Leather goods
China’s personal luxury market grew by 36% in 2021
Chinese consumers spent around 471 billion yuan (74.3 billion US dollars) on personal luxury goods last year, despite challenges posed by the COVID-19 pandemic
Portugal regulates leather authenticity
The law defines the term “leather” and regulates its use, recognizing the need to protect the sector from deceptive business practices. The term can no longer identify materials that are not of animal origin
Ferragamo announces preliminary results for full year 2021
The Italian-based luxury group has reported revenue growth of 29.6%, reaching 1.14 billion euros, as compared to 2020. Footwear and leather goods sales represented the main share
LVMH posts revenue above pre-pandemic levels
The luxury group has reported strong growth over 2021, following the disruption of the first half of 2020 resulting from the global pandemic. Revenue for the full year reached 64.2 billion euros
Pakistan footwear exports increase in value
In the first half of the current fiscal year, Pakistani footwear exports grew by 12.37% in value, totalling 72.79 million US dollars. Leather footwear exports increase in value, but decline in volume
Burberry announces full-price sales increase
The UK-based luxury group has reported that, in the third quarter of fiscal 2022, full-price sales increased driven by a strong performance in outwear and leather goods and in the US market
La Maison des Startups LVMH chooses 23 new startups
The luxury group has selected 23 new startups to join in the accelerator programme La Maison des Startups LVMH, which fosters the development of innovative solutions for the luxury industry
Roberto Vago (ASSOMAC): sustainability is not a marketing idea, but a realistic idea
Today, we bring the highlights of a conversation with Roberto Vago, Managing Director of Assomac, the National Association of Footwear, Leathergoods and Tanning Technologies' Manufacturers in Italy. We have talked about the impacts of COVID-19, sustainability and Industry 4.0, amongst other topics
MICAM postponed to March and Lineapelle confirms February
MICAM has announced that the upcoming edition will be held from the 13th to the 15th of March, instead of the initially scheduled date from 20th to the 22nd of February
Capri on the way to achieving full LWG certified sourcing
The group has said in its 2021 corporate social responsibility report that 85% of the leather sourced by its brands came from Leather Working Group (LWG) gold and silver-rated tanneries
Bangladesh: leather exports on the rise
In the first five months of the current fiscal year, the Bangladeshi leather industry reported exports growth across all segments, exceeding the set targets
Pakistan: footwear and leather exports in surging mode
In the first 4 months of the current fiscal year, footwear exports increased by 12.02% in value, generating 47.71 million US dollars. Leather manufacturers exports grew in value by 8.43%
CTC teams up with Ars Tinctoria
The French-based company of quality assurance and consulting services for the footwear and leather industries has announced a partnership with the Italian laboratory Ars Tinctoria
Versace appoints Cedric Wilmotte as Interim CEO
The global fashion luxury group announced the appointment of Cedric Wilmotte as Interim Chief Executive Officer of Versace. This will be effective from the 17th of January onwards
Tapestry raises full-year outlook
The New York-based luxury group, owner of Coach, Kate Spade and Stuart Weitzman, announced revenue growth of 26% in the first quarter of fiscal 2022, totalling 1.48 billion US dollars-
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