Brazilian meat sector wants wet-blue export tax scrapped

Brazil
Published:  24 November, 2017

Established in December 2000 at a rate of 9%, Brazil’s meat sector claims the export tax on wet-blue is no longer justifiable and hinders improvement in the quality of domestic leather.

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Fire damages Kolkata leather goods maker

India
Published:  24 November, 2017

A fire broke out at a leather goods manufacturing unit in Kolkata, India, on November 24.

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Taiwanese start-up to rival Tesla with new supercar

Taiwan
Published:  24 November, 2017

The Taipei-based electric powertrain start-up has announced it is testing the world’s first electric supercar, with on-road and off-road capabilities and a patented immersion cooling technology that seeks to respond to the needs of the electrical vehicles market.

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European demand for alternative fuel cars on the rise

Europe
Published:  24 November, 2017

New car registrations in Europe increased 5.6% totalling 1,202,877 registrations in October 2017, with the AFVs (alternative fuel vehicles) category recording its second highest market share ever.

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TFL joins Leather Naturally

Worldwide
Published:  23 November, 2017

Specialty chemical supplier TFL has announced it is joining the Leather Naturally initiative in a move to take further responsibility in the leather value chain.

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Pecca Group to supply seat cover to domestic airlines

Malaysia
Published:  23 November, 2017

Malaysian leather upholstery supplier Pecca Group is to finalise seat cover sales agreements with local airlines and says it aims to expand its monthly car seat production capacity to 17,000 seats by April 2018.

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Australian meat sector targets carbon neutral by 2030

Australia
Published:  23 November, 2017

Speaking during the annual meeting of Meat & Livestock Australia (MLA) on November 22, Managing Director Richard Norton said Australia’s red meat industry can be carbon neutral by 2030.

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LWG attributes 13 gold awards

Worldwide
Published:  23 November, 2017

The Leather Working Group (LWG) has attributed ta total of eighteen awards to tanneries worldwide in November.

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Hyundai to extend SUV range

Worldwide
Published:  23 November, 2017

The South Korean carmaker plans to expand its share in the SUV segment with the launch of eight new models in the next three years.

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Expert panel discusses the true value of leather

United Kingdom
Published:  23 November, 2017

Sustainable leather making, chemical transparency and modern slavery were among the topics discussed by a panel of industry experts at the Leather & Sustainability in Retail conference in London on November 16.

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GST AutoLeather cleared for acquisition bidding

United States
Published:  22 November, 2017

Under the company’s plan, bids to acquire the Michigan, U.S., based supplier of premium leather for automotive interiors will be received until January 8, 2018.

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Addressing Modern Slavery in the supply chain

United Kingdom
Published:  22 November, 2017

A leading legal expert outlined some of the legislative obligations for companies and organisations relating to the UK Modern Slavery Act 2015. Michelle Linderman, World Trade Solicitor from law firm Crowell & Moring addressed the Leather & Sustainability Retail conference in London on November 16.

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Russia to temporarily ban Brazilian beef imports

Russia
Published:  22 November, 2017

Russia's veterinary and phytosanitary service, Rosselkhoznadzor, announced on November 20 that it will impose temporary restrictions on imports of Brazilian beef and pork as of December 1, 2017.

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Pittards inaugurates new shoe factory in Ethiopia

Ethiopia
Published:  22 November, 2017

UK headquartered leather manufacturing Group, Pittards, has opened a new shoe factory in Ethiopia.

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Decker’s Board defence against activist investor

United States
Published:  21 November, 2017

In the battle to keep its Board of Directors unchanged in view of the upcoming annual shareholders’ meeting, Deckers has described how activist investor Marcato has a ‘shortsighted and value destructive agenda’ in a letter sent to all the stockholders on November 17.

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Plot allotments underway for Sohna’s Mega Leather Cluster

India
Published:  21 November, 2017

Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has opened online applications for 132 industrial plots of different sizes to be allocated at the Mega Leather Cluster in Sohna, situated close to New Delhi, India.

