The price of raw material has gone down by 30% from last year. Bangladesh’s government decided, on Sunday 26th, has fixed the price of raw material obtained during its “Sacrificing Feast” (July 30th – August 3rd). Good news for tanners, as they wouldn’t have otherwise been able to buy it due to the serious financial […]
Back to roots. Focus on a creative director and a fashion brand, Dior, which, as remarked by analysts, found its way to stand up against the pandemic. Therefore suffering from its effects to a limited extent. However, claimed Chief Executive Officer Pietro Beccari, while talking to WWD, “I do not want to compare Dior with […]
Il Sole 24 Ore has made public the scoop. Focus on Valextra. In fact, the corporate arrangement of the leather goods brand is about to change shortly. Neo Investment Partners, a private equity fund, has been holding 60% of the company’s shares since 2013: they are about to leave ownership now. Several candidates are gearing […]
Mr Bags keeps achieving resounding success. What is his special talent? He promotes luxury leather bags in China and he succeeds in selling lots and lots of them in a very short while. The pandemic, caused by Covid-19 outbreak, did not hinder his business: Mr Bags drives Burberry sales. In April, the influencer was able […]
“The pandemic has had an appallingly harmful impact on Chinese leather”, remarked Li Yuzhong (in the picture, first right), president of the Chinese Leather Industry Association (CLIA). He was one of the main characters participating in the webinar arranged by Expo Riva Schuh, on July 22nd: “The Covid Storm: from difficulties to relaunch”. Most important...
Fighting CRV by investing. Onward Luxury Group expect revenues to decrease by 15% throughout 2020. The strategy of the group (which controls a few brands, such as Jil Sander and Joseph, and manages JW Anderson, See by Chloé and Proenza Schouler licenses) aims at increasing the portfolio licenses. The latest one they have very recently […]
Leather car seats rather than Scotch whisky. Scottish Leather Group purchase part of the former Chivas Brothers factory, located in Paisley, Scotland. In the new facility, they will be manufacturing car seats, therefore creating a considerable number of jobs. Just for the records, they had announced their expansion plans slightly less than a year ago, […]
In Bangladesh, they are currently discarding unsold raw hides. Raw material traders have been complaining, for a while, about the difficult situation they are dealing with, as they can hardly sell their own products at a reasonable price. Besides that, in some districts tanneries are in big trouble indeed: consequently, they are not able to […]
Forty-five models in Piazza Duomo. The fashion show was held yesterday, July 22, 2020, in Lecce. Presenting Dior Cruise 2021 collection. The French brand has arrived in Italy for the first time, and in a moment of great rise. This is thanks to LVMH’s significant investments. But also because of its CEO, the Italian Pietro […]
A path, virtuous in purpose and results, which has developed over the years and which is updated on a daily basis. And which is made of technological and process innovation, certifications and personal commitment. Milan Digital Fashion Week dedicates space, in its offer of multimedia contents, to the sustainability of Italian leather. And it does […]
A tanning process that takes all the time necessary to reach the set quality standards. Since Giorgio Armani opened the debate, with the now historic letter to WWD, on slow luxury, the theme is a must in the fashion system. Incas answer with Slow Leather. The production process from Il Veliero division “recovers the slowness […]
Fewer collections and fewer releases for a less bulimic haute couture. It is, in a nutshell, the desire of many. Or at least, the common feeling of those who joined Giorgio Armani in the battle against fast luxury. However, Miuccia Prada turns on an alarm light. “These are important issues, which however imply the end […]
There is movement inside Hermès. On one side the French brand is strengthening its direct control of the supply chain, while on the other it finds itself managing a difficult departure. Bali Barret, creative director of the Women division (footwear and leather goods included), decided to leave. The brand got the go-ahead from Autorité de […]
What is happening to Tunisia’s leather chain while reshoring and crisis take place? Due to Covid-19, “30% of companies in the segment has yet to restart activities”, explains Akram Belhaj, president of Fédération du Cuir et de la Chaussure to La Presse. The “national market struggles, along with that of lower and medium tier footwear....
Boxmark Leather continues to cut jobs. The company that manufactures leather for auto seats, airplanes and boats, is also active as a contractor. Headquartered in Austria, it has many sites in Europe and around the world, one of which is in Slovenia. The company presented a restructuring plan for this location in which it plans […]
Save the crocodiles of Myanmar. To reach this goal the local government announced it will allow the farming of the animals for commercial reasons. The decision will allow entities to control the number of units and safeguarding the species, but it will also support the activities of an historic farm. Saving Myanmar’s crocodiles The Ministry […]
Forecasts for New Zealand’s tanning are good. There have been a great deal acquisitions and sales in New Zealand over the last 2 years. And while at an earlier time companies were trying to get free of the business tied sub-products, they now are a focus for investments. All with the unfair promotion of vegan […]
Lineapelle, which promotes and arranges the event, considers it “not only a sign of vitality and participation, but also a real message of recovery and pragmatism”. We are talking about A New Point Of View. They are currently setting up the organization of the “smart” exhibition event, on the agenda at Fieramilano Rho on 22-23 […]
“Restless”. Fashion is shouting, with Tod’s, Versace and the stars of Milan Fashion Week, with its desire to get back on track, as if the echo of Adriano Pappalardo’s famous song resonated. We have reached the end of Milan Digital Fashion Week, Friday (July 17) the event was closed by the very much awaited Gucci’s […]
“To turn things upside down”. “To bring out the entrails of fashion”. This is Alessandro Michele’s intent. And perhaps it always has been. Five years ago he reinvented Gucci’s style, and they said it was “disruptive”. Friday, July 17, 2020, in the post-pandemic era that need to be redefined, as well as at the end […]
