Le Tanneur, a French brand specialized in the manufacturing of high-end leather goods accessories, has been boosting sales. Nevertheless, losses have been going up as well. The first six months of 2019 turned out to be discrepant for the brand, whose overall turnover reached 30.94 million euros, therefore increasing by +14.3% on annual basis. Yet, […]
SMCP have been growing in double figures, despite Hong Kong, thanks to bags and shoes. In fact, in the third quarter, the revenues of the holding company, which is in control over Sandro, Maje and Claudie Pierlot brands, reached 274.5 million euros (that is, +9% at fixed rates of currency exchange). “Our company achieved a […]
LVMH offers 14.5 billion USD to buy Tiffany. If the sale was to be approved, it would be the largest acquisition in the history of the French conglomerate. On the other hand, as for now, rumors say that an American dismissal of the proposal is “very likely”. The reason? The offer is too low: “Arnault […]
Small leather goods are beautiful, especially because they are modular. The latest trends in bags see the recovery of small, sometimes very small, bags’ dimensions by luxury brands’ designers. And the month of October, between capsule collections, pre-sales online or in selected boutiques, is an example of how we are already beyond the re-launch of […]
All in leather, all of very high quality, all otherwise destined to the landfill. These are the three characteristics of Bandit Manchot products, the small leather goods brand founded in 2010 by French entrepreneurs Marie-Laure Biscond, Marie-Christine Frison and Anne Duquesnoy. “I joined the family leather-goods business, for which my two future partners worked as […]
Recuperating small leather pieces from other tanning process and guaranteeing a salary to those that would otherwise being at risk of not having one. This is that the win-win model of Jarret Schalff, young entrepreneur out of Detroit, created when he opened his business names Pingree Detroit. Schalff saw a side of its neighborhood that […]
Connolly Leather Tanners & Curriers is (definitively) back on the market. The British tannery, founded in 1878 by brothers John Joseph and Samuel Frederick Connolly, participated in the 36th edition of Vintage Cars and Motorcycles, held in Padua from Thursday 24th to Sunday 27th October. Connolly was an exhibitor at the fair, welcoming the invitation...
The import of raw hides, semi-finished and finished leather in Japan during the first 7 months of 2019 has lost about 18.6% of its value. The result was reported even after JEFTA came into play, which is the trade agreement between Japan and the European Union that will bring, in 10 years, to the full elimination of any barrier between the two area. During […]
French tannery Rémy Carriat, founded in Espelette in 1927, received an important acknowledgement from the Ministry of Economy and Finance of Paris. It is a sort of a “brand”. It’s called “Entreprise du Patrimoine Vivant” (EPV). The acknowledgement, established in 2005, identifies French companies “that stand out for the excellence of their productions and work […]
Kering may well rejoice in the accomplishments achieved by Saint Laurent and, most of all, by Bottega Veneta. Likewise, the group praises Balenciaga and Alexander McQueen rewarding performance. They can therefore offset Gucci “slowdown”, that is, not such an outstanding boost. In addition, they could cope with Hong Kong problems. This is briefly the last […]
A vast majority of luxury and retail top players had formerly joined it. Last August, when they presented the Fashion Pact, signatories amounted to 32. Yet, now Mr François-Henri Pinault, president and chief executive officer of Kering group, as well as promoter of the project, endorsed by French President, may well rejoice. In fact, 24 […]
They are the leaders of the two largest groups in the luxury industry, namely Kering and LVMH. They compete, with Gucci and Louis Vuitton respectively, to be the richest and most coveted fashion brand in the world. They autonomously carry out their projects and initiatives about sustainability. Furthermore, they also manage, on their own, their […]
A new financial deal has been involving again Italy’s leather-tanning industry. Both main players, engaged in the business transaction, come from Bassano Del Grappa. One of them is Zonta, a historic tannery working in Veneto’s manufacturing context; the other one is the Fietta family, well known for their notarial activity. The press release Just a […]
We are talking about the Orthopascha, an ancient manuscript that enshrines about five centuries of history. The essay was directed at Pope Julius II (1503-1513) to convince him to implement the reform of Julian calendar. The book, embellished with miniatures and decorations, mostly made of parchment and leather, needs immediate restoration. That is why UNIC-Italian […]
The intention of transforming a world lies behind a simple change of an adjective. Now, in fact, synthetic materials that copy leather have stopped using their “fake leather” denomination. In other words, now they have stopped, from a nominal point of view at least, running after leather value. Let us speak frankly: all of a […]
“I am going to provide Mexican manufacturers of leather shoes with full support. I pledge to work hard in order to keep in effect current duties on footwear imports. We shall close ranks”. While addressing the audience at the Poliforum Leòn auditorium, in Guanajuato, Governor Diego Sinhue Rodrìguez Vallejo pledged his support to leather industry […]
Ancuta Sarca’s circular project, starting from Nike Comfort or elegance? Heel shoes or sneakers? Some of the young fashion designers are striving to find a compromise, while playing with shapes and tints and readjusting leather upper shoes. They primarily look for circularity, not just as to research for materials. We shall find out, next spring, […]
Is luxury overcoming Hong Kong crisis? We wonder about it right after reading data about Hermès quarterly performance, recently made public by the group. In fact, for the records, sales carried out by the French fashion house increased by 18.2% at current rates of exchange and by 15% at fixed rates of exchange. No wonder, […]
Criticisms: open or veiled. Positions taken in favour. Detailed analysis of the pros and cons for both parties. The opening of the new Louis Vuitton factory in Texas triggered some debate. Inevitably, US President Donald Trump cut the ribbon. On the one hand, Bernard Arnault and Michael Burke, respectively president of the LVMH group and […]
A testimony from who works in the luxury retail segment of Hong Kong daily doesn’t leave any room for interpretation. “There is no short-term solution in sight. Suicides are increasing, along with Visas’ requests from those that want to relocate abroad. Brands are no longer asking themselves whether to close down or not, but rather...
