Richemont revenue +4% at year-end: leather goods and jewelry drive

Richemont revenue +4% at year-end: leather goods and jewelry drive

Jewelry and fashion drive Richemont’s growth. Alaïa’s leather goods, Peter Millar’s solid performance, and Chloé’s “encouraging performance” are bright spots in the Swiss giant’s annual report. The problem is that the operating result of the fashion brands’ division is negative. Richemont’s chairman Johann Rupert said he wants to avoid sharp price increases because of tariffs. […]

Stati Generali della Pelletteria towards “a system-wide pact”

Stati Generali della Pelletteria towards “a system-wide pact”

“We are here to be concrete”. That’s how journalist Costanza Calabrese began presenting the fifth edition of the Italian Stati Generali della Pelletteria, an event that took place in the morning of May 15, in Florence. “In this historical moment, during which companies in the sector need to be supported by institutions, we are here...

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Illegal labour exploitation, Valentino Bags Lab placed under judicial administration

Illegal labour exploitation, Valentino Bags Lab placed under judicial administration

A new chapter begins. Valentino Bags Lab, a leather handbag and travel accessories company controlled by Valentino, has been placed under judicial administration for one year. According to the Milan Public Prosecutor’s Office, the company is accused of having negligently facilitated the activities of at least two Chinese workshops suspected of illegal labour exploitation. After...

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And in the end, Bally Studio no longer exists: 28 employees made redundant

And in the end, Bally Studio no longer exists: 28 employees made redundant

No rescue came — Bally Studio no longer exists. The 28 redundancy letters have now been delivered, marking the definitive end of attempts to keep alive the company based in Lastra a Signa (Florence), owned by Swiss brand Bally. The decision to close the Florentine operation was among the first moves made by US investment […]

Leather at the forefront of challenges facing young Made in Italy

Leather at the forefront of challenges facing young Made in Italy

The best of young Made in Italy gathered in Milan for Creare Futuro, a forum aiming to establish itself as a recurring event and strategic manifesto. The leather and leather goods supply chain, represented by Leonardo Russo (of the Russo tanning group in Casandrino), Sara Cuccù (Loryblu footwear), and Carlo Briccola (Bric’s), declared itself ready...

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Renaissance Partners and TPG Rise Climate acquire Sicit

Renaissance Partners and TPG Rise Climate acquire Sicit

Sicit has entered a new chapter with a change in ownership. This marks the conclusion of a process initiated last October by the company, which was founded in Chiampo (Vicenza) and specialises in transforming leather industry waste into biostimulants for crops, gypsum retardants, and fats for biofuels. A new phase of development is now beginning. […]

Argentina calls for a Leather Decree, in Mexico problems with raw material

Argentina calls for a Leather Decree, in Mexico problems with raw material

News from Latin America, as Argentina calls for a Leather Decree. A regulation, that is, to regulate the use of terms such as “cuero” and “piel” in trade, so that it may not be maliciously abused by producers of alternative materials. In Mexico, meanwhile, managing raw materials for tanning is becoming a matter of public...

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Forever Young: what a triumph for Italian Leather at Expo 2025 Osaka

Forever Young: what a triumph for Italian Leather at Expo 2025 Osaka

Interest and curiosity. Attention and engagement. What a triumph for Italian leather at Expo 2025 Osaka on the first of the two-day event “Forever Young: Italian leather and the value of time”. Hosted at the Italian pavilion, the event hit the mark straight away. A triumph at Expo 2025 Osaka Presentations, interactive sessions, workshops. Several […]

Here we are at the MET exhibition, where leather tells the story of Black style

Here we are at the MET exhibition, where leather tells the story of Black style

Following the Gala held on 5 May, the annual fashion exhibition opened at the Costume Institute of the Metropolitan Museum of Art in New York. This year’s showcase, entitled “Superfine: Tailoring Black Style”, sets itself an ambitious goal: to explore the phenomenon of dandyism as both an aesthetic and political expression within the African diaspora...

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Inquiry within districts: Tuscany needs a way out

Inquiry within districts: Tuscany needs a way out

Tuscan Depression. Entrepreneurs in the leather goods and footwear supply chain fear that the crisis is only just beginning, as they look for a way out. Costs are rising, quantities being produced are falling, investments made are now weighing. Generational turnover isn’t taking place as hoped, and foreign competition is growing increasingly fierce. The challenges...

