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...
Ongoing staff training, team building and an in-house Academy for under 30 talents. Russo di Casandrino, “a company from Napoli that for over 60 years has been producing high-quality leather for the leading luxury brands”, is writing a new page in its development and consolidation strategy. It does so by “investing in young people and […]
The 8-point improvement on the previous year allows Dani, Vicenza-based tanning group, to reach a significant result: entering the club of companies being awarded the Platinum Medal from the international platform EcoVadis. Dani thus reaches the top of a green ranking, which is considered to be among the most recognized and reliable in the world. […]
Uniting, on an educational and academic level, the design sector and the Italian leather industry is possible. The demonstration is the project presented yesterday at the Belvedere di San Leucio in Caserta by Università degli Studi della Campania Luigi Vanvitelli. It is called International Conscious Leather Design Academy and is proposed in collaboration with Officina […]
The Prada Group is going strong in the first nine months of 2023, but has two concerns. The first is leather goods, which grew by only 1% in the June-September period, while footwear did +10%. For CEO Andrea Guerra, “the market is taking a breather” after years of sustained growth. The second headache is the […]
L Catterton (LVMH) adds 15 million euro in Etro’s capital. The capital injection was made necessary after the losses recorded in 2022: 23.6 million euro out of 282 million of revenue. The decision was also forced by the decision to merge it with Nuova Publitex. From the documents, there appears to be a misalignment between […]
Gone is the season of the mini bag, accessories so small that they contain only the bare essentials. On the catwalks for spring-summer 2024, the new trend of the season has emerged: capacious, oversized bags, full to the brim, scratched or worn, in stark contrast to the rigidity imposed by discreet luxury. The new fashion...
The complexity of the leather segment and that of the current market conditions. Conditions launching challenges for the industry, and demanding well-defined priorities. Such as sustainability ones, given the urgency with which these need to be faced and the tools required. We discuss this matter with Chiara Mastrotto (in photo), president of Gruppo Mastrotto. The...
Debunking is the term used in journalism to “demystify” a topic on which a lot of misinformation circles. It’s what The Guardian wanted to do regarding the Dublin Declaration, the document signed by over 1,000 scientists from around the world regarding the sustainable level and social utility of the livestock industry. Too bad the British...
“We don’t feel any slowdown. In the last two years, we have doubled”. The words of Laura Nardi (centre, pictured), a member of the board of directors of Bianchi e Nardi 1946 (Scandicci) along with Gabriele and Giulia Bianchi and Alessandro and Andrea Nardi, sound discordant in relation to the current slowdown. “We had grown...
“It is more difficult to produce than to sell”. This is why Philippe Montagne moved from France to Italy to produce his travel luxury accessories. Passionate about art deco and travel, Philippe founded the brand MPM in late 2022. “Because there are very few brands in travel luxury. The first goal of the French at...
“We want to keep growing, in a balanced way, further widening our product portfolio. There will be new entries and we will continue on this path. Not just leather, but high-end textiles too are of interest to us”. That’s what Matteo Mastrotto, CEO of Rino Mastrotto, said during an interview held during Lineapelle. And so...
Two hundred million euros from the LVMH group to buy Leo Shoes. This, according to a series of news reports carried by Mergermarket, a financial information group controlled by the Bc Partners fund, is the investment that Bernard Arnault is ready to put into play to take over the majority of the Salento-based shoe manufacturer,...
Rimowa (LVMH) will launch a leather suitcase. Founded in 1898 as a saddlery shop, the brand shifted to manufacturing suitcases later on. They were made with leather until the 1930s, when it introduced aluminum. Material that, throughout the decades, became a brand staple. On Thursday, November 2nd, Rimowa looks back to the past and will […]
They say the Arnault family plans on brining Louis Vuitton from a revenue of 20 billion euro (today) to 30 billion euro. LVMH doesn’t publish the results of individual brands, but according to analysts, even with the industry slowdown, the admiral brand is growing at the same rate as the leather goods’ division. That means...
After two years of waiting and procrastination, Phoebe Philo‘s first collection has arrived. The style is the designer’s usual: classically cut dresses, broad shoulders, tight trousers, some extravagance. Such as an asymmetric skirt embellished with fringes and leather jackets (lots of leather), embellished with high shoes and accessories with a British flavour. The first collection...
Hermès doesn’t need a star designer, a creative director making the news. It never had one nor ever needed one, even at a time when Louis Vuitton entrusts the men’s collection to a popstar (Pharrell Williams) and Gucci tries to get out of the shadow of Alessandro Michele. That’s one of the reasons why Hermès...
