In the first nine months of the 2016-2017 fiscal year, Bengalese exports of leather fell 4.7% in value, moving from a turnover of $ 211 million a year earlier to the current 201 according to the ‘Export Promotion Bureau (Bangladesh Export Promotion Bureau). The agency identifies the primary cause of the slowdown in the slow […]
A gang of 7 people including a Chinese citizen, who was the brains behind this illegal practice was arrested in Karachi in late April. The authorities seized 592 packs containing more than 4,700 donkey leather from the Lahore area and ready to be smuggled across the border. The value of the goods, according to the […]
“Leather is one of the furniture materials on which it has been invested more in research and development. It has become the star of the interior design of marine equipment, thanks to techniques so advanced that he does not put any limits on use” commented Roberta Mantellassi, owner of the well-known furniture company Mantellassi 1926, […]
The European Alliance for the Leather Goods Industry (ELGA) was set up on 27 April in Brussels. It will be a body that finds collective responses to the problems of European leather goods by promoting the wealth of knowledge and the innovation scope of the sector, defending it from the threat of counterfeiting , and […]
Coach has signed the agreement to acquire Kate Spade. The total transaction value is of 2.4 billion of dollars. Victor Luis, CEO of Coach, says “through this acquisition we will create the first New York based house of modern luxury lifestyle brands”. Furthermore, the US leather giant would be interested in Jimmy Choo, a brand […]
Numbers confirm feelings. Globally, in 2016, Italian leather has maintained its leadership position establishing its market share, resisting a penalising economy and absorbing a drop in the value of its exports. As a result, the export of the finished product remains in line with the 2015 estimates for quantities. However, the value of exports exceeded […]
The text of the guidelines for the management of chemical analysis and their results was presented to participants in the CLeAR (Confidence in Leather Analysis Results), an initiative launched by spring 2016 From UNIC along with the protagonists of fashion. The document – debated during the meeting scheduled for 3 May at the Milanese National […]
On March 28, in Hong Kong, the International Council of Tanners approved the new Guidelines for the Acquisition of the First Tannery Material. Among them, there is the report of the actual weight of raw leather instead of estimates; the updating of commercial-standard tolerances to market reality; traceability data of the leather such as, for […]
In April they patrolled the state of São Paulo, while for the month of May they plan to check the streets of the states of Rio de Janeiro and Minas Gerais. They went to the shops, browsed through the product data sale sheets, scrutinised communications between producers and retailers. These are some of the techniques […]
An increase in efficiency saved 40,000 hectares of woodland from deforestation and increased 11% of supply chain farmers (10,700 out of 70,000) mapped with satellite tools and data provided by government agencies to verify compliance with the criteria for Work of the group. It is the results that Brazil’s JBS, a multinational meat company, is […]
The Conseil National du Cuir (CNC) proposed to raise the quality of French calf’s leather. The situation seems critical. During the sixth International Vitello Symposium (organised at La Baule by Interbev on 25 and 26 April), the French organisation explained that “only 15% of the tanning raw material has the necessary quality for the high-end […]
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, […]
