Dr. Martens’s profits are growing a great deal. British brand’s revenues increased by 25%, that is 290,6 million pounds (about 325 million euros) in the business year closing on 31 March 2017. Such speeding up was driven by their brilliant performance in the Asian markets, South Korea and Japan on top. Most remarkably in Japan […]
Rubens Bressanin is the man who’s supposed to revive French brand Stephane Kélian. The Venetian designer, who runs, along with Luciano Ferraresso, the Stra RubensLuciano studio, where they make collections for a number of brands, around 40, has been appointed, as art director, to relaunch the historic French brand which is currently owned by Groupe […]
The 48th edition of OBUV Mir Kozhi, the exhibition organized by Bologna Fiere and Assocalzaturifici, is about to open at Moscow Expocentre. It is due to close on Friday. 220 brands, coming from 12 countries, will take part in the fair which will house their collections on an area of about 4,800 square metres. There […]
Expectations are considerable: to manufacture 90,000 to 100,000 skins and 40,000 hides a year; to increase their staff from 90 (they started with 45) up to 160 units; to redouble their turnover in a few years. On Thu 12 October Kering Group has officially inaugurated their new factory at Tannerie de Périers, a tannery which […]
“Production designers consider leather scraps to be little valuable, yet leather is a precious material”. Not to be wasted then. Christopher Bailey, fashion designer at Burberry, expounds the concept on which the English brand has based their joint action with Elvis & Kresse, a leather goods company, headquartered in London, specialised in manufacturing high-end accessories […]
How can a 1,500 USD worth couch possibly turn, in 6 years, into a ruin “seemingly coming from a war zone”? An American customer (Alan) inquired at WJCL network, as he pointed out that when purchasing it, the item was displayed in “genuine leather”; then he found out that its upholstery was actually made of […]
Our claims do not overreach: we just want leather to be protected, as much as milk is. That’s the gist of the request submitted to the European Commission by Cotance, the European union of tannery national associations. The new request, since Cotance had already sent a message to EU councils at the beginning of the […]
In September Brazilian leather export went up as for volumes (+7,5%, 16,1 million square metres on the whole), though it decreased in terms of value (-4,4%, that is 144 million dollars). The trend slightly turns around, compared to August, when both volumes and value were going down (-3,5% and -5,7% respectively), and roughly lines up […]
At least 60% of raw hides manufactured in Zimbabwe are bound to go rotten, as no export policies are carried out in the country and manufacturing industry does not keep up either. Hence LMAC, the livestock and meat national council, asked government to review tax on leather export. “Such duty was implemented to support domestic […]
A golden quarter (above expectations) for LVMH. The French fashion giant registered 10.38 billion Euros in the third quarter of 2017 under the guide of Bernard Arnault. Organic growth of 12% in a year for the group, which is in line with the +13% and +12% of the first two quarters, doubled that of the […]
The following is a recent and famous story. Year 2013: the French giant PPR, which owns many brands among which is Gucci, decides to change its name in ‘Kering’, because they say in Paris, “the ker root of the word means ‘home’ in Breton, while in English Kering sounds like ‘care’, ‘caring’. We believe that […]
GST Autoleather explained yesterday how it ended up with 200 million USD of debt: downturn of the market and impacts that services such as Uber have had on the industry. Yet, according to news coming from the Unites States, there seem to be other reasons why the US-based group is on the verge of bankruptcy. […]
Kenya’s government can’t get enough of protectionism. At the presentation for the leather cluster’s economic development (period going from 2017-2022), government officials explained that, starting in mid-2018, a fiscal exemption on raw and semi-finished hides may be approved by the government. Opposite to that is the thought on exports. In fact, Nairobi’s government plans on […]
Government imposed restrictions on illegal slaughtering of animals by tanneries has had an immediate and dramatic effect on leather exports. “H&M and Inditex (Zara) have reduced orders’ amount, as they fear our factories will have difficulties in getting the materials”, said M. Rafeeque Ahmed, one of the main shoe-makers in Chennai to the local press. […]
The check for 11 million Euros is for continuing to grow. Mayhoola For Investments bets on Anya Hindmarch, British brand of leather goods, which has recently extended its offerings to include footwear. The amount seems (or rather is) fairly small compared to what the fund has given to the brand Valentino. But it is a […]
An edition full of confirmations, consolidations, and good feelings related to both market and style. The 93rd edition of Lineapelle, international Leather Fair (Fieramilano Rho, Oct. 4-6), gives out positivity for the future of the supply chain. The visitors, of 113 different countries, increased in number by 2%, surpassing 21,500 in total (21,687 to be […]
Coach no longer wants to be perceived only (or for the most part) as a brand of leather goods. The premium US brand wants to be perceived as a maison able to offer a wide variety of products: “a brand lifestyle, as we are already are in China”. Joshua Schulman, president and Ceo of the […]
Robert Clergerie opens a new boutique in Paris. And how does he celebrate the event? With a new line of sneakers called Collezione 326, designed by his new creative director, David Tourniaire-Beauciel, who has been holding the position since the past June. The new boutique, which will open on the famous Rue Saint-Honoré, street number […]
US distributors and retailers organized a conference in Raleigh, at the College of Textiles of North Carolina State University. Topic of discussion: Innovation and the development of new materials for shoes. Outcome of talks: shared opinions on the necessity to innovate, almost an alarm. To have a future, they say, the footwear industry must follow […]
The decrease should be somewhere between -10% and -20%, for a turnover that was 1.6 billion USD in 2016. 2017 exports for the Turkish leather industry will close deeply in red. According to market data collected by leatherbiz.com, the negative trend for the industry is also due to an unusually long summer. The prolonged period […]
