Leather goods product division, which alone (695.9 million euros) is worth over 50% of the total turnover (1.3 Billion) of Hermès, are up 15% at constant exchange rates. To support the sales sprint – as the French label notes – is the variety of the proposal, but above all the commercial response of some models […]
An exceptional first quarter. The Kering Group closed the January-March period with revenues (3.5 billion) up 31.2%. While the Lifestyle and Sports brands are “satisfied” by + 16.5%, luxury ones fly at + 34% with Gucci + 51.4%. “We are benefiting from a somewhat more favourable economic environment, the creative force of our homes, and […]
Revenues rose by 1% and profit that marks + 14% on 2015 for ii in Salvatore Ferragamo’s 2016 balance approved yesterday by brand shareholders. Fashion house sales amounted to 1,438 billion euros while profits reached 198 million euros. The dividend was equal to 0.46 euro per ordinary share, in line with the previous year. For […]
There are two victims (20 and 21 years old) in the accident that occurred in a tannery in Jajmau, in the Kanpur district. They were cleaning the sludge discharge when they were intoxicated. They died because of toxic exhalations. According to Times of India, the two were part of the team of workers hired by […]
The Pakistan Tanners Association (PTA) has announced that domestic exports of leather and finished products fell by (-6.36%) between July 2016 and February last year to $ 8.2 billion. These data testify to a further adverse finding of a downward trend that seems to have no end. The future looks even darker. PTA fears that […]
Novelties include a fully connected hide-cutting room, an Industry 4.0 application that will help customers improve the quality of their cutting operations, optimise their leather use and improve their operational excellence. That’s just one of the proposals in the offing from a packed programme of innovations being launched by Lectra, the technology and equipment colossus […]
On the roller coaster of US hide exports, salt-cured hides are rising (sharply), while wet blue hides are falling (heavily). This is confirmed by data from USHLA, the US hide, skin and leather association. In the first two months of 2017, the amount of raw tanning material shipped from US ports increased by 6.9%, reaching […]
At least 12 billion taka, the equivalent of about 136 million euros. That’s the damage assessed by the Bangladesh tanning industry from the closure of the Hazaribagh district, the hub of the tanning industry that has closed for business after 15 years of shilly-shallying in the courts. That assessment comes from the association of exporters […]
Less than a month ago, they announced that the February results, particularly for footwear exports, were to say the least “catastrophic”: a fall of 27.6%, after a partial recovery in January (+2%). Then came APLF Hong Kong, where the CLIA (China Leather Industry Association) announced that their own tanning sector was not doing well either, […]
“The style is becoming cleaner: we’re kind of getting serious. At first I was puzzled, and I wondered if the product had enough drive; now I’m optimistic. I think bootwear is fantastic and that all the materials used, from velvet to fur, will be able to drive up sales, especially in white. I think that […]
There is no sign of crisis for the luxury sector. The financial data provided by LVMH for the first quarter 2017 are real, and strengthen “the extraordinary 2016”. At the top, there’s the leather compartment from Louis Vuitton with 9.88 billion euro in total sales in the first three months of the year (+ 15%) […]
At the end of the fiscal year (January 31, 2017), net sales of the Prada Group amounted to EUR 3.1 billion, down by 10% compared to 3.5 billion in 2015. Net income, meanwhile, fell by 16% year on year, rising from 331 million to 278 million (-16%). All positive numbers that are reflected in the […]
The percentage growth in exports of Brazilian leather to March stood at 3.8%, for a turnover of 192.6 million dollars. These are an excellent result, considering that foreign sales were 19.5% compared to the February result. But the performance value of the tanning Brazilia – “One of the highest monthly performance ever” according to Rogério […]
Indonesia, Vietnam and Cambodia are competitors in contending for the production of shoes and leather products on the run from China. But also aware that this process generates for all growth prospects. In Indonesia, the local shoe industry association estimates an export growth of 6% for 2016 and has an export of shoes 5-10% increase […]
Doubts about the new trend of “100% vegetable leather” material derived from scraps of viticulture (the fibres and the pomace oils). The product is made “without using a drop of fuel, without using polluting substances, without consuming water and without, of course, not even kill an animal.” It is Wine leather, a material developed by […]
The Italian tanning sector continues its journey on the path of innovation. The latest demonstration came from the conference on the leather’s supply chain organized by the Experimental Station for the Industry of Skins and Tanning materials. The event, Innovation Village, lasted two days (April 6 to 7) and took place at the Overseas Exhibition […]
The technologies employed are laser cut, water cut, employable machines for cutting leathers and the pattern design on the surface of the materials. There is also the 3d printer to realise, for example, mould to impress the leather (as pictured). An infinite number of solutions, largely still to be discovered, to apply to the leather […]
Explaining the importance and meaning of two labels that qualify not only the material they “represent”, but also the accessory they belong. Precisely defining the actual significance of the word “faux”, that so many brands, even the luxury ones, use to describe items that “are not in leather and are not environmentally friendly, but made […]
In New Delhi, police officers have shut down 26 out of the 44 licensed abattoirs. The association of meat traders announces unlimited strikes, accusing the government of Uttar Pradesh, a Hindu nationalist guide to camouflage behind business activities that interfere with the taboos of the sacredness of the cow. Times of India, however, adds that […]
APLF Leather & Materials + closed last Friday offering to the market a sense of “positivity that does not deceive anyone,” says an Italian tanner present at the fair. Giuseppe Volpi, of eponymous Tuscan tanning group, also shared these feelings.” The turnout was impressive as impressive was the customer interest as well as the contacts […]
