Hermès slows, but less than expected. “We are probably less exposed, given our value strategy. And maybe also thanks to our customers’ loyalty and level of quality”, said to journalists Eric du Halgouet, VP of finance for the brand. Hermès’ sales reached 3.37 billion euro in the third quarter of 2023, up 15.6% at constant […]
Prada Group aims to double its size without acquiring new brands: “We have no need”, said CEO Andrea Guerra. “Too many people have the alibi of being niche. We are forced to grow a lot in the coming years. We aim to double our size in a non-definable time period”, stated the manager, who sees...
Kuoyo is marking time for growth. Although luxury is slowing down, the leather goods company founded in 2017 in Scandicci (Florence) wants to double its turnover (17.6 million euros in 2022) and triple its production capacity. Also through new acquisitions that are already being evaluated. The creator of this successful start-up is Fabio Fatarella (in...
If governments and industries (including the fashion industry) are committed to fighting global warming, natural materials are their main ally. First and foremost, leather, which is sustainable and natural. In view of the 2023 United Nations Climate Change Conference (COP 28), to be held in Dubai from 30 November to 12 December, the international tanning […]
The anecdote comes from Australia, where Jason Gordon, a sheep breeder in the state of Victoria, is desperate. “Now I have to take on the cost of disposing of the leathers in landfills”, he vented to ABC Rural. “Up until a few years ago, I was being paid more than AUD 30 for each of […]
Financial statements by Cucinelli and Ferragamo show opposite results. At constant rates, revenues for Cucinelli grew 28.8% during the first 9 months of the year (on yearly basis), while Ferragamo’s decreased by 9.2%. The stock prices for the two companies reflect the results. Marco Gobbetti, CEO of Ferragamo, wasn’t moved much by the results and...
Gianvito Rossi: the first handbag with Richemont is here. It’s called Valì, made with calf leather and it costs 2,250 euro, available from November 18th (in photo on the left from gianvitorossi.com). The stylist and entrepreneur explained his growth project to Fashion Network, explaining he plans on increasing revenue and production to 320,000 pairs for […]
Jean Paul Gaultier‘s aesthetic joins forces with Jimmy Choo‘s iconic footwear designs in the collaboration that boasts Kylie Minogue as its testimonial. The starting point according to Sandra Choi, Choo’s creative director, was to seek shared codes with Florence Tétier, who instead heads JPG, to reflect on femininity. Good. At first glance, however, and with...
Enhancing “the history, identity and cultural heritage of the Chiampo Valley tanning industry”. To give life to “an audacious revolution of the traditional museum concept”. This is the objective of the project for a Museum Centre conceived by the Veneto Leather District, which has been awarded over 120,000 euro in funding from the Region. A...
Neanderthals were capable of hunting lions and also use the hides. The finding emerges from the analysis of two archeological sites in the south of Germany. It’s the first direct proof of men hunting lions in the history of humanity. Cave lions, no extinct, could be over 4 meters long and weigh about 340 kilograms....
A well of life, from which a thousand jugs and a series of metal objects leapt out, including billhooks, hatchets, sickles and razors for tanning hides as well as cutlery, knives, hooks and chains. This is the result of the excavations campaign at Campo della Fiera, under the Orvieto fortress in Umbria. The findings of […]
“We have to use as much of the leather as possible. But this is a luxury bag that has to last, so we cannot accept imperfections”. This is affirmed by Samuele Checchi, head of Prada’s women‘s model shop in Valvigna (Arezzo). The quality of the leather is so important for a bag from the brand […]
Thinking of Italian leather in a global context, to be able to adapt to changing and (often) unforeseen contexts. The 4th edition of Stati Generali della Pelletteria Italiana took place in Florence on October 17th, which provided chance to reflect and compare notes on a segment that is undergoing a period of criticalities and slowdown....
The international award for young designers by Real Leather Stay Different 2023 goes to Tamar Elbaz (finalist in the apparel segment) and Ana Del Rio, winner according to the people’s votes. The last edition of the contest promoted by LHCA in collaboration with UNIC – Italian Tanneries and Lineapelle, held its last yearly session in...
Alessandro Giglio (Giglio group) buys NiRa Rubens trainers. Scandicci-based leather goods manufacturer Kuoyo acquires Kering’s production partner Fior di Pelle, based in Impruneta. The two M&As confirm that there is excitement not only among the big names in industry and finance, but also at smaller levels. Giglio, which acquired NiRa Rubens from Panta Rei of...
Ezio Raccichini, CEO of GC Group SPA, confirms the new course of Gianni Chiarini leather goods, which aims to exceed EUR 40 million in revenues within three years. The Florentine brand’s new phase passes through repositioning in the medium-high market segment. Without forgetting the “enhancement of the product and attention to the selection of materials”....
Buying a footwear brand and bring it back to life. It’s not an operation only large groups can make. Alberto Paolieri, from Prato (and a family history in the textile segment), bought Quercioli Firenze. Together with creative director Emanuele Coppari, he began a rebranding project to bring Quercioli Firenze back to life and desirable. The...
The problems in the luxury sector are already having an impact on the production chain, which for years has expanded to meet the increased demands of designer labels, but now faces declining orders. The protests of some of the employees of Z Production and Eurotaglio leather goods factories in Campi Bisenzio (Florence) sound the first...
They define it “a multi-stakeholder event”, and it was built for specific reasons. First: “Identifying the Key performance Indicators (KPIs) of circularity”. Then: “Highlighting the sharing good company practices tied to the topic”. Lastly: “Give value to the technical, managerial and scientific competencies towards more sustainable business models”. We are talking about the Monitor for...
The popularity of Kobe meat benefits leather products. Which especially attract foreign tourists visiting Japan. Sales of slippers made from Kobe leather are booming. And in 2019, the Kobe Leather Cooperative, which promotes Kobe leather under the brand name “Kobe leather”, was also established under the concept of “using after eating”. The best-selling slippers “Purchases […]
