The industry should grow at a rate between 3% and 4%, which isn’t stagnation, but it is less than what it thought it would be and was budgeted. The fashion industry is concerned for 2020. According to The State of Fashion 2020, the report crafted by the collaboration of McKinsey & Co. and Business of […]
Antonio Belloni, LVMH general manager, explains the Tiffany operation: a jewel (it is appropriate to call it so) of the high-end that suits the French conglomerate. But not only. In an interview with La Repubblica, Belloni explains why LVMH believes in furs and made in Italy. Why Tiffany “It is part of those few luxury...
The time horizon is not decisive. What matters is that, in the last few seasons, luxury has thrown itself into a billion-dollar challenge. We are talking a lot of billions. The challenge is (apparently) to those who acquire more. The last LVMH operation, in this sense, is an explosive icing on the cake. Not only […]
A leather takeover of the sneaker. In the spotlight, we find its famous, and, for the first one, inedited, collaborations. The former, between Prada and Adidas, while the latter between Supreme and Nike. Both cases see leather as the protagonist. Prada and Adidas The collaboration debut is represented by the Prada Superstar model. It is […]
Triumphantly entering the no fur world is easy. It just needs a press release. However, they must be careful. Because short circuits are just around the corner, as are debacles and controversies. For example, House of Fraser had forgotten to be fur free. Meaning? The chain of British department stores has adopted the policy of […]
Boxmark decided to close down its Slovenian plant. Boxmark Leather manufactures leather seats for the automotive, aviation and boating industries, as well as being a third-party manufacturer for others. The company has allegedly announced that, within the first few months of 2020, it will interrupt its production operation in the Murska Sobota site. Shut Down […]
USHSLA launches a creative challenge in Beijing. “Young designers, promote true American leather” could, in fact, be the synthesis of the US Hide project, Skin and Leather Association that involves students from 7 Chinese fashion schools. The Real Leather Stay Different contest calls on them. What is it? Real Leather Stay Different is a design […]
Marfrig moves on National Beef. After the BRF acquisition was unsuccessful, Brazil-based giant Marfrig, leader in the meat industry, decided to focus elsewhere. For example, on National Beef Meatpacking Company, through one of its subsidiary NBM US Holdings. According to international media, Marfrig has allegedly found an agreement with Jefferies Financial Group for the purchase […]
The meat segment takes off, while the leather one slows down. Light and darkness for Danish Crown, among the top European players in the meat industry, which presented its financial results for the year 2018/2019. Overall, the results were positive, with revenue growing by 21% to reach 3.3 billion euro. The same can’t be said […]
Lanvin tries to accelerate its accessories’ business. “I want them to be worth 50% of total revenue before the end of the third year from now”, stated Jean-Philippe Hecquet, CEO of Lanvin. And Italy, of course, could be one of the beneficiaries. The (current) accessories’ web The French brand has been a part of Chinese […]
Someone save Tila March. The French brand of shoes, leather goods and accessories for women is in controlled administration, and is looking for an investor. Or, in the most drastic case, a buyer. Delay and strategic error? Tila March was founded in 2006 by Tamara Taichman and Nicolas Berdugo. The business starts off big, thanks […]
And here is Lineapelle in the chair at Polimoda. The series of seminars will begin on November 22nd, bringing the students of the Florentine academy to know the tanning process, the characteristics of the materials and the legal, chemical and stylistic issues that concern their production. A full tanning semester, together with the progress of […]
“It is a luxury material, which is part of our nature, for which great respect is nourished. Artists, I think of Damian Ortega, Gualtiero Redivo, Jannis Kounellis, have always made great use of it”. According to Vincenzo De Cotiis, leather for design is a noble material. For its story, cycle and finishes (as he explained...
The challenge is on. And it moves on more fronts, all of which have a shared objective. To communicate and promote leather at 360-degrees everywhere in the world. It’s needed, and it’s urgent. The need is clearly visible in the current and in-progress campaigns, such as the one launched by Leather Naturally. Metcha Letaher Naturally […]
“We are a Consortium that speaks”. Communication is the heart of Consorzio Vera Pelle Italiana Conciata al Vegetale (Vegetable Tanned Leather, ndr). President Simone Remi recalled this during the evening celebrating the first 25 years of activity. The event took place last Thursday (21 November) at CasaConcia, in Ponte a Egola. Attendance Summing up this […]
Confindustria indicates the friends and enemies of Made in Italy. Free trade agreements are among the resources that enhance the export potential of “Bello e Ben Fatto” (BFF – ed. “Beautiful and Well Done”). Counterfeiting and Italian sounding, on the other hand, among the phenomena that are limiting its potential. The picture emerges from the […]
Chinese media are calling the one taken down between Shanghai and Dubai, the largest criminal counterfeiting organization in the world. 57 people arrested. 18 plants closed down. Over 21,000 counterfeited “luxury” products confiscated in Dubai and 7,000 in Shanghai. The USD value of the seized goods is exorbitant: 254 million. The fake products, for the […]
Business leather, Italian and excellent. Nuti Ivo is among the 30 Italian Fashion Champions. In general, there are 18 SMEs producing and reselling leather products that stand out in the report made by L’Economia, the insert of Corriere della Sera, and Italy Post, result of the analysis of the 2012-2018 financial statements of small and […]
The initiative is called Italian Technology Award. Born thanks to Federmacchine and ITA-ICE Agency. For three years, it has involved ASSOMAC (National Association of Footwear Technology, Leather Goods and Tannery Manufacturers) too. Objective: spread the excellence of Italian technology. How? By involving and rewarding foreign university students. Those selected by ASSOMAC came from Iran and […]
“Strategically logic”. The words chosen by manager Rainier van Roessel to describe Lanxess’ new divestiture. The German giant, active in the chemicals’ segment, announced it sold 74% of ownership of its South African chromium mine to Clover Alloys Proprietary Limited, a local supplier of chromium-based minerals. In other words, Lanxess is continuing on its announced […]
