Looking at the financial results of Conseil National du Cuir, there are two conclusions that can be drawn. The first is that French leather is still dealing with the consequences of Covid (to which the ones of the war in Ukraine need to be added). The second is that, out of the entire chain, only […]
In a market that was already struggling, the drop in demand for split hides represents the final blow for Wenzhou’s tanneries. The progressively lowering price of split hides has created wide differences in the value of the stock in the warehouse and the current going rate. Differences, says the International Leather Maker, proving fatal for […]
Massimo Vian, industrial director of Prada, has no doubt: the group continues to believe that it’s the right time to close on 400 new hires (220 in leather goods lines, 76 in the footwear ones). Talking to the economical insert of QN, the manager doesn’t lose time with topics such as inflation and the war in...
The timeframe is still being defined: if all goes well, the operations can be closed by the end of the year. The most important thing is the goal, and that is clear. OTB, which controls brands such as Diesel, Marni and Maison Margiela, is currently working on acquisitions and IPO: “We are studying the structure to get on the […]
Last Saturday (1 April 2023), Il Foglio della Moda (fashion culture insert of the daily newspaper Il Foglio) celebrated its one-year anniversary with a monographic issue. Theme: upcycling. Or, perhaps, something broader. That is: the green value of the durability of a garment, an accessory, a material. A highly topical theme that the insert edited […]
“We have other acquisitions along the chain in pipeline, in order to strengthen our supply chain”, said Silvio Campara (in photo Imagoeconomica), CEO of Golden Goose, brand that reached record numbers in 2022. With regards to the results, production needs to increase at the pace of sales, as the latter last year grew 88% on 2020 and...
There is beauty in being a luxury subcontractor. A ‘beauty’ that translates into orders, employees and turnover that have been growing for years. For example: there are companies that have quintupled the number of their employees working for fashion labels. And they are ready for further expansion plans. The widespread labour shortage and the difficulty...
There are a few new things for Furla. The first is tied to the internal academy in Tavernelle (fraction of Barberino Tavarnelle near Florence). The company has a production site nearby, which employs 140 people. Furla decided to manage its generational change by itself. Furla’s development also includes an increase in revenue. For this reason, […]
Marianna Mazza’s (32) bet of deciding in 2020, during the pandemic, to invest its savings to found a footwear brand seems to have paid off. A brand that seems to be able to combine her family heritage, jewelry in Torre del Greco, with her passion and expertise in the footwear industry. As we said, the...
The curtain drops on Mondialsuole Group. All of the companies that made up the group (Mondial Suole, Mondial Due and Mondial Plast) have declared bankruptcy. The group headquartered in Porto Recanati was founded in 1978 and had become one of Europe leaders in the production of polyurethan soles. In 2021 it employed nearly 270 people...
Prada needs a total of about 450 people to increase production. Half in leather goods (about 220), then 153 in clothing and knitwear, and finally 76 in footwear. Rapid-fire hirings affecting all the production sites that the group, led by the couple Patrizio Bertelli and Miuccia Prada, owns in Italy. And that’s not all: Prada […]
The ties between the USA and La Patrie have existed for a while. That’s why the US general consular in Florence, Ragini Gupta, wished to visit the high-end leather tannery of Ponte a Egola (San Miniato). A tour to see the tanning process for exotic leather that the consular found enlightening. “She had never visited an...
Solofra is there, but clear signals are needed, along with concrete decisions “towards the future, for more environmental and economic sustainability”. These are the words of Mario De Maio (DMD Solofra), president of the tanning segment of Confindustria Avellino. Mr. De Maio spoke during the event that took place on March 29th, during which the representatives...
When discussing sustainability in fashion, the difference between luxury and fast fashion can clearly be seen. It’s a durable difference, pardon the wordplay. To understand what we are talking about one simply needs to compare two interviews: one with Peter Pernot-Day, global head of strategy and corporate affairs Shein and that of Alessandro Fumagalli, creative director...
To design the collection, she visited workshops all over the country. And on these journeys, she met the Andalusian craftsman to whom she entrusted the leather work. For Dior‘s Cruise 2023 Maria Grazia Chiuri started from a premise: Spain. The creative director wanted the capsule to reflect cultural elements and imagery (such as Almodóvar films,...
Attila Kiss, CEO of Gruppo Florence, said to La Conceria that some leather goods’ companies will join the group by August. The companies will be focused on the finished product, and the group will also develop its footwear operations with new acquisitions. Florence already dedicated part of its investments to its new sites in Milan (ready […]
It’s sort of a multi-level news that comes from Turin and sees British brand Burberry and Italian Pattern involved. The former made the purchase, including employees and plant that already used to produce for it. Meanwhile, the latter is focusing on developing and consolidating its cluster thanks to the liquidity from the sale and keep […]
“We owe are success and visibility to durable and high-quality products”. For Leo Rongone the prestige of Bottega Veneta is based on time. Or better: on all dimensions of time. The CEO of the brand owned by Kering believes that the attention and refinement with which designers and craftsmanship ideate and make a product. And the longevity […]
NB Renaissance takes 70% of U-Power. The holding company U-Invest, headed by the Novara-based Uzzeni family, has reportedly reached an agreement with the NB Renaissance fund to sell the majority of the Piedmont-based company. This valuation would be around 800 million euros. The dossier to explore the sale had reached the potential buyers in late...
Customization of handbags. Territorial externalization of production. Foreign sales. With 50 years of activity behind, leather goods maker Roberta Gandolfi evolved to face today’s market challenges. It resisted the pandemic and a complicated 2021. It recovered ground in 2022 with sales up nearly 30%. And the brand trusts it will continue the trend in 2023. “We have...
