荐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
荐South Africa calls for more economic cooperation with Namibia
South African’s President Cyril Ramaphosa has urged business leaders from both countries to further develop cross-border value chains in key areas such as leather to boost their economic development
荐Exceptional growth for Brunello Cucinelli in 2023 so far
Brunello Cucinelli has reported its financial results for the first nine months of 2023, when revenue was up by 27.5% at current exchange rates to ?18.4 million (up 28.8% at constant exchange rates).
Colombian leather exports continue to fall
According to the Colombian Ministry of Commerce, Industry and Tourism (MinCIT), leather exports declined at an average annual rate of 8.5% from 2015 to 2022
荐Bangladesh’s leather footwear exports fall by 33%
Bangladeshi leather exports declined by 18.44% between July and September, as compared to the same period of last fiscal year, with the leather footwear segment suffering the biggest blow
荐Shoe Zone reports full year sales growth
The UK-based retailer reported a 6.1% growth in revenue in its unaudited trading update for fiscal 2023, as compared to the prior year. Its full year profit outlook has also increased
荐Bottega Veneta launches artisan academy
Bottega Veneta has announced the launch of the Accademia Labor et Ingenium, which will train and hire 50 students a year.
荐Indian leather orders at risk in Israel/Hamas conflict
Around Rs500 crore (US$60 million) in leather orders for Israel from Kanpur exporters are reportedly on hold or awaiting payment.
荐C & J Clark International recorded a decline in sales and profits in 2022
The operating subsidiary of the British footwear retailer Clarks saw its turnover and profits fall last calendar year due to supply chain issues following the COVID-19 pandemic
荐Coats Footwear collaborates with Lenzing
Coats footwear division and the Austrian-based producer of cellulose-based speciality fibres have joined forces to create the footwear industrys first synthetic-free engineered uppers and fabrics
荐Wolverine Boots sells 140 pairs for 1.40 USD to celebrate its 140 years
The division of Wolverine Worldwide is giving 140 people the opportunity to purchase its limited-edition 1000 Mile Boot for 1.40 US dollars on the occasion of its 140th anniversary
荐Business of Fashion with APICCAPS: Inside the Future of Footwear
BoF and the Portuguese Footwear Association co-hosted a panel discussion on the rapidly evolving footwear industry with CLINTS founder Junior Clint, Maria Jos Ferreira, head of research and development at the Portuguese Footwear Research and Technical…
荐Peru: leather and footwear production has not yet reached pre-pandemic levels
In 2020, the Peruvian leather and footwear production fell by around 30% and, despite some recovery in the following years, has not yet reached pre-pandemic levels
荐Nike First quarter brings further growth for Nike
Footwear brand Nike has reported its financial results for the first quarter of fiscal 2024, with revenue growth of 2% year-on-year to US$12.9 billion.
荐LVMH's Métiers d’Art acquires Spanish tannery Grupo Verdeveleno
The LVMH subsidiary designed to preserve the groups expertise in luxury raw materials and craftsmanship has acquired the Grupo Verdeveleno, a Spanish tannery specialising in exotic skins