OTB buys leather goods maker Frassineti. The Tuscan company, strategic supplier of Jil Sander, was previously owned by Gruppo Him Co. It’s the last acquisition of the luxury group, which is focusing on strengthening its supply chain. Frassineti has about 70 employs and manufactures 70,000 handbags a year. OTB took over the majority of shares, […]
No people willing to work in leather goods? Gab has received 600 applications for its announcement that it wants to recruit 200 new people between 2023 and 2024. It is now starting the first skimming process in order to place the first 15 people by June. Then, another 15 will arrive every 60-80 days to...
On the same site where men worked leather over 13,000 years ago, Hermès now produces leather. “It is curious to see that this place continues to host similar activities”, commented Sylvain Mazet, archaeologist at INRAP. The National Institute for Preventive Archaeological Research has just published the results of archaeological research carried out before the construction...
“My craft workshop is a spaceship on which you can fly through the space of creativity”. This is Stefano Parrini speaking. One of the best-known leather masters in Tuscany, with more than 40 years’ experience in experimenting with the different possibilities of processing leather. The magic of leather In his workshop in Vicchio, Mugello valley...
Product, design and client care. Australian A-esque is a leather goods manufacturer founded in 2012 by Amanda Rettig in Melbourne. This is a sign of independency in a market dominated by large labels. “When we started, we were going against the current compared to international brands – says Rettig to WA Today -. But I...
No more “vegan leather”, “cruelty-free leather”, “plant-based leather” or any other label that manufacturers can use to produce (plastic) materials acting as alternatives to (natural) leather. LHCA, the association that represents US leather traders, responded to the appeal of the US Federal Trade Commission (FTC). The government agency, which is charged with protecting consumers against fraudulent...
The handbag market is expanding. It is such an accepted premise that now it is the numerical evaluations that are making the news. According to the consultancy firm Technavio, the latest to venture into the exercise, between 2022 and 2027 the turnover of the leather goods industry will increase by more than 14 billion dollars....
Estée Lauder has launched Tom Ford’s new course. Peter Hawkings, right hand of the previous designer for 25 years, will be the new creative director of the brand. Guillaume Jesel will be CEO. Zegna will produce the men and women collections of the brand and will nominate a new director of the fashion division in July. The […]
Online sales are the only way to keep small leather goods brands afloat. Mariaelena Mallone, 48, architect, is sure about this. In 2010, she founded the luxury leather handbag brand Mialuis in Turin. Since it was founded, the brand has focused on gender culture and equal opportunities. And to materials that are not leather it...
Save the date: Milan, from 9 to 21 May, in the spaces of the ADI Design Museum. The reason for this save the date should be highlighted in red: on those days it will be possible to visit the exhibition The Beauty of the Italian Tanning Industry (Heritage, Science And Design). The exhibition promoted by […]
Nobody is going to get offended if we say that Caleres is ignoring the issue. But in the way the US group communicates its “sustainable reform”, speaking of materials and the 27% reduction in the use of leather, something isn’t right. If these are the premises, we prefer Reformation’s approach. The latter stated, while presenting...
Once again, acquisitions prove to be a cross-sectional dynamic in every segment of the supply chain, both upstream and downstream. The tanning technology sector also fits right into this trend. The latest case is that of Gemata (a leading supplier of industrial machinery for leather finishing), which has completed its acquisition of a majority stake […]
“I don’t work towards the next 5 years, but the next 50”. It’s what Patrizio Bertelli, CEO of Prada, said out loud. The future challenge will be of mixing the artisanal side of the business with new technology. He is also evaluating potential acquisitions of manufacturers within the territory. That being said, the majority of...
Hermès announces a new leather goods factory in Charleville-Mézières, ready in 2027. And it does so just a few days after the inauguration of bags’ 21st atelier in Louviers. The French giant has a busy agenda of openings. Two are planned for this spring: in Tournes (May) and Saint-Junien (June). While three other production sites...
Kering moves slowly and isn’t keeping up with competitors. Gucci’s performance reflects the analysts’ caution, while Saint Laurent does better than Bottega Veneta. Kering generated a revenue of 5.08 billion euro in the 1st quarter of 2023: +2% at current rates and +1% at comparable rates. Much below the 23% increase of Hermès and the +18% of […]
Financial results coming out one after the other. Piquadro and Zegna recorded solid performances during the 1st quarter of 2023. A result that Ferragamo doesn’t achieve, while Sergio Rossi shows slightly higher revenue in 2022, and its owner (Lanvin Group) increased revenue and augmented losses. Lastly, Mulberry announced to have closed the year positively, but didn’t supply numbers....
Gucci is among the fashion brands suspected of using unfair competition practices. Italy’s Guardia di Finanza and Brussels tax agency entered one of Gucci’s offices in Milan on April 18th. “The group is collaborating fully with the Commission in relation to this investigation”, said Kering in an official statement. The investigation began in May 2022,...
It’s a return. It’s a confirmation. But it is also something more. Italian leather together with UNIC – Italian Tanneries will once again be the protagonist at the next edition of the Green Week, centred in particular on the theme of water. In other words, as a note states, “the most important national event on […]
Bye bye Covid. Milan’s Design week, with Salone del Mobile and the related Fuorisalone spread throughout the city, crashes the pandemic and returns to grind out the usual fair colossal numbers. Over 300,000 attendees, 15% more than 2022 with a renewed international roientation. A dimension, the latter, that also saw Lineapelle in the front row, […]
For its 70th birthday, Pollini presents itself with a special capsule collection and a leather installation. Vittorio Pollini founded the brand, now part of the Aeffe group, in 1953. In 2022, the brand proved to be in good health. It closed the financial year at 36.8 million euros in revenues, +18% on 2021. For its...
