Luen Thai Holdings, headquartered in Hong Kong, has recently bought out their competitor, Universal Elite Holdings. The deal price was 28 million US dollars. Thanks to such acquisition, they created a new outsourcing giant, manufacturing leather bags and currently hiring 50,000 employees in 7 plants (Luen Thai runs some factories in Cambodia, Myanmar, the Philippines […]
A “slight slowdown”, which had been predicted by financial analysts, occurred. Likewise, analysts were also right about the potential business expansion of LVMH group in the first nine months of the year and during the third financial quarter, whose outcomes, in terms of revenues, were made public yesterday immediately after the closing of the stock […]
The most relevant accomplishment achieved by Stella McCartney is the free employment of synthetic fabrics in the haute couture industry. The bad thing is that now, “18 years later”, “fish have such synthetics inside their belly”. As a matter of fact, the fashion designer, who is very well known for her extremist position against the […]
CNC is the Conseil National du Cuir (the Leather National Council), the French confederation that gathers and represents, in France, “9,400 companies and 130,000 workers, currently employed in the industry of leather, tanning, footwear, leather goods, gloves manufacturing and supply”. The whole business or so. In the past days they made public a report over […]
Players, alongside several factors, made such accomplishment feasible. First and foremost, Italian tanners drove this achievement thanks to their consistent and painstaking commitment. In addition to that, on-the-job safety also hangs on risk assessment tools, training courses addressed at workers, compliance with stricter regulations. Not to mention, as well, the valuable action taken by UNIC […]
That’s a tool that enables tanneries to carry out a self-evaluation about risks in their own manufacturing plants. Such project will help companies detect and pinpoint critical situations and, at the same time, plan appropriate action to work them out. Thanks to this service, stakeholders will be provided with fully detailed information about accomplishments that […]
89.4% of tanneries and social parties, which have been interviewed, consider health and safety in tanneries to be a priority in the industry. The first outcome of “due diligence for healthy workplaces in tanneries”, carried out by Cotance, the European confederation of leather tanning associations, and IndustriALL, a trade union platform (supported by European Union […]
Fifty Colombian businesses, including tanneries and leather manufacturing companies, located in San Benito tanning district, to the South of Bogotá, have been provisionally closed. As reported by local press, the companies, which have undergone the closing measure, were not legally authorized to discharge solid waste and liquid sewage from the plants placed in the district, […]
In the first six months of the year 2018, Brazil’s slaughter has been increasing by 4,3% on annual basis, as 15,4 million cattle units, in total, have been killed. Despite a slowdown (-16%) in May, because of a strike called by shippers, such figure turns out to be higher thanks to simultaneously increasing exports and […]
The meeting is scheduled in Brussels, on October 9. Cotance, the European confederation of leather tanning associations, is going to make public the outcomes of Due Diligence for Healthy Workplaces in the Tanning Industry. They carried out the project from November 2017 till January 2018, in cooperation with IndustriaALL-Europe, while complying with the European Community […]
US leather associations, two of them, are going to join forces for several reasons: many companies are members of both associations, which often strive to achieve the same goals and safeguard common interests, despite their acting from different standpoints in the same industry. Hence LIA (the association of US tanners) and USHSLA (the American association […]
In the first six months of 2018 revenues have been increasing, as leather manufacturers earned fifty million euros more. From January till June, Spanish tanners have been exporting finished leather whose overall incomes amounted to 203,7 million euros, that is, +2,9% compared to 2017 same period. Data are provided, on a regular basis, by Madrid […]
VF Corp announced the transfer of Reef brand to Rockport Group, a footwear manufacturing company. Still they have not made public the transaction deal, which is due to come to completion by the end of the month. Reef, founded in 1984 by two brothers coming from Argentina (Fernando and Santiago Aguerre), and well-known for their […]
Aldo Group, specialized in footwear and fashion accessories, is the first company in the world being certified neutral as to effects on climate. In other words, it is officially considered to be an environmental zero impact business. The company has been given this award by South Pole, an international consulting agency dedicated to sustainability, which […]
Aiming to enhance their expansion, they are about to set a million worth investment. Maroquinerie Thomas, a French leather group specialized in high-end leather goods outsourcing, announced they are going to open soon a new manufacturing factory located in Arras. The operation is based on a 6-million-euro investment, which will supposedly create over 250 new […]
Chanel says no to external capital assets and gears up for new prospective acquisitions. For the records, the brand keeps acting according to “transparency and dynamism”, so to speak. After having made public, for the very first time over 108 years, their most relevant financial statement figures (therefore disclosing a turnover that amounts to nearly […]
The overall number of exhibiting companies, coming from 48 countries, increased by 4.1% compared to the previous editions. We already knew about this figure on the eve of Lineapelle 95th edition. Yet, it is even more relevant today, since over the three days of the fair event (on the agenda on September 25-27) the number […]
It is a race against the clock to rescue Carven. In fact, Emmanuel Diemoz, former Balmain, who was supposed to take the brand out of receivership, has eventually withdrawn, at the very last minute, apparently a short while before signing an agreement, as reported by Fashion Network, with Bluebell, a financial fund headquartered in Hong […]
Billionaire Boys Club, a brand founded by pop star Pharrell Williams together with fashion designer Nagao, launched its maiden collection of high-end sneakers. The name of the collection discloses its quality: Icecream Made in Italy. The capsule collection presents three tints, which apply to 30 different models, with leather shoelaces and rubber soles, covered with […]
Tunisia recent industrial big success and development also depends on the tanning business. In the first 8 months of the year 2018 domestic industrial investments increased by 3.9% on annual basis: according to data provided by the Ministry of small and medium-sized enterprises, subsequently reported by local press, in the country they managed to create […]
