Nike‘s victory in the Missouri court, which decided to dismiss the class action lawsuit against the sports brand, is bound to leave its mark. Because it shows that brands must be able to demonstrate their sustainability achievements, as consumers, investors and laws demand. But even greenwashing accusations need to be substantiated by those making them, […]
Diversifying is the key word for Grisport. Production comes from multiple owned sites dislocated in Italy, Europe and Africa. The offering of products covers the outdoor, protection, sneakers, and formal lines. Sales are closed everywhere, but predominantly abroad (70%). Footwear company Grisport, founded in 1977 by brothers Graziano and Mario Grigolato, is headquartered in Castelcucco...
Less stores making more purchases, and the development of export. That’s how German leather goods’ brand Harold’s is facing the crisis of the domestic market. The company headquartered in Obertshausen (near Frankfurt) opened in 1936 and is today managed by the nephew of the founder Thilo Schmelz with his son Lennart. The production is done...
A Regulation that “sets objectives that Italian tanners fully share”. But, at the same time, a regulation that threatens the Italian leather sector. UNIC – Italian Tanneries and the trade unions – FILCTEM CGIL, FEMCA CISL and UILTEC UIL – are launching a real “alarm about the present and the future of the national leather […]
In summary: diversifying pays off. Rino Mastrotto, Vicenza-based tanning group, closed 2023 with significant numbers – in terms of revenue and employees -, especially considering the way last year closed. The CEO of Rino Mastrotto, Matteo Mastrotto, had already anticipated the group’s satisfaction in October, when at Lineapelle explained the reasons behind the rebranding that […]
Prada too is courting the VICs (aka the Very Important Clients) and preparing a mega-investment in Milan. “We have been working to win over certain luxury customers with a specific offer tailored to the high-end, through specific services and spaces within our distribution”, says the brand’s CEO, Gianfranco D’Attis, who gives the example of the...
It’s the hot topic of this March edition of La Conceria: technology is completely changing the fashion industry. The way Coach planned the success of the Tabby model with young consumers (Gen Z), is the clear proof. That’s because, as reported by BoF, it let go of traditional and analogical instruments, including human intuition of...
The car market follows the fashion market. Car manufacturers are aiming at the top end of the range, not least so as not to suffer from Asian competition. For example, Mercedes is investing in the premium and luxury range to increase margins. The German carmaker’s goal is to increase sales of the top-end luxury class […]
Altofare Group thinks big. Founded last January, Altofare is an Italian platform specialising in the production of luxury accessories and finishes. The project is supported by White Bridge Investments, a private holding company. OBI Group, Industrie Testi, Tacchificio Monti, Lampa, Griste, OBI IAB, Conti & Vannelli, CDC Luxury Chains, PF – Pressofusioni Fiorentine, SCAF and...
Limoges the same as Vigevano. The porcelain city was for long also the city of shoes. But Erel now risks of going bankrupt: one of the last footwear plants left, after 77 years, is being liquidated. The brand, specialized in the production of leather home shoes, has seen an ownership change in 2016 but after […]
The investment made by Song Shin Leather, Chinese tanning group headquartered in Guangdong, is interesting, at least on paper. According to the deal underwritten on March 27th with Bangladesh Export Processing Zones Authority (BEPZA) and local authorities, the group will invest 6 million USD (5.5 million euro) to build a new tannery in the Comilla […]
Chanel raises prices again. All-around. That is, on the one hand from France, fashion division president Bruno Pavlovsky theorises about future price increases. On the other hand, in Asian stores, the increase is a reality: thanks to an adjustment of between 2.8 and 8.3 per cent, the iconic medium flap bag exceeds the USD 10,000...
“In the Valdarno area, it’s not really as bad as Florence, it’s worse. We are facing a change of step”, said Aldo Cappetti (in photo), president of CNA Industria Arezzo owner of Romy Pelletterie in Pian di Scò. “Those believing that in June or September they will be back to producing as much volume as...
Tabor fund complicates Tod’s delisting. According to the US-based speculative fund (which owns 1.1% of the ordinary shares of Tod’s), the offer by L Catterton of 43 euro per share is too low. The value of Tod’s shares is between 82 and 102 euro each. Some of analysts believe Tabor is also involved in the...
Awakening and relaunching Bruno Magli. Liquid signed in July 2023 a 5-year licensing agreement (renewable for another 5 years) with Marquee Brands. The goal: distributing and selling shoes and leather goods branded Bruno Magli in Europe. It’s worth mentioning that manufacturing processes and leather are all Italian. “The biggest obstacle? The web. When research is...
Everything is ready for the Festival of the Green Economy. Which this year as well confirms the dual format that adds to the “tour of the factories of sustainability” (2-4 April) the four days of debates and testimonials in Parma (4-7 April). UNIC – Italian Tanneries renews its participation in Greenweek 2024. “To present the […]
The local press does the maths: over the past two decades, 4,000 crore, or 4 billion (according to our numeration) taka has been spent in Bangladesh to improve the condition of the Buriganga River. Of this (equivalent to just under EUR 350,000 at today’s exchange rate) 1,000 crore in 2017 alone was spent on relocating...
A clear message emerges from news breaking in the USA: “Luxury shouldn’t abuse its powers”. Whether it’s relationships with clients or suppliers, because on one end Hermès is being accused of unfair commercial practices and violation o US antitrust laws. On the other, Bloomberg claims Loro Piana is paying too little for the vicuna it...
We register that in vegan marketing, a mystical crisis is fashionable. After Apple, which in order to justify its (not too successful) leather-free turn staged the endorsement of Mother Nature, it was Stella McCartney who most recently appealed to the transcendent forces of planet earth. At the Paris presentation of the autumn-winter 25 collection, testimonials […]
The first aspect is positive: after the three days in Hong Kong at the Hong Kong Convention and Exhibition Centre, we can say that returning to Hong Kong for Asia Pacific Leather Fair (after four years not attending) was a good decision. The second aspect, on the other hand, isn’t as positive. At least for...
