A new financial deal has been engaging Italian leather industry and French high-end luxury. In fact, LVMH have joined Masoni Industria Conciaria’s capital assets. LVMH Métiers d’Art have bought out a minority share of the tannery based in Santa Croce sull’ Arno. They formally signed the agreement on Thursday 19 December. This is one more […]
Fashion is changing, alongside fashion interpretation; likewise, players are about to modify the way they select leather. Liz Alessi, Coach Deputy President in charge of the Materials Development unit, illustrates the current sense of leather, while dealing with the market, which focuses on processes, performance and fashion as well. He also points out that the […]
“I shall be a golden boy as long as I manage to compete with Gucci”. Such is the comment made by Hussain Sajwani, 63 years old, president of Damac: his company has recently acquired Roberto Cavalli’s brand. While raising the stakes, they formally made a public announcement: “I might build up a new skyscraper. That […]
Nike have been flying high in the quarter, namely the second one of 2019-2020 business year, as revenues reached 10.33 billion US dollars. They therefore increased by +10.2% on annual basis. For the records, such outstanding growth has gone beyond financial analysts’ expectations, which were about 10.09 billion dollars (data provided by IBES for Refinitiv). […]
The winner (first prize) is Alessandra Orengo, who created a Tavolino (a small table), left in the picture, a geometric pattern made of metal, glass and leather insets. The runner-up is Manolo Grazioli, who created a Tavolino Rubik (a Rubik small table), in the picture in the middle, a challenging brainteaser that firmly rests upon […]
In 1846, a group of European travellers discovered it in a cave located in Manfalout, in central Egypt, along the banks of the river Nile. In the same cave, they found some mummified corpses of human beings and animals, among which a few crocodiles as well: in ancient times, in Egypt they used to idolize...
Focus on the present and the future of leather, illustrated by technology developers and manufacturers. More specifically, an Italian industry top player gave us the big picture. We met and asked him to tell us about the evolution of technology supply throughout 2019; we also asked him what might happen in the first months of...
L’Officina – Chimica in Movimento has scored one more goal. The company, based in Solofra, specialized in the manufacturing and marketing of chemicals for tanning, presented Air Leather, which is inflatable leather. Inflatable leather To begin with, sheep and goat leather (made in Solofra) undergoes a tanning process that makes it very elastic. L’Officina is […]
Customs duties on export are hindering Zambia’s crocodiles farming. The Zambian Crocodile Farmers Association sounded the alarm. According to a press release, made public by the association, the 10% duty imposed on exports of crocodile hides has brought to a remarkable downturn in sales. Consequently, around 1.3 million hides are supposedly stockpiled in the refrigerating […]
Forecasts tell us that H&M will close the current year with a 6% growth. The Swedish fast fashion giant has been fighting with Spanish Inditex for many years to become the number one in the segment. 2019’s sales were positive, as while the company’s income statement will be released this coming January 30th, H&M communicated […]
The gateway to luxury. In a nutshell, this can be the definition of an It Bag. Over the years, many have tried to explain in a few words what it represents for brands, and which function, this particular accessory, has. But it is not an easy task. A totem Some years ago, as recalled by […]
There are many reasons why their price increases (considerably) year after year. Therefore, asking why bags cost so much, is the French newspaper Le Figaro. Who seeks answers by interviewing Audrey Depraeter-Montacel, Managing Director of Accenture’s Fashion & Luxury France division. Doubled in ten years As Depraeter-Montacel points out, the price “has doubled in ten […]
There are those saying no, in Louisiana. The association responsible for the related activities has presented an appeal against the California ban on exotic leather. “It goes against federal laws”, the agency believes. Additionally, this entity is the same regulating the preservation of large reptiles. The segment is requesting the ban to be suspended, pending […]
If designers say no, if brands are pulled back, the wave goes back up the chain and gets to hit breeders and gatherers. They sure know something about it in Canada, where a fur on the rocks is given protection, and trusts (at least) in the light at the end of the tunnel. The time […]
Leather to grow. Uganda wants to invest in the leather chain. The country’s president, Yoweri Museveni, announced on December 12th, the plan to create a new tannery in Kawumu. The goal: to change the fact that the country is, as of now, only exporting raw hides to its clients, among which is also Italy. Too […]
Bodices, belts, trousers. And then, boots, shoes and bags. Leather plays a fundamental role in Dior‘s Pre-Fall 2020 designed by Maria Grazia Chiuri. The collection was presented to the press in the showroom in Paris. An encounter and a clash. Between? The Italian and French visions of fashion, which the designer of the brand says […]
The Leather Manufacturers section of the Leather Working Group collects a total 539 tanneries from across the world. These tanneries are the ones that have started the procedure to face, reads the LWG site, “the environmental audit protocol”, which in its “original form has been developed by brands and tanneries, with the assistance of non-for […]
The winner’s palm goes to the group of Federico Renai, Melissa Patriarchi, Jong Hoon Kim and Beatrice Fantuzzi. Lineapelle rewards Polimoda students who have put themselves to the test of the Lineapelle Merchandising Collection competition. With Your Steps To Success project the students imagined useful objects for successful people. On the other hand, there are […]
The last decree by Argentina’s president, Mauricio Macri, had to do with the leather industry. On Monday, December 10th, the Head of States signed decree 847. The document brings duties on raw material for the tanning industry to a lower percentage. But not all raw material: the liberalization has to do only with a quota […]
Brands believe in it more. Consumers want more. Designers draw more. The bag’s boom is no accident. If leather goods has become the most interesting item of revenue for brands. If it is the most performing segment (at least in terms of percentage change) of Italian industry. If the educational offer of fashion academies on […]