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Groupe Renault enters Pakistan's car market

Pakistan
Published:  21 November, 2017

The French car manufacturer and UAE’s Al-Futtaim announced on November 20 that a definitive agreement has been signed for the exclusive assembly and distribution of Renault vehicles in Pakistan.

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Vietnam’s footwear exports forecast to increase

Vietnam
Published:  21 November, 2017

A meeting held in Ho Chi Minh City on November 17, organised by Vietnam’s Ministry of Industry and Trade and the European Trade Policy and Investment Support Project (EU-Mutrap), discussed the opportunities for exporters when the Europe-Vietnam Free Trade Agreement (EV-FTA) takes effect in 2019.

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Majority of Old Cairo’s tanneries relocated

Egypt
Published:  21 November, 2017

Sherif Ismail, Egypt’s Prime Minister, announced on November 20 that 70% of the tanneries operating in Old Cairo have been relocated to the new leather complex in Robbiki.

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Exports of U.S. wet-blue offset by European demand

United States
Published:  21 November, 2017

The latest figures from the USDA, the United States Department of Agriculture, for cattle and calves on feed confirm the consistent growth of inventories compared with 2016. 

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Wollsdorf Leder invests in new Mexico plant

Mexico
Published:  20 November, 2017

Water resource constraints at its main manufacturing site has led the Austria-headquartered automotive leather tanning specialist to invest €40 million in a new plant located in León, Mexico.

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More exhibitors expected at Simac Tanning Tech 2018

Italy
Published:  20 November, 2017

The organisers of the international exhibition of machinery and technology for the footwear, leather goods and tanning industries, Assomac, say demand for exhibition space at the upcoming 2018 edition has grown.

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Faurecia to reveal new connected seat cover at CES

United States
Published:  20 November, 2017

The French car components manufacturer is to reveal major disruptive innovations for a personalised and safe on-board experience in the versatile, connected and predictive ‘Cockpit of the Future’, at the upcoming Consumer Electronic Show (CES) taking place January 9-12, 2018 in Las Vegas.

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New European course on comfortable fashion footwear

Europe
Published:  20 November, 2017

The European Erasmus+ Fit2Com project, which aims to create a new qualification profile and training for comfortable fashion footwear, will launch a pilot to test the course contents in early 2018.

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Lanxess forecasts record year

Worldwide
Published:  17 November, 2017

The specialty chemicals manufacturer says it is on course for the highest earnings in its history following an excellent third quarter of 2017, and has announced that it has made considerable headway in reducing climate gas emissions (CO2e).

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Two new tannery zones earmarked for Bangladesh

Bangladesh
Published:  17 November, 2017

Sheikh Hasina, Bangladesh’s Prime Minister, has announced the Government is to set up another two environment-friendly leather industrial estates in the country.

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Retailer Next outlines importance of transparency to reduce modern slavery risk

United Kingdom
Published:  17 November, 2017

Chris Grayer, Head of Supplier Ethical Compliance at UK based High Street and online retailer Next PLC, gave a keynote presentation the topic of Modern Slavery and the Importance of Transparency at the Leather & Sustainability in Retail Conference in central London on November 16. The presentation gave a unique insight of the issues Next faced as an organisation to tackle modern slavery.

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Leather Naturally tells brands to be aware of ‘fake news’ about leather

Worldwide
Published:  17 November, 2017

Egbert Dikkers, Chairman of the Leather Naturally steering committee, advised attendees at the Leather & Sustainability in Retail conference held in London on November 16 to be aware of misinformation as well as ‘fake news’ reported in the mainstream and social media about leather and the way it is made.

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Lear Corp CEO announces retirement

United States
Published:  17 November, 2017

Global supplier of automotive seating and electrical systems, Lear Corporation, announced that Matt Simoncini has elected to retire as the Company’s President, CEO and Director.

