“The Beauty of the Italian Tanning Industry is a project that confronts the public with the possibility of shedding light on the most beautiful leather in the world and those who produce it: Italian tannery”. These are the words of Fulvia Bacchi, General Manager of UNIC – Italian Tanneries (a member association of Confindustria Moda). […]
The date is for September 20-26, to coincide with Milan Fashion Week, in the heart of Milan. Spazio Lineapelle (Piazza Giuseppe Tomasi di Lampedusa), with Lineapelle Designers Edition, becomes a showcase for young and emerging designers who stand out on the fashion scene for the original and quality use they make of leather. The event, […]
Luxury brands are trusting in men’s accessories. Shoes and, even more, leather goods. The latter, for example, is worth 30% of the overall offering of Saint Laurent and 28% of that of Louis Vuitton. For Gucci, which has 37% of its total offering be accessories, “only” 19% is men’s. For footwear the percentage is of...
Ferragamo seems to have gone down the right path during the first half of 2022, in order to reach its goals: doubling revenue by 2026 to 2.3 billion euro. The Italian group closed the period with both revenue and margins above expectations. Ferragamo mainly has to thank the sales’ growth in Europe and the USA, […]
Over 22 billion pairs of shoes were manufactured in 2021. 2 billion pairs are still missing to reach pre-pandemic levels. Nine pairs out of ten come from Asia, the same continent that also eats up more than half the total consumption. China though, appears to be losing partial ground on its global leadership. Italy, which...
The elegant, leather shoe is back in fashion. And if Louboutin increases production, shoe designers are increasingly sought after, and their salaries on the rise, the Italian supply chain benefits. Many fashion brands regard the shoe as a “third pillar” after ready-to-wear and leather goods. In the years gone by, their business was licensed, whereas...
Dior is relying more and more on Italian production. So much for a return to France! The LVMH-owned brand is opening a new production plant in Fossò this September, dedicated to men’s shoes and sneakers. The factory will be located opposite the one that produces women’s shoes. Dior opens in Fossò “We intend to develop […]
Since, with mixed fortunes, she has been active in fashion with her own brand, she has already designed accessories such as clutches and crossbodies for her looks. But now, she is permanently introducing bags in her collections to push the brand’s growth path. Victoria Beckham has unveiled the first leather goods collection of the brand […]
Saloni, fairs and fashion shows. From September 16 to 26, fashion will light up Milan, with appointments that will follow one another and involve the entire supply chain and the entire fashion world. Neither the Russians nor the Chinese will be there, while the number of people from the dollar area is expected to increase. […]
The early feedbacks from the marketplace come from German fairs. On August 30th Shoes Düsseldorf (ex Gallery) closed its doors, after hosting at the Areal Böhler 300 exhibitors and 600 brands for three days. “More trends”, “more orders” and “more contacts”, is the slogan chosen for the 156th edition of the leather goods and accessories tradeshow...
With an M&A operation that closed last August 1st, Masoni Industria Conciaria, Tuscan company partially owned by the LVMH Métiers d’Art group, acquired a minority position of Ulivieri & Nardi’s capital. “Growing together with the territory is one of the most relevant goals for us – commented Fabrizio Masoni, CEO of Masoni, in a note -. […]
Production flexibility. Emphasis on innovation, safety and quality. Annual bonuses for more than 1,100 employees. And institution of Ethical Solidarity Hours, i.e. the possibility of donating hours of holiday and leave. Gruppo Mastrotto announces that it has reached an agreement on the company’s integrative contract hypothesis with the trade unions. ‘In one of the most […]
Handbags have become an increasingly important pillar for LVMH’s revenue. And that’s not just being said according to data. The French multinational cites in its report for the second quarter and first half of 2022, the success of a long list of models. For example: Lady Dior, Peekaboo and Baguette by Fendi, Triomphe by Celine...
It is a scorching summer for luxury. There is the boom in the US, of course. But also, the slowdown in China, the risk of the cryptocurrency crisis ruining the financial condition of many. Not to mention war and rising inflation. If wealthy customers care little about petrol prices, everyone else could keep their wallets...
“The strength of a company is knowing how to adapt“. For tanning group Vecchia Toscana, founded in 1957 in Ponte a Cappiano (Fucecchio), this is the secret to reaching 65 years of age and remaining competitive on the market. “My grandfather Guglielmo founded the company together with his brothers, then in ’81 my father took […]
It starts on September 18th, with an afternoon of welcoming activities and networking. A prelude to the following two days of intense and in-depth study on what the organizers of the third Eurocongress IULTCS (International Union of Leather Technologists and Chemists Societies) have called “Renaissance: Next leather Generation”. It will take place in Vicenza, and you […]
China struggles between one lockdown and the next one, the country’s tanning segment is late in progressing with its plans and the consequences can be seen in Brazil as well. The evolution of the pandemic still weighs on the international commerce of leather, and the People’s Republic struggles with high priced raw materials and in […]
Despite its means and plans, LVMH does not have an easy solution to labour shortage, either. “We have a record number of vacancies: still 2,000 left by the end of the year,” says Chantal Gaemperle, executive vice-president for human resources at the group. “We need workers in leather goods, jewellers, watchmakers, salespeople and in other...
The lack of labor slows the growth of companies around the world, Italy included. For many businesses in the leather segment, it’s the number 1 problem. It’s an operational emergency that puts production at risk. In Italy, northern companies try to find workers from the South of the country or even from abroad. Those that...
A seizure in Bari took place for probationary reasons, affecting “all Primadonna handbags denominated minibag con borchie and minibag borchiata in all colors”. It’s one of the first impacts of an investigation that began in May 2021 from the complaint filed by Valentino. The filed complaint had to do with two Primadonna stores in Lombardy for two handbags...