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The rebus of the supply chain in Veneto: wait or diversify?

The rebus of the supply chain in Veneto: wait or diversify?

The paradox of the crisis: new investments are needed to challenge it: Shoe factories are evaluating restarting their brands; leather factories must reorganize and structure themselves to meet audits and demands from designer labels. The rebus of the supply chain in Veneto is faced with choices that are not easy to make. But at the...

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Report from the districts: 4,415 jobs lost in the Marche region over six years

Report from the districts: 4,415 jobs lost in the Marche region over six years

Between 2019 and 2024, the Marche region has lost 4,415 jobs across the footwear and leather goods sectors — equating to an 18.5% decline in employment, the highest percentage drop in Italy. In the Marche region, the fashion industry’s ongoing crisis adds to a long list of negative events. Which ones? The earthquake, the collapse […]

The finishing department escapes the fire: Ecco Leather restarts

The finishing department escapes the fire: Ecco Leather restarts

Ecco Leather is back in action. During the night between Sunday 4th and Monday 5th May, a massive fire struck the tannery in Dongen (Netherlands). Initially, there were fears that operations would be halted — a concern also shared by Mayor Hans Slagboom. However, the message received by La Conceria from Ecco Leather offers hope. […]

Chanel made a series of under-the-radar acquisition of French suppliers in 2024

Chanel made a series of under-the-radar acquisition of French suppliers in 2024

Chanel, often keen to highlight its ties to Italian craftsmanship, has quietly carried out a string of small-scale acquisitions of French suppliers—small workshops and manufacturing firms. As Glitz.Paris reports, the brand acted with a certain discretion (a common practice among luxury players), opting not to use its name directly but instead making purchases through affiliated […]

Gucci wins in court: "Prints do not infringe AGFA Patent"

Gucci wins in court: “Prints do not infringe AGFA Patent”

The Hamburg division of the Unified Patent Court has ruled in favour of Gucci: following a legal dispute that began in 2022, the court has found that the leather prints on accessories from the Pikarar collection (pictured) do not infringe AGFA’s patent. However, the court did not uphold the Kering Group brand’s request to annul...

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Rino Mastrotto presents HEART: "Same quality, lower impact"

Rino Mastrotto presents HEARTH: “Same quality, lower impact”

Rino Mastrotto presents HEARTH. The group based in Trissino (Vicenza, Italy) showcased on May 8, in Florence, the patent for a tanning process that brings a 91% reduction in water consumption, along with a 23% decrease in use of chemicals in re-tanning, dyeing and fattening. Rino Mastrotto, who developed HEARTH (applicable to more than 200...

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Foglizzo: 2 million-bond for a new production site

Foglizzo: 2 million-bond for a new production site

A 2 million-bond to grow, issued by Turin-based Foglizzo Leather, which will use the sum to build a new production site in Piedmont. Production capacity: 1 million square meters of leather. “Foglizzo is entering a very important new phase, involving organizational, production and strategic adjustments”, say Paolo and Marco Foglizzo co-CEOs of Foglizzo Leather. The […]

Conceria Pasubio scores a double acquisition: buys Conceria Antiba and SK!N

Conceria Pasubio scores a double acquisition: buys Conceria Antiba and SK!N

Conceria Pasubio has completed two acquisitions in Tuscany, acquiring 100% of both Conceria Antiba and SK!N. The Veneto-based group, which has been owned by French private equity firm PAI Partners since 2021, finalised the deals on 17 April and this past February, respectively. According to BeBeez, which broke the news, the acquisition of Conceria Antiba […]

The council evicts Vitelco – then acts surprised: “You're leaving?”

The council evicts Vitelco, then acts surprised: “You’re leaving?”

The crocodile tears of the Oost Gelre municipal council (Netherlands) are rather amusing. First, it evicts Vitelco Leather from its Lichtenvoorde site after a lengthy legal dispute. Then, upon learning that the leather group has no intention of reinvesting in the area, it reacts with surprise: “Really? But what about the workers?” Oost Gelre council […]