Tre Zeta Group acquires Suolificio Magonio in Montelupo Fiorentino (Florence). It’s Tre Zeta Group’s 2nd operation in two months, as in mid-November it had bought Stil Stampi in San Miniato (Pisa), which manufactures aluminum molds for shoe soles. Magonio manufactures leather soles for the luxury segment and closed 2022 with a revenue of 14.5 million euro. Considering these last two acquisitions, Tre...
The search for (and training of) specialised personnel in the leather area is one of Hermès‘ cornerstones. Not only in France, but in Italy as well. Specifically in the shoe factory in Busto Garolfo, a few kilometres from Milan, 16 new figures are needed. Hermès needs quality control workers: qualified personnel to be employed in […]
Italian leather goods producers that manufacture handbags for luxury brands are currently in a golden period. So much, in fact, that the problems tied to increasing production capacity and thus finding personnel are the main ones. Let’s use Rioland as a case, as it is investing in a new atelier. The group counted 350 employees...
“I can’t imagine living without a leather jacket”. Says Nicholas Ghesquière, creative director of Louis Vuitton‘s women’s line since 2013. “I don’t know why, but when I wear a leather jacket, I feel good. I feel myself,” says the designer in an interview with the Wall Street Journal. Ghesquière is known to be an outspoken […]
Decisive step forward for the construction of the new Louis Vuitton leather goods factory in Pontassieve (Florence), in Le Sieci. On Friday 16 December, a memorandum of understanding was signed between the Region of Tuscany, the Municipality of Pontassieve and Manufacture des Accessoires Louis Vuitton (MALV) for the construction of the new plant. With 450 […]
Manufacture Roannaise de Maroquinerie was born in France. And it was born with big plans: to invest in three production sites and 900 jobs within 7-8 years. But pending the construction of the new factories, production will start in early 2023 through the rental of a shed in Coteau. The business initiative bears the signature […]
Turkish shoe exports flies in 2022. Thanks to Europe, including Italy. According to TASD, Turkey’s footwear manufacturers’ association, in the January-November period, foreign sales were worth over USD 1.1 billion (+20.2% compared to the same period in 2021). The forecast is to end the year with a record value of 1.2 billion. In 2021, for...
On December 6, the European Parliament and Council reached an agreement on the EU regulation against deforestation. The act outlines the costs for importers of products and commodities from countries or regions considered to be at risk of deforestation. It will be up to them to prove through due diligence, guarantees and certifications that they...
The end of a project that becomes the base for an evolution. The closing of a challenge that provided participants with enthusiasm, awareness and new inputs. The challenge launched by UNIC – Italian Tanneries to the students of the UniTrento School of Innovation has ended. The goal: finding “fresh and innovative ideas”, explains UNIC, to […]
No “vegan leather”. Much less products that are passed off as green, but are in fact highly polluting. Christoph Mayer really believes in sustainable footwear. Today, he is the creative director of the brand Think!, founded in 1991 in Austria by Martin Koller. Most of the leather comes from Italy, and he also has a […]
Versace obtains a 450 million euros loan from a pool of three banks that participate in the term loan in equal shares. According to MFF, which breaks the news in advance, the Capri Holdings group brand intends to take advantage of the three-year term loan “to optimise its capital structure by adjusting the Italian fashion...
Loro Piana wants to protect its White Sole. And it is threatening legal action against “those who attempt to undermine the iconic nature” of the white-bottomed collection. The brand, part of the LVMH galaxy since 2013, is based in Quarona (Vercelli), produces leather goods in Impruneta (Florence) and footwear in Porto Sant’Elpidio (Fermo) through the...
Increasingly higher numbers for Margot group, Italian holding specialized in the creation of metal accessories for the apparel, leather goods and footwear segment. Revenue in 2022 reached the 50-million-mark and, for 2023, the goal is to close at 80 million euro. The results were discussed by Marco Vecellio, CEO of Margot, during an event in […]
Riri ended up in the hands of Swiss group Oerlikon. The centering trend of the accessories’ segment continues. Just one year ago Swiss company Riri, leader in the production of plastic and metal zippers, had bought Tuscany-based DMC, specialized in the production of leather goods, shoes and luxury apparel. After just 12 months, Riri went […]
Integrations along the chain don’t appear to be stopping. Zuma Pelli Pregiate group (headquartered in Castelfranco di Sotto) acquired Conceria Centrorettili, located in Santa Croce sull’Arno. This deal involves two leading enterprises specialized in tanning exotic hides that will join forces to unite their client portfolio. “The acquisition was conducted because the amount of work done in […]
Reduced its carbon footprint by 51% and waste production by 23%. These are the two key datapoints present on the 2nd Sustainability Report posted by Gruppo Mastrotto. “The progressive reduction of our social, economic and environmental impact must be the leading concept for our choices, so that we may guarantee the presence of a better […]
Dani’s green approach was (once more) awarded the Gold rating by Ecovadis. A confirmation, given that for 4 straight years now, Ecovadis has evaluated the sustainability vision of the Vicenza-based tanning group and placed in the group of enterprises deserving the Gold rating (only 5% of the total evaluated). A result that was most welcomed […]
The focus to identify the forecasts of the upholstery segment in 2023 is mostly East. Specifically, the Asia-Pacific area, which is an important area for the luxury segment, along with China, which hosts 29 of the top 100 manufacturers of the world. But China is also a country that reduced the purchase of Italian leather...
If even a news source such as Business of Fashion, US/UK fashion news source, wants clarity over vegan alternatives to leather, then it must mean the wind is changing. We come from a period during which the press in general has welcomed with enthusiasm, or at least positive curiosity, any new material that imitates leather...
Should Balenciaga now be given an award? Now, that the brand is at the centre of a storm for two unfortunate (understatement) advertising campaigns in which many have recognised a misunderstood way of dealing with the issue of child abuse? Here, Business of Fashion answered the question: no. The influential fashion publication was planning to […]
