Expansion into the digital world, the opening of new boutiques, colourful bags that you carry hands free. LVMH relaunches Moynat with precise distribution and style strategies. But the focal point is certainly craftsmanship, which according to Sidney Toledano is “the heart of Moynat”. LVMH relaunches Moynat Moynat was founded in 1849, anticipating Louis Vuitton by […]
The Agnelli family, through financial company Exor, invests (again) in luxury. And in leather. After spending 80 million euros to secure control of Shang Xia, a Chinese brand owned by Hermès, they invested another 541 million euros to buy 24% of Christian Louboutin. Two important operations in just three months that suggest that there may […]
At some point of the debate, the question becomes very direct: is it ethical to use exotic leather in fashion? The answer is yes. It is, according to the scientists currently working on preserving animal species. It is, according to LVMH and Richemont. Cathelijne Klomp and Matthew Kilgarriff, respectively manager of the Environment Development Department […]
Resist and restart. These are the watchwords of the speech by the president of Assocalzaturifici Siro Badon, at the inauguration of Micam Milano Digital Show. The virtual fair opened on Monday, March 8. In 2020, the pandemic burned a fourth of the strength of the Italian footwear industry. The trend is not changing in the […]
“Luciano Padovan is leather”. Designer Mario Dice (right in the photo) is quite certain in defining which material will guide the rebirth of the historic footwear brand. In terms of strategy, however, there is the vision of Giorgio Innocenti (left in the photo), CEO of LP Group (a company controlled by Innocenti Group), who speaks...
Melina C’s key to success is simple: Leather and Italian manufacturing. “There is a unique know-how in Italy, as well as a secular tradition, ability to work leather and the passage of knowledge from one generation to another”, says the founder of brand Melina C, Melina Cervesato, Belgian with descendants from Friuli Venezia Giulia. Leather […]
Picard is no longer insolvent and is back in the running. The German leather goods’ maker finished the self-administration period conceded by the District Court of Offenbach. The extraordinary management, requested in May of 2020, was useful for protecting itself from creditors. Back in the running Due to the pandemic and missed revenue (specifically from […]
“A Birkin bag? It’s a handbag, a piece of art, and an investment all rolled into one”. That’s the statement given by Caroline Bui, founder and owner of The Birkin Fairy, a second-hand retail platform focused on Hermès’ accessories. From 2014 to now, she sold used Birkin bags for a total value of almost 2 […]
Hermès is still a great saddlery. The maison is, among the large ones, the only one that still produces riding clothing and accessories. And at 23 Rue Boissy d’Anglas, in Paris, Laurent Goblet takes 25 to 35 hours to make a saddle by hand. Starting from the project, he creates measures and shapes according to […]
German fairs: who gives up and who go online. Essenz, scheduled for March 28-30 in Munich, has been canceled. Its sister fair, Moda Made in Italy, which is always held in the Bavarian capital, had not even been planned. ILM goes digital. Gallery Shoes & Fashion remains confirmed: it will be held in attendance from […]
They do not offer the same resistance to breaking and tearing, nor the same permeability to water vapour, much less the same capacity to absorb water vapour. Whatever manufacturers say, eco-friendly alternatives are no better than leather. And, on balance, they are not even that much eco: because often the materials are composed, in whole […]
By registry, this is the edition that gets it to legal age. UNIC – Italian Tanneries presented to the public yesterday (digitally), the new Sustainability Report of the national tanning industry. The document has been crafted and published for 18 years now and is, in this version, also available for download. All the sustainable practices […]
The period was “very differentiated, based on the leather segment”. Which is “fairly logical”, given the daily criticalities that are present every day and that, in 2020, caused overall revenue to drop by 26% of its value. Then there is the need to continue improving on its sustainability excellency. Finding new ways to communicate to […]
2020 wasn’t a good year for tanneries in Spain and France: (almost) all indicators of imports and exports were negative. And it couldn’t be otherwise: Covid-19 had a negative impact on both countries (just as it did in Italy). When looking at the data, it is challenging to find the plus sign anywhere: one of […]
An opportunity to meet to the nth degree. Digital, inevitably. But which stands as a prelude to a hoped-for return to the physical shows. Lineapelle launches “Meet & Match. A Virtual Show”, a digital event that will go online on March 23 and 24. But it also has other news to announce. The first is […]
“Forget shares, just get a Hermès bag”. That’s the title chosen by The Times, and it’s not for nothing. The accessories made by the French luxury brand in 2020 grew in value by 17%: more than any other luxury item and stock market indexes. The number was provided by the Wealth Report 2021 by real […]
Unawareness and independence. “We didn’t know we were doing luxury. We do things well, in our own way: in a deeply artisanal way”. These are the words of Enrique Loewe, 80, the fourth generation of the family that founded the homonymous Spanish brand, owned by the LVMH group. A brand that this year is celebrating […]
True, green, accessible luxury. In other words, making bags and accessories using fine leathers destined for the big names in fashion, but which have remained unsold. It is the sustainable project launched by MUTH, the Tuscan brand born during the pandemic from an idea of two brothers: Filippo and Tommaso Grossi (in the photo). We...
Italian leather segment had no chances in 2020: the downfall (caused by Covid-19) of all reference markets was obviously going to damage the performance. In fact, UNIC – Italian tanneries’ economic service recorded revenue drop by 26%, while export decreased 26.9%. During the same period, the segment lost 19.6% in volume (with leather for soles […]
Birkenstock switches to L Catterton. The deal is closed, and the German brand announced it on its website. However, the amount disbursed by Bernard Arnault‘s LVMH-backed private equity firm is not known. The overall valuation of the German company should be around 4 billion euros. Brothers Christian and Alex Birkenstock will keep a minority stake. […]
