Burberry cannot afford to raise prices if it doesn’t raise the quality of its products. The British brand is elevating its positioning. It’s a forward step done with the arrival of creative director Daniel lee. Now the goal is to bring the average price of handbags to a similar level as those of competitors, and […]
An invitation to free imagination, an ode to change. The fashion and colour trends for Summer 2025, presented in recent days by the Lineapelle Fashion Committee, have the evocative title VUJA DE; the opposite of DEJA VU. The concept referred to is the “experiencing of familiar situations as if they were seen for the first...
We are in China. Precisely in Humen, in the city of Dongguan, itself part of Guangdong Province. We are here because from November 16 to November 18 the Global Apparel Conference 2023 (GAC) was staged. It is, as a note from Confindustria Moda states, “the first official event for the industry wanted by the Chinese...
An opportunity, first and foremost, to address the sustainability of leather on both a theoretical and practical level. A way, that is, to take the theme from words to deeds. But also, an input to foster new relationships between haute couture brands and material suppliers. This was, and not only this, the conference organised by...
The evolution of third-party manufacturing in leather goods. More power to stylists, higher product quality. The growing relevance of modeling and sample portfolio. Max Robba, CEO of Bottega pb1, analyzes the evolution of third-party manufacturing in a key related segment, such as the leather one. Including the matters of size and aggregations. Bottega bp1 is...
Nice Footwear is ready for new acquisitions. Meanwhile, to prepare itself, the Vicenza-based company founded in 2004 has bought the remaining 20% of Favaro Manifattura Calzaturiera and Emmegi. With these two operations, Nice Footwear has risen to 100% of the capital of the two SMEs. The objective now is to “become an aggregator pole of […]
Desa’s HQ is about 20 kilometers from Istanbul. The administration section is on the 2nd floor of a site where the group manufactures clothing and leather goods for its brands and clients. Moreover: on site there are creative offices and a large store/lab where to design distribution strategies. “We are retailers and manufacturers – says...
Two deals in two weeks. Like a running train, Rino Mastrotto announces the acquisition of Mapel Group, just a few days after the announcement of the closing for Imatex. The acquisition of Mapel Group, company that manufactures and markets tapes, ribbons, inserts and accessories for high-end fashion brands, strengthens the position of Rino Mastrotto (controlled...
The positive note is that the luxury industry remains resilient even when the international context (dealing with wars and inflation) is difficult. The negative aspect is that the segment is saying goodbye to double-digit growth, which characterized the post-Covid era. According to Bain Worldwide Luxury Market Monitor, the personal luxury goods category (within which fashion...
It can be said, with brutal synthesis, that haute couture travels on two tracks. Creativity, which allows design insights, and the quality of materials and workmanship, which make the products exclusive. But then, scrolling through the press review, one often comes across controversies on prices or irony on the most courageous initiatives. This is the...
Tell it differently. Telling it in different places. Arouse interest and amazement (not necessarily in that order). To trigger, across-the-board, a sort of green upgrade of the Italian tanning narrative. We could summarise it in the slogan “there is more beyond leather”. In the sense that, in addition to the excellence of the material itself,...
G.M. Leather becomes a minority shareholder of Chiorino Technology. The Arzignano-based group has acquired 18.92% of the share capital of the Biella-based company. The binding agreement was signed between G.M. Leather and the shareholders of Chiorino (the majority shareholders Arcadia and Marco Toscano) and provides for a capital increase of 1.85 million euros to be […]
The aim is to precisely draw the technological horizon of the future. But, to achieve this, it needs to start right away: now, at this very moment. In other words, the time has come for the leather industry to co-design. Launching the call for this new collaborative vision was Assomac, the association that brings together...
Tapestry better than Capri Holdings. The back-and-forth swinging trend of the two groups (undergoing a merger) emerge from the results published by them for the 9-month period. Tapestry reached record revenue and earnings per share, with CEO Joanne Crevoiserat highlighting the importance of handbags and leather goods for the group’s results. Capri Holdings’ results were...
The normalization of the trend of the luxury industry has hit Richemont as well. +19%on the April-June period and +5% from July to September. Growth has slowed and the stock price is down. But president Johann Rupert, who is usually prudent when commenting results, reassures everyone. “I am optimistic with regards to the medium-term. I...
Gruppo Tod’s has an ace up its sleeve: leather goods. The sale of handbags, backpacks and accessories, during the first 9 months of 2023, increased 19.5% at current exchange rates. Better than footwear (12.3%), but overall Gruppo Tod’s revenue grew 14.3% in the January-September period, compared to the same period of 2022. In light of […]
The priority clearly emerges from the 7th World Footwear Congress, organised in Istanbul (8-9 November) by TASD: global shoe industry wants to accelerate in the direction of sustainability. That is, it wants to be part of the collective effort to green reform society. “If this means that there is a need for circular, biodegradable, durable...
The common thread is the goal: correcting errors in the manual conveyor to enable industry groups to be more efficient and timelier. The perspective, however, is slightly different. Because when Jon Ram (pictured, right) talks about his interventions in the production operations at Clarks, of which he is CEO from April 2022, he is referring...
Trussardi remains in the dark tunnel and there is no light on the horizon. At the moment, there is no response to the rumors regarding potential investors interested in buying the company, or the brand, or the operational entity TRS Evolution. Since last March, Trussardi has been currently working with the courts in Milan on...
Shareholdings, perhaps stable or perhaps growing, and synergies to be developed in horizontal or perhaps vertical relationships. The ties between Filograna and LVMH are close and it seems, reading the press review, that they could get even closer. Because journalistic sources claim that the French luxury conglomerate, which already shares stakes in some of the...
