After De Sarno‘s announcement at Gucci, which came on a Saturday (i.e. with the stock market closed), the first question from observers was: who knows how the markets will react. Come Monday, the answer is “flat”. As a Reuters bulletin updates, the parent company Kering opened with -0.1%. The arrival of Alessandro Michele‘s long-awaited heir […]
Designer Nicholas Kirkwood is closing his brand. Less than 2 and a half years after parting ways with LVMH, the award-winning British designer has decided to discontinue his brand after 18 years in business. He announced it on his Instagram profile. Known for making sculptural heels out of unusual materials, Kirkwood had embarked on a […]
Good. Very good. The Washington Post also realized that behind the spread of nomenclatures such as eco-friendly, vegan, bio, ethical, sustainable there (often) is deceit. We are pleased that the news source that became famous for reporting on Watergate, reached the conclusion. And we are even more pleased when we read the specific references to the inconsistency of […]
It’s not just the luxury segment that’s having problems with production. Young brands also face the same challenges. Noova’s Nicolò Coltri and Enrico Ferri (in photo), for example, have a few. For example: a general increase of minimum order quantity. Or that the number of suppliers is decreasing “also because luxury brands are buying them all”. So, Vigevano-based...
“From a small dream born in a garage to becoming international”. That’s what Mimanera’s website says, and it’s how the success story can be summarized. It’s the story of Matteo Gamboni (today 35 years old, in photo), who in 2009, after disliking any job he tried, he tried to customize his first t-shirts and sneakers....
Tanning group Bridge of Weir and automotive brand Bentley explain why premium autos prefer leather, and why even Polestar is opting for the latter above other materials. “We don’t plan on substituting leather with a synthetic material – state Bentley’s spokespeople -. The first reason is that our clients aren’t asking us to do so. […]
“Mona Industry, which is the only tannery of Burkina Faso, contacted us because it’s aware of our company’s experience in Africa. After a few exchanges, we reached an agreement signed with CEO Rajesh Punjabi”. Commenting on the situation is Ivan Belloni, an expert in distributing ovine, bovine and exotic hides thanks to its company Hides...
We have a name. Or rather: THE name. Sabato De Sarno is Gucci‘s new creative director. The fashion House announced the appointment together with Kering: “De Sarno will lead the House’s Design Studio reporting to Marco Bizzarri, Gucci’s president and CEO, with responsibility for defining and expressing the House’s creative vision across the women’s, men’s, […]
Lineapelle’s international fair program is going strong. After returning to the pre-Covid live event, Lineapelle moves from the one-day event in London (January 24th) to New York. Here, on February 1st and 2nd inside the Metropolitan Pavilion, the organizer will present the preview collections of leather, textiles, synthetic materials, accessories and components dedicated to the […]
Speaking of traceability, deforestation and misinformation within the leather industry. These are burning platforms in the USA, and Lineapelle New York will discuss them during two events on February 1st and 2nd at the Metropolitan Pavilion in Manhattan. Traceability The workshop “Building more sustainable sourcing chains: taking advantage of collaborations to fight deforestation” will take […]
Of course, at the end of the day the controversy over the rabbit felt used by Gucci is not important and surely doesn’t move the equilibriums of the fashion industry. That being said, it’s a relevant false step on a symbolic end, or rather a political one, we dare say. That’s why the brand owned […]
The quality of an entrepreneur comes from being able to interpret situations, trends, and a s a result, opportunities (in advance). Elon Musk should then have enough elements to understand that Tesla’s stance on leather is wrong. The automotive premium market clearly says that his “vegan” veto on leather is a mistake: competitors (such as […]
There is the luxury industry, where brands, groups and multinationals all challenge one another. Then there is LVMH, a conglomerate that seems to play in a league of its own and, proven by data, makes history by itself. The income statement published just days ago (for FY 2022 by the conglomerate proves it. Overall turnover:...
LVMH closed 2022 with 196,000 employees. To make a comparison, it’s like if the entire population of Prato, Parma or Brescia worked for the French luxury group. Simply put, LVMH would be a province in Italy. A province that just added 21,000 new residents in 2022. Of course: if revenue increases, beside from the increase...
Footwear bring joy to Ferragamo and Aeffe. While the leather goods divisions are performing well, the footwear segment is also in health. It can be seen from the preliminary data published by luxury brands in 2022. After Zegna, Ferragamo and Aeffe also benefitted from the segment’s positive performance. The shoes’ sales of the Florence-based brand...
Tod’s returns to the prestigious One Billion Club. The luxury group led by Della Valle closed 2022 with a record revenue: 1.007 billion, compared to the 1.004 billion achieved in 2016. The value is equal to a 13.9% increment compared to 2021 and +10% on 2019. The decisive push for growth comes from the leather […]
Functionality, materiality and, of course, leather. These are the points common to the top brands that closed men’s fashion week in Paris on Sunday, 22 January. While on Monday, again in the French capital, Haute Couture Week has begun: 29 brands, from Schiaparelli (Monday morning) to Robert Wun (Thursday), passing through all the top names....
At the end of the day, the brands that flaunted their bombastic farewells to exotic leathers helped those same exotic leathers to appear more precious and exclusive in the eyes of the public. Yes, because while the likes of Chanel, Burberry and Hugo Boss have stopped using crocodile, alligator or python, brands like Hermès, Louis...
Sometimes it also happens to LVMH that a project fails to come to fruition. The luxury giant changes its mind and renounces to build its research centre dedicated to “durable and digital luxury” on a plot of land in Saclay, related to the campus of the Institut Polytechnique in Paris. LVMH boss Bernard Arnault, however, […]
A new leather goods hub of almost 20,000 square metres, where as many as 9 sub-suppliers will be integrated. In Campi Bisenzio (Florence), on 20 January, with a big party, Hind opened GAB’s new headquarters, a company specialised in the design, industrialisation and production of leather goods for the luxury market. In 2021, the Turin-based...
