Leather goods
Argentina: SME retail sales dropped in May
Retail sales from small and medium businesses fell by 3.4% in May, year-over-year, and by 8.9%, as compared to April. Price and cost increases affected profitability and consumer’s confidence
Nigeria's leather industry to generate 1 billion USD by 2025
The figure was reminded by Sinmi Olayebi, Programme Lead at My World of Bags, following the recent conclusion of the Kafawa Training Programme, implemented to help drive growth for the leather sector
Capri with revenue and earnings increase
The luxury fashion group reported that revenue and earnings for the full year of 2022 exceeded expectations. Total revenue amounted to 5.65 billion US dollars
New Generation: meet André and Teodolinda
André Rosário and Teodolinda Semedo are the two mentors of PickPocket, a Portuguese brand that reuses materials that are no longer circulating in the leather goods market to make bags, backpacks and wallets
Pakistan: strong ten months for footwear exports
In the first ten months of the current fiscal year, footwear exports grew by 21.16% in value, totalling 130.1 million US dollars. Leather footwear exports represent roughly 79% of the total
Arnaud Haefelin: exports are the main driver of the French leather goods sector
We spoke with Arnaud Haefelin, who is the President of the French Leather Goods Federation (FFM), to discuss the priorities of his third term at the helm of the association
Bangladesh: leather exports grow across all segments
From July 2021 to April 2022, leather exports generated 1.01 billion US dollars, reflecting growth of 33% year-over-year. Leather footwear exports represent about 60% of the total revenue
Indian leather exports increase by 33%
Revenue from leather and leather products exports in the first eleven months of the year grew by 33.07% over the same period last year. Leather footwear exports contributed the most
France: footwear exports on the rise
International trade data released by the French National Leather Council (Conseil National du Cuir or CNC) shows that footwear exports continued to grow at a faster rate than imports in 2021
Kering invests in Lab-Grown Leather Startup
The French-based luxury group participated in a 46 million USD funding round meant to fast-track the commercialization of the Californian-based VitroLabs’ cell-cultivated leather
Kering reports solid performance
The French-based luxury group posted solid growth in the first quarter of 2022. However, COVID-19 restrictions in China since March have weighed down on results, especially Gucci’s
APLF Dubai closes with renewed optimist despite global uncertainty
The APLF Special Edition in Dubai, held from the 30th of March to the 1st of April, welcomed a total of 463 exhibitors from 34 countries, and 6 000 buyers from 88 countries and regions
Hermès reports strong sales across all segments
The French-based luxury group reached revenue of 2.77 billion euros in the first quarter of 2022, thanks to the acceleration in all the business lines and sustained growth in leather goods
LVMH off to a good start in 2022
The luxury group reported revenue growth in the first quarter of 2022, but remains vigilant due to "the current geopolitical context and the ongoing impact of the pandemic”, especially in China
Bangladesh: leather exports continue on growing mode
In the first nine months of the current fiscal year, the Bangladeshi leather industry reported growth across all segments, remaining ahead of its strategic growth targets-
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