million euros turnover […]
There is a case that embarrasses Louis Vuitton. One of its official shops in China allegedly sold a fake bag. An expert’s report confirmed it and a first instance court ruled condemning the brand to pay compensation to the buyer. Louis Vuitton, meanwhile, says it will appeal. The issue has become a trending topic on...
China will be a superstar country for the luxury segment once again, with patience and waiting time. Analysts and managers of the luxury segment are sure of it. It’s true that the zero-Covid policies implements by Beijing have caused a new and drastic reduction of sales (-30% since January, estimated Bain). But it’s also true […]
The brand Tod’s, leather goods and the USA are pushing the group led by the Della Valle brothers beyond pre-pandemic levels. In fact, the first quarter of the year was satisfactory, despite a March held back by the zero Covid policy in China. The most affected was Roger Vivier, the brand that had shone brighter […]
Uttar Pradesh’s government ordered the demolition of the tanneries located in the Bhadal village (district of Baghpat). The decision caused a violent protest that reached its peak on May 7th, the day on which the destruction was supposed to begin. Workers of the tanneries and other members of the Dalit Muslim minority went to the...
India’s marketplace is under the magnifying glass of luxury groups. Reliance Brands Limited, the main luxury player in India, announced the signing of a long-term franchise deal with Tod’s. Such deal means that the group will become the official retailer of the brand led by Diego Della Valle. It’s the last step of the exploratory...
The Italian trade fairs for finished products and fashion accessories are defining dates and strategies for the next editions. The objective: to outline the panorama of what (for now and who knows when) has been defined as the “new normality”. In the light of this dimension, therefore, Pitti, in view of the June edition, takes […]
Zegna too, as it had happened in the past to Moncler and Geox, became a victim of hackers. The Italian brand confirmed that a ransomware attack took place in August 2021, which caused a serious interruption to the brand’s IT system. News first broke on April 11th 2021, when Zegna announced to its investors what had happened...
An earthquake is shifting things in Asia’s manufacturing industry. The same is happening in the leather segment, because while China is forced to shut down production due to new Covid waves, its neighbors (India first, then Bangladesh and Pakistan), are trying to take market shares away from the former. Even with some structural limitations, India […]
The meat industry is likely to develop in Asia, while leather goes to Europe. South African ostrich farmers are thinking of how to grow. The matter, and the first opinions on how to widen the market, emerged during the conference organized by SAOBC (South African Ostrich Business Chamber) on March 14th. The government has, as […]
It sounds strange even to say it, but the one ended on April 1st at the Dubai World Trade Center is the first APLF without the Chinese. Yes, the fair that has always had Hong Kong as its home and the Far East/Pacific market as its focus, was held in the Arab Emirates for the […]
What is happening to raw material for the tanning segment that used to come from Russia and Ukraine? The war effectively blocked the purchasing capacity of tanneries and traders that are now looking for alternatives. Many companies used to buy raw hides from the two countries and now find themselves in need of an alternative,...
Logistics through Kazakhstan. Payments using the Chinese Unionpay platform. For Russian buyers, the aim is to circumvent sanctions and continue working as much as possible. The most organised trading companies have branches in Europe and offices in Moscow to try not to block operations. But the future of the Russian market remains a great uncertainty....
Private sales to dispose of unsold stock. This is the solution to be adopted by Argentinean brand La Martina, which has Italian roots. According to vice-president Alessandro Santamaria, “the speed with which collections are created and proposed requires us to work on this front too”. The reorganisation will involve the production chain. The strategy to […]
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...
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 […]
Bovine meat slows in the USA. Deer, on the other hand, is doing surprisingly well. The USDA (United States Department of Agriculture) published data relating sales of red meat for the month of October, which appear to be down 7% compared to the same month of 2020. Meanwhile, consumption of deer meat is booming, with slaughterhouses […]
Italian tanning obtained successful results in the third quarter of 2021 as far as bovine hides go: +14% for medium-large pieces and +24% for small ones. Extending the discussion on the first 9 months of the year, the performance is of +25% and +22%, respectively. Ovine hides, on the other hand, didn’t mirror the former’s...
A green plant in Savar to recuperate the byproducts of tanneries and improve the environmental footprint of the Bengali district. Italian ILSA, company that makes nutrition and biostimulants for the agriculture segments via renewable raw materials, is currently negotiating with Dhaka’ government. The project includes the built of a public-private newco that would build and...
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, […]
