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, […]
US duties on shoes from some European countries? Brussels says no, but if they are applied, the EU will answer for everyone. This was explicitly said by the EU leaders, generating transversal satisfaction in the footwear sector. Like Assocalzaturifici, which sees the USA as an important strategic market for Italian production. Brussels says no On...
According to the BUCE (Belarusian Universal Commodity Exchange), Belarusian wet blue exports have created a turnover of 5.5 million USD. Poland proved to be the bet buyer, followed by the UK and Russia, but the semi-finished leather is also of interest to Italy. Belarusian wet blue exports On Tuesday September 14th, BUCE posted the data […]
Expo Riva Schuh and Gardabags smile, with some reservation. The two fairs closed their doors on July 20th after 3 days, during which they hosted 2,700 visitors from 79 countries. Encouraging sings that deal with the changes currently occurring in the manufacturing world. In fact, from the Riva del Garda pavilions appears a trend to...
Bangladesh opts to free wet blue exports. The upcoming celebration of Eid-ul-Adha has led the Asian country to allow, for the first time, the export of semi-finished leather. Yet, only 5 companies will have the authorization to sell, for only 1 year, a limited amount of leather abroad. The segment’s entrepreneurs fear that the decision […]
Some positive signs emerge from the tanning export data from Brazil, US and Spain, which is a good sign given the 16 months of pandemic. But the trend remains “challenging”, because there are other complexities to be taken into account for the period. In some cases, purchases have recovered, but very sporadically. There is no […]
