It is not said that breaking through China is a prerogative of fashion giants. Here is how Senreve, a small US brand of leather goods with production and materials, both made in Italy, including leather, did it. Not just quality, aesthetics, transparency and price. Senreve studied the People’s Republic for two years, before approaching it […]
Moreau Paris packs. Onward sold it to the Tuscan Factory, the company that owns the brand DROMe. The Japanese holding company Onward thus continues in the process of dismembering its fashion business. First it sold Onward Luxury Group, its Italian “arm”. And now, while looking for a buyer for Jil Sander, it concluded the sale […]
The new owner explains the successes, strategies and future of P448. The sneaker brand that for a few months now has been controlled by StreetTrend, an American company led by Wayne Kulkin (pictured), who has already been Stuart Weitzman ’s CEO for 25 years. StreetTrend owns, in addition to P448, the brand PS821 and has […]
Restyling taking place for Tanneries du Puy. Hermès Cuirs Précieux, the tanning division of Hermès that controls the French tannery will close in 2021 the substantial reorganization project that started in 2018. Restyling taking place As reported by leprogres.fr, the structure that hosts Tanneries du Puy has been undergoing, for 2 years, a physical restructuring […]
Curtiembres Fonseca is under a new ownership. A group of Argentinian investors acquired the company, which is the main one in the country. The new board is already operational. Curtiembres Fonseca is under a new ownership As reported by cueroamericano.info, the now ex-owner communicated that the company’s stocks have been sold to a group of […]
In 2020, in China, bag sales have been considerably increasing by 70 to 80%. Together with jewellery, leather goods are, among luxury goods, the sector which most enjoyed a boost throughout the year, deeply hit by coronavirus outbreak and the pandemic. According to a joint report, provided by Bain and Tmall, China’s luxury goods market […]
Two digital stores on Tmall. In addition, they have definitively made up with Alibaba group. Gucci announced they have signed a deal with the Chinese e-tailer. From December 21st, Kering group’s fashion brand will launch its first flagship store on the platform Luxury Pavilion. Here they will supply a vast audience, composed of around 750 […]
To pursue the line of sustainability and effectively implement a more and more circular economy model. On top of that, to consider 2020 as an extremely disruptive year which, right because of this reason, has urged (and will keep urging) tanneries to set a structurally evolutive approach. This is the only way tanneries will manage […]
Leather and finance are still in the spotlight in the very last part of 2020. In fact, in addition to several tanning deals, which took place throughout the year, one more has been carried out by Vesta Corporation, based in Ponte a Egola. The Tuscan tannery has sold off its 70% majority shareholding to Bravo […]
Frasers Group have announced they are not going to make a takeover bid, in the next six months, to buy out Mulberry. In the meantime, the British leather goods brand faces loss as 15 million pounds have gone up in smoke at the Stock Exchange market. In the next six months Frasers’ takeover to control […]
CRV hits hard Mon Purse. The Australian leather goods brand has been wound up. Quite a serious blow indeed for the young business whose suppliers, as highlighted on the company’s website, are also, among others, some Italian tanneries. Achieving success very quickly Mon Purse was first established in 2014, as a start-up company, by Lana […]
With a share of 6.9%, leather is in second place in the ranking of the most used materials by brands for spring-summer 2021 collections. This is supported by the analysis conducted by Tagwalk on behalf of the European Confederation of Linen and Hemp. The ranking of leather and other materials is, first of all, deduced […]
2020 forced luxury to revise some of its codes, we know all about it. But now that the year of the great pandemic is winding down, Dior and YSL mark the first turnaround. It is true that Coronavirus imposes a certain gravitas, that is, a certain composure. But, each presenting their own collection, Maria Grazia […]
Remo Ruffini is very open: he evaluated whether selling Moncler and got in contact with some investors. When the interviewer points out there were rumors of talks with other groups such as Kering, Burberry and Ferragamo, the entrepreneur admits he “got in touch with numerous people”. Moncler was at a crossroad, as it had 2 […]
An evolved vision for tanneries, with regards to production, management and sustainability, 360-degrees. These are the summarized directives along which Italy’s leather industry should travel, according to Fabrizio Masoni, founder and owner of Masoni Industria Conciaria (Santa Croce Sull’Arno). Mr. Masoni became general director of UNIC – Italian Tanneries (association that is part of Confindustria […]
The list is long and varied, because in recent years UNIC – Italian Tanneries has spent a lot of time defending leather. There are fashion houses, of all segments and specialisations, from Armani to OVS, passing through Calzedonia. Then, there are e-commerce channels, such as YNAP and Amazon UE, and online and traditional newspapers, such […]
“100%-digital edition”. This is the announcement that appears on Première Vision website (in the photo, a screenshot). In other words, the organisers of the Parisian show (which brings together yarns, fabrics, leather, design, accessories) explain that the next edition in an exclusively digital format will be held in February (15-19), 2021. So, no longer a […]
Brazil’s leather segment sees the light in November 2020. A month in which sales of raw material showed a further increment compared to the previous month. But the improvement also shows when comparing the same month of 2019 to that of 2020. What emerges is, inevitably, a contraction for the total of the first 11 […]
Exor together with Hermès: quite an unexpected partnership. The Agnelli family’s holding company has invested 80 million euros to take over the majority shareholding of Shang Xia, which was co-established right by the French business partner. Exor makes therefore its debut in the fashion industry by carrying out an investment in Chinese luxury. Hermès will […]
The Hermès Birkin. The Louis Vuitton x Supreme trunk. Michael Jordan‘s first shoes. For Sotheby’s to be having auctions, often going for important figures, leather garments and accessories is nothing new. So, the launch of the Buy Now online platform might seem like a simple set-up: a place to concentrate the sales that were once […]
