Constantly increasing prices: is it the right choice? Luxury brands do it to increase the desirability of products. They speak to consumers that have no problems spending their money, especially if they are particularly young, as they don’t look at the price difference of a product with three years ago. <yet, according to some, this...
MSCHF’s first bag is made of leather and is made in Italy. In the sense that it was made in Texas. No, there is no mistake. Italy is not our country, but a small Texas town of 2,000 souls. Behind the simple homonymy, there is a deeper provocation that the famous Brooklyn-based art collective wants […]
The president and CEO Pietro Beccari had just announced it: “We will make integration across its chain in Italy and France”. Just a week after saying so, the brand moved from words to facts, because Dior bought Art Lab, Tuscan company specialized in digital prints and manual finishings on leather. Art Lab has expanded its business this...
There are two reasons why Jonathan Akeroyd chose Daniel Lee to head Burberry‘s style direction. The first is chauvinistic, so to speak: to bring back, after Riccardo Tisci, an Englishman to head the British brand. The second is curriculum-related: because Lee is a former Bottega Veneta. And for Burberry, which wants to double its share...
Know-how in the luxury segment in France is “desperately” needed. That’s how Le Figaro titled its analysis on the situation in France, which also has to do with Italy: the search for specialized artisans. This means that workers such as leather workers and embroiderers are very difficult to find. According to Comité Colbert, the association that […]
The CEO wants 2023 to be the year of “a new start”. And that is why Bikkembergs‘ plans include a five-year agreement with Factory. The Fucecchio-based company, specialised in leather clothing and owner of the DROMe brand, will be entrusted with the task of producing and distributing the Men’s and Women’s lines designed by fashion […]
The export of India’s leather chain is doing well: it’s proven by the growth percentage of its segments. But this positive performance shows signs of opacity starting in October, that threaten to turn into darkness later on. Data recorded for the first fiscal semester of 2022 show a strong increment of shoes’ exports: +37%. Leather...
Dami, Del Papa and Top Model, founded company chain Nos, with the goal of providing a better client service, the three Marche-based companies of the footwear segment (funds), join forces. They do so by creating a minichain capable of conquering new markets, but also strengthen and speed up production, reducing environmental impacts and develop innovative […]
“Twenty for the group and one for me”. These are the red noses, made of leather and not plastic, commissioned at the height of the pandemic to Giovanni Balzaretti, a Piedmontese mask maker (but with a workshop in Livorno), by Hunter Doherty Adams. In other words: Patch Adams, the American doctor who brought clowntherapy to […]
A startup with 100 years of history. It comes from Tolentino, Marche, the news regarding the reopening of production and sale programs of one of the eldest Italian tanneries. The investments made by Invitalia and AVM Sustainability are relaunching Conceria del Chienti (CTC). Founded in 1923, the company went through a few complicated periods that […]
Developing in France and Europe with a diversified offering. It’s one of the goals with which the OPA on Le Tanneur (launched by Qatar Luxury Group and Tolomei Participations) was presented. The two shareholders own 93.8% of the French company’s capital, but they want to reach 100%. That’s why the need to convince the owners of 202,853 shares […]
There are many benefits to the commerce of exotic leather. From the repopulation of species to economic advantages for local communities. The World Wildlife Trade Report launched by World Wildlife Conference or Cites CoP19 (Panama, November 14th through 25th) showcases the positive effect of the trade during its first edition. This report provides in-depth analysis over...
Talent, depending on age, must be sensitised, selected, trained. And training does not stop at the moment of recruitment, but rather, it continues. This is the spirit of the LVMH group’s Métiers d’Excellence: continuous training that allows employees, once they have become masters (or “virtuosos”), to pass on their skills. Following this logic, the group’s...
An identity element, first and foremost. So much so an identity, that it literally allows the nose to discern the real from the fake. But also a bond, that between leather and its perfume, which creates worlds and through synapses leads to something new. It is an ancient story, rooted in the history of the...
Burberry aims to reach a revenue of 5 billion UK pounds in the long-term. It means (almost) doubling the 2.83 billion with which it closed its last fiscal year in March 2022. How? By doubling sales of leather goods, shoes and prêt-à-porter for women. This also means growing accessories’ sales to account for over 50% […]
Luxury pushed ICF – Industrie Chimiche Forestali towards record revenue. From about a 60 million euro revenue in 2020, the group headquartered in Marcallo con Casone (Milan), which also controls ABC, Durabond and Morel, surpassed pre-pandemic levels and closed 2021 with 76 million euro. For 2022, the forecast says 88 million. The costs’ increase eroded the margins of the […]
“The market continues to award us: up until now we have done well”, says Dior’s Pietro Beccari to MFF. The president and CEO asserts the good results of its last 5 years: “Beating records is in our DNA”. Even so, Dior fears a recession is coming. And that’s why it talks about caution, even […]
The leather goods factory in Tuscany. The shoe factory in the Marche. This collaborations with training institutes. It is no coincidence that Fendi, when investing, chooses Italy. What great international brand, after all, relies on chance for strategic choices. Nor is it simple localism: a Roman brand relies on nearby territories. Fendi’s pole star, explains...
For Francesca Bellettini, the premise is a must: the brand invests in the value of manufacturing. This is why she is proud of the operation for the new leather goods factory in Scandicci, and the expansion of the shoe factory in Veneto, planned for 2024. Nevertheless, YSL does not acquire suppliers, it does not participate...
Listening to Claudia D’Arpizio’s statements made on the stage of Osservatorio Altagamma 2022 (in photo), one detail stood out. The Bain & Co.’s Senior Partner utilized the term “dystonic” more than once. That’s because there is something wrong wand not coherent with the fact that, given war, inflation and pandemic, the coming period is likely...
