“The European Commission’s proposal to amend the EUDR is yet another profound disappointment that we must endure from Brussels”. Fabrizio Nuti, president of UNIC – Italian Tanneries, makes no attempt to hide his frustration at the Commission’s U-turn on the anti-deforestation regulation: the assurances of a postponement and simplification have been entirely disregarded. “The Commission […]
Markets, creativity, pricing, through to acquisitions made (Versace) or imagined (Armani). In the conference call following the publication of the quarterly report (+6% in revenues), CEO Andrea Guerra (in photo) unveiled the strategies of Prada group, and pointed out how both Prada and Miu Miu have accelerated in terms of leather goods offering. Prada Group’s […]
In the third quarter of 2025, Kering improves, Gucci stops the bleeding, and the stock market believes even more in the turnaround, partly because other drastic decisions to reduce debt will come, such as closing stores, refinancing and selling real estate, and eliminating non-core assets. COO Jean-Marc Duplaix used the expression “there are no sacred...
With the quarterly reports of Ferragamo, Zegna and Piquadro, some companies are once again smiling. Because the three Italian brands managed to reach the “plus” sign despite a very difficult environment. Who is smiling? Ferragamo for sure Salvatore Ferragamo ended the third quarter with a revenue of 221 million euro, +1.7% at constant exchange rates...
“We’ve already paid our dues, we’ve already suffered enough. I don’t see 2026 as shrouded in fog — there’s already a glimmer of light since September. It will be a more stable, more positive year, with greater certainty than 2025. There will be a restart”. Matteo Mastrotto, CEO of Rino Mastrotto Group (pictured), has always...
The funding threshold for development programmes proposed by SMEs within the fashion supply chain has been lowered to EUR 1 million. Confindustria Accessori Moda (CAM) welcomes the measure introduced in the SME Bill. However, its president, Giovanna Ceolini (pictured), highlights the urgent issues still awaiting resolution. The association representing the leather supply chain also took […]
January-August 2025: import grows, French leather rethinks itself In January-August 2025, the trade balance for French leather contracts. This is highlighted in Alliance France Cuir’s cyclical note: exports drop by 1 percent for raw hides and skins, while imports grow by 4 percent for finished leathers. A double movement that signals a change in flows, […]
The Commission’s turnaround on the EUDR looks like a Halloween prank. In fact, it’s much worse, because it’s not a joke: it’s the real. With a timing that suggests a very poor sense of reality from Brussels, they first said in September that the anti-deforestation regulation would be implemented in 2027, once it had been […]
Nothing and no one stops Hermès. Not even duties and the super euro. China improves, along with leather goods in the third quarter economic data released by the French luxury house. Analysts applaud, the market not so much. Shares were down after the data release. Nothing and no one stops Hermès Much is always expected […]
Because “the cold, energy-efficient process permanently fixes the powder to hides, transforming industrial waste into UV -, water and abrasion resistant textured surfaces – with high grip and improved mechanical performance”. That’s the reason behind the decision of ADI Design Index 2025, which selected Brutus. This year’s decision allows the Turin-based leather clothing brand, which […]
Investments have already been made, and more are on the way. Business developments in the Asian market are promising. Most importantly, the company is preparing to close its 2025 accounts with growth between +10% and +15%. The synergy with Henan Prosper — the Chinese group that Conceria Ausonia joined through Spain’s Colomer 1792 — has […]
On September 23 European Environment Commissioner, Jessika Roswall, announced a one-year delay in the implementation of the Anti-Deforestation Regulation. On October 21 the Commission contradicted itself: the due diligence obligations under the EUDR will apply to medium-sized and large enterprises as early as December 30 2025, as planned. Only small and micro enterprises will have […]
Thirty-seven years, seventy-six shows, a vision carved in time. Véronique Nichanian, artistic director of Hermès menswear since 1988, has announced that the January collection will be her last. “Now feels like the right time to hand over the baton”, she told Le Figaro. An announcement that marks the end of an era defined by quiet […]
Who goes up and who goes down. China, Italy, Spain and Turkey down, while Portugal and Southeast Asian countries on the rise. This is the dashboard of world footwear according to the latest 2025 data collected by APICCAPS, the Portuguese association of footwear, leather and component manufacturers, association that publishes the World Footwear Yearbook every […]
Obuv Mir Kozhi went better than expected. On 16 October, the three-day footwear and leather goods fair closed its 63rd edition at Pavilion 57 of Moscow’s VDNH exhibition centre. Here’s the assessment of some of the exhibitors attending the event, which hosted more than 80 brands from Italy, Spain, Belarus, Russia, San Marino and France....
Innovation breeds optimism. That’s the anti-crisis recipe of Todesco, a company based in Creazzo, near Vicenza, that specialises in leather finishing systems. Its investments in innovation are yielding the expected results, and the business continues to grow despite its core clients operating in the struggling automotive sector. Yet for Todesco, 2025 is shaping up to...
An acquisition born from the need to manage a generational transition in the best possible way. Dutch leather representative Maasleder, based in Waalwijk, has acquired Van Oosterum Leder, headquartered in Raamsdonksveer. The deal — as explained by Van Oosterum’s CEO, Evert van Oosterum, in an online statement — “secures the future of the family business”. […]
The global leather market is in trouble, and tensions are running through tanneries around the world. This news brings us three cases from the United States and Argentina, where workers are agitating to improve conditions or (more mundanely) to save employment. The tensions running in tanneries Let’s start with those in review but that are […]
The market is appreciative of LVMH’s results: in the aftermath of the release of the quarterly statement, shares of the French giant opened up 14%. The July-September results could represent a turning point for LVMH and the entire luxury sector, but caution is in order, especially after hearing the comments of LVMH’s CFO Cecile Cabanis...
An appointment to talk about business development opportunities between Italy and Paraguay, especially in view of the EU-Mercosur agreement. And, at the same time, to discuss the EUDR, the anti-deforestation regulation that looms as a threat to relations between the two countries (as well as between the European Community and many global suppliers). On Tuesday, […]
