Leather goods
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
French footwear exports in growing mode
In the first eight months of 2021, French footwear exports increased by 19%, totalling 2.58 billion euros, as compared to the same period of 2020. Leather goods exports have also grown by 34%
ACLE to be rescheduled to 2022
The organisers of All China Leather Exhibition 2021 have taken the decision to reschedule the event, due to be held at the Shanghai New International. ACLE will now be held from the 31st of August to the 2nd of September in 2022
Capri raises full-year outlook
The fashion luxury group has reported revenue of 1.3 billion US dollars in the second quarter of fiscal 2022, driven by strong performances of its brands Michael Kors, Jimmy Choo and Versace
Footwear and leather industry in Pakistan continues to rise
According to the latest data by the Pakistan Bureau of Statistics (PBS) during the first 3 months of the current fiscal year the leather manufacturers exports increased by 5.99% in value. Footwear up by 15.23%
Leather industry in Bangladesh continues the growth path
In the first three months of the new fiscal year, the leather industry in Bangladesh has reported growing exports in its categories. Other footwear (non-leather) with declining exports
IULTCS EuroCongress 2022 will discuss the future of leather
The third edition of the IULTCS EuroCongress, which will take place from the 18th to the 22nd of September 2022 in the Vicenza Convention Centre, takes shape as call for papers is underway
Hermès reports strong growth
In the third quarter of 2021, the group’s consolidated revenue totalled 2.37 billion euros driven by an upturn in sales in Europe, an acceleration in America and a sustained dynamic in Asia
Kering reports solid revenue growth
The luxury group announced a steady revenue growth in the third quarter of 2021, reaching 4.19 billion euros, up by 12.2% as compared to the same period of 2020. Gucci decelerates
Vietnamese footwear exports plunge in September
Data from the Vietnamese Ministry of Industry and Trade indicates that footwear exports have decreased by 44.2% to 678.4 million US dollars, on a comparable basis to similar month in 2020
LVMH reports continued growth
In the first 9 months of 2021, the French-based luxury group had revenue of 44.2 billion euros, up by 46% year-over-year. The Fashion & Leather Goods segment registered exceptional growth
The Journey: get to know Portuguese Leather Goods
APICCAPS has just launched a new campaign for the leather goods sector. It is called The Journey. Watch the video here
Tod’s CEO exits
The Italian-based luxury goods group has announced the exit of its CEO, Umberto Macchi di Cellere. The position will be occupied by Chairman Diego Della Valle and Vice-Chairman Andrea Della Valle
A growing mode Capri will announce second quarter results in a month
The global fashion luxury group, owner of brands Michael Kors, Jimmy Choo and Versace, will disclose the results for the second quarter of the fiscal year 2022 on the 3rd of November-
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