Leather goods
Tod’s delivers solid performance
The Italian-based luxury brand recorded a 14.3% increase in sales in the first nine months of 2023, as compared to the same period of 2022, with all brands registering double-digit growth
German industry association warns of new wave of insolvencies and closures
The German Trade Association for Textiles, Footwear, and Leather Goods (BTE) recalled that repayment of state aid under the pandemic approach, increasing the pressure on an already struggling sector
Hermès reports solid performance
From January to September 2023, the French-based luxury group’s revenue reached 10.1 billion euros, increasing from the 8.6 billion euros recorded in the same period of last year
APICCAPS launches campaign to promote leather goods abroad
The know-how accumulated over generations and the constant commitment to professional qualification appear to be the competitive trump cards of the Portuguese leather goods sector, which, in 2022, saw its exports grow by 39%
China and Belarus to strengthen bilateral cooperation in the leather sector
The China Leather Industry Association and the Belarusian State Light Industry Agency have signed a cooperating agreement to promote bilateral leather trade between the two countries
Prada announces partnership with ZDHC
The Milan-based group announced as a “Signatory Friend” the launch of the partnership with ZDHC - Zero Discharge of Hazardous Chemicals, the global multi-stakeholder initiative
Tapestry acquires Capri in 8.5 billion US dollars deal
The two houses announced that they have entered into a definitive agreement under which Tapestry will acquire Capri Holdings. Under the terms of the transaction the total enterprise value will be of approximately 8.5 billion US dollars
Hermès delivers a robust first half
The French-based luxury company's sales reached 6.70 billion euros in the first half of 2023, up from 5.48 billion euros in the same period of 2022, driven by strong momentum across regions
Assopellettieri names a new President
Claudia Sequi, Vice President of the Firenze-based Pelleterie Claudia, is the new President of the Italian Leather Goods Association for the 23/23 period. She succeeds Fabio Gabbrielli
Willian A. Parrado (ACICAM): it is important to discuss the integration of processes in Latin America
On the occasion of the Latin American Footwear Forum, taking place in Colombia, we spoke with Willian A. Parrado, Executive Vice President of ACICAM, about the challenges and opportunities of the footwear trade in Latin America today
Loewe opens first leather goods repair store
The Spanish luxury label has opened in Osaka (Japan) its first store entirely dedicated to the repair and maintenance of leather articles. A leather artisan will be in the store ready to repair and renew damaged products brought in
Burberry appoints Alexandra McCauley as Chief People Officer
Joining from the luxury fashion brand Chanel, Alexandra McCauley will manage Burberry’s People strategy globally. She will join the company’s Executive Committee while reporting directly to Burberry CEO Jonathan Akeroyd
CICB Sustainability Forum will be held at the Fimec Fair in 2024
The CICB Sustainability Forum will once again be held during Fimec (International Fair for Leather, Chemicals, Components, Machines and Equipment for Shoes and Tanneries), in Novo Hamburgo (Brazil)
Prada posts strong first quarter performance
The Italian-based luxury group started 2023 with revenue growth of 22% in the first quarter, year-over-year, driven by the high desirability of both Prada and Miu Miu brands
LVMH posts record annual sales
The French-based luxury group reported to have reached a revenue of 79.2 billion euros in 2022, with profit from recurring operations totalling 21.1 billion euros, both up by 23% over 2021-
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