It was the mystery of autumn 2018. On the beaches of Brazil’s northern coast the Atlantic returned “pacotes de couro”. What does it mean? Bathers, even in places far from each other, found packs of stocked leather hides on the shoreline, in a state of deterioration such as to suggest a long stay in the […]
Dealing with suspended orders and outstanding debts. That is why Bangladesh leather tanning industry is in serious trouble. Since markets are stuck, several companies are stockpiling raw hides and skins in their warehouses. Furthermore, because of missed sales local entrepreneurs cannot manage to settle accounts with banks. Such short circuit might heavily jeopardize a relevant […]
The Savar CETP is about to “turn” 15 years old. For the records, it is not running at full speed yet. The sewage treatment plant was supposed to revamp tanneries in Bangladesh. Conversely, it has undermined a number of companies. In other words, many of them had to carry out a few considerable investments while […]
Italian leather (and not only) says goodbye to Valter Ceccatelli, president and CEO of Tuscan tanning group Incas (Iniziative Conciarie Associate). Ceccatelli was 63 years old and, as the company points out in a note, “he has led Incas from 1996 to today, personally accompanying its development and organisation, and died due to the sudden […]
Jabouley continues to focus on leather. The French textiles’ group headquartered in Saint-Étienne decided to open a 2nd leather goods production site: Maroquinerie des Pierres Dorées. Adelry.fr, the Agency for the economic development of the Lyon region broke the news first. The Jabouley group has made the decision to open a second site after the […]
Introducing robot in the factory to halve shoe costs. That’s what Bengali experts said in an online workshop of National Robotic Strategy. According to experts, to compete on the international market the average cost of a finished product must be less than 0.75 dollars, compared to the current 1.5 dollars. A goal that can be...
A new agreement with the USA and the request to impose new duties on Chinese products. India’s leather and chemicals’ industries are trying to protect their interests during the Covid-19 crisis. To do so, they have decided to side with the United States in the trade war with China. On one end, tanners, leather goods […]
Looking for the go ahead for double shifts. That’s the request made by Pakistan manufacturers of leather clothing to the government, as such businesses aren’t allowed to implement them nor can they work on Saturdays. The government decided to introduce these measures to contain the spreading of Covid-19, but entrepreneurs see a crisis coming and […]
Rino Mastrotto Group buys Nuova Osba. The operation allows RMG, already leader in the supply of leather for the automotive segment, furniture and fashion, to further enrich its offering with the calf and half leather that Nuova Osba makes for footwear and leather goods. The two companies already confirmed they reached a final agreement during yesterday’s afternoon, […]
At the beginning of April, SMCP made such decision for the three brands they control, namely Sandro, Maje and Claudie Pierlot. One month later, Mulberry and Brooks Brothers decided to act likewise. In other words, both in the middle of the pandemic, caused by Coronavirus, and when the world, however, was still in a precarious...
Ten people, including, among others, 7 former Hermès employees, have appeared in court as they have been accused of making and selling some fake Birkin bags. Contested events date back to 2013 and 2014. Prosecutors started investigations, which also concern Italy, after searching the apartment of a man suspected of selling, in Asia, some bags […]
Paris Fashion Week, on the agenda in September, will take place as per schedule. The French capital city is gearing up to host traditional fashion shows and, at the same time, digital oriented events. Fashion week will begin in Paris, the Ville Lumière, on September 28th and will end on October 6th. The French Fashion […]
If you search, on stockx.com, for AJ1 OG Dior, you will see that bids already get close to 20,000 euros. By the way, their worth might keep going up. What is odd with that? Well, the thing is that the model is not for sale yet. Besides that, for example, still we do not know […]
Nike negatively surprise. In the last financial quarter of the year, ended on 31st May 2020, the group, headquartered in Oregon, went through an unexpected decline, which turns out to be the first one over more than two years. Figures are much below estimates. At the end of the business year, Nike revenues amounted to […]
Leather handbags (made in Italy ones as well, of course) are in the list of European imports that could fall victim to the USA – EU trade war. The Trump administration is allegedly ready to impose these new duties starting from mid-August. The decision is said to be the outcome of a disagreement that has […]
ILM has been confirmed. The leather goods German fair will take place, as per schedule, in Offenbach, on September 5-7. They have also announced 2021 dates: the exhibition event will be on the agenda at the beginning of March and September. “It is a fixed date. There is no need to postpone ILM until the […]
Please look carefully at these leather sandals, in the picture: in your opinion, how old are they? Well, amazingly they are 3,500 years old. Time kept them intact in an Egyptian sarcophagus until the present day. They are undoubtedly an amazing attestation of style and evidence, most of all, “leather material” durability. Just for the […]
It’s a way to react to “the situation of socioeconomic instability caused by the health emergency”. How? “Putting in play all of its creativity and renewed commitment to sustainability and innovation of the companies” part of the Italian fashion chain and lifestyle. Lineapelle is going to take place Tuesday, 22nd and Wednesday 23rd September 2020 […]
A great divide. Dramatic, historic and inevitable. So, it becomes even more important to interpret and understand, as best as possible, the consequences and evolutions. Luxury’s challenges: that’s what we are talking about, in addition to purchasing trends and the behavior of its consumers. Altagamma analyzes the scenarios in its 7th edition of the Consumer and […]
There are those that have increased them, such as Chanel, Dior and Louis Vuitton. And there are those that lowered them, such as Mulberry and Burberry). Each brands has its reasons, but all have done so according to their commercial strategy for Asia and, specifically China, where they plan to focus their efforts. This trend […]