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Participation in trade shows boosts Brazilian footwear exports

Brazil
Published:  16 November, 2017

Between January and October 2017, the Brazilian footwear sector exported almost 100 million pairs of shoes to over 150 different countries.

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Ferragamo's new Vara Rainbow bag collection

Drop in core profits for Ferragamo

Italy
Published:  16 November, 2017

The family-owned luxury Italian fashion brand has reported a 25.1% fall in gross operating profit for the first nine months of 2017.

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Adient invests in automotive seats prototyping in India

India
Published:  16 November, 2017

The U.S. headquartered supplier of automotive seating, parts and components, is investing US$30 million in a new automotive seat prototyping and testing facility in Pune, India.

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Revenue growth for Yue Yuen

Hong Kong
Published:  16 November, 2017

Branded footwear manufacturer, Yue Yuen Industrial Holdings, has announced a 6.7% increase in revenue to US$6,718.0 million in the first nine months of 2017, compared with the same period in 2016.

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Freiberg Leather Days call for papers

Germany
Published:  16 November, 2017

The 7th edition of Freiberg Leather Days annual conference takes place in Freiberg, Germany, on June 13-14, 2018.

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Former Wolverine tannery accused of contaminating drinking water

United States
Published:  15 November, 2017

An old tannery dump owned by Wolverine Worldwide in Belmont (MI), U.S., has been accused of polluting local water systems. The Group has been distributing bottled water to local residents while tests take place.

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Minerva Foods benefits from JBS assets

Brazil
Published:  15 November, 2017

A fall in cattle prices, the incorporation of JBS’ Mercosur beef processing operations and the beginning of a recovery in domestic meat sales, are said to have boosted the performance of Minerva Foods in the third quarter of 2017.

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Third quarter revenue growth for Marfrig

Brazil
Published:  15 November, 2017

Marfrig’s Brazilian units recorded sales volume growth of 36% in the third quarter of 2017 compared with the corresponding period in the prior year.

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Wolverine Worldwide reviews full-year earnings guidance

United States
Published:  15 November, 2017

Wolverine Worldwide, owners of footwear brands such as Hush Puppies, Merrel and Keds, has posted the financial results for the third quarter ending September 30, and updates its full-year revenue and earnings guidance.

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Stahl partners on project to clean up the Ganges

India
Published:  15 November, 2017

Dutch chemical supplier Stahl together with partners Solidaridad, PUM Netherlands senior experts and a number of Indian partners officially launched a public-private partnership to clean up the Ganges on November 13. The project aims to make the Kanpur Leather Cluster more sustainable by implementing new working methods and technologies with a lower environmental impact. 

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JBS reduces debt and posts decline in net profit

Brazil
Published:  14 November, 2017

Brazil’s meatpacking giant has posted a net profit of R$323 million (US$98.5 million) in the three months to September 30, 2017, down from R$887 million (US$270.5 million) in the corresponding period the previous year.

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Volkswagen invests in new SUV plant in Argentina

Argentina
Published:  14 November, 2017

Pursuing with its strategy for South America, the German carmaker announced it is investing some €560 million over the next five years in the production of a new SUV in Pacheco, Argentina. 

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Tyson announces record results and new acquisition

United States
Published:  14 November, 2017

Tyson Foods has completed the acquisition of Philadelphia-based Original Philly Holdings, one of the leading producers of raw and fully-cooked sandwich steak and cheesesteak appetizer products in the U.S.

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Pakistan wants export restriction on raw materials

Pakistan
Published:  14 November, 2017

Leather sector representatives and manufacturers in Pakistan say export restrictions on raw hides and semi-finished products such as wet-blue could boost the value-added industry.

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Richemont acquires Italian leather goods brand

Italy
Published:  14 November, 2017

The Switzerland-based luxury goods holding, which has posted a 10% increase in sales for the six months ended September 30, has acquired Italian leather goods brand Serapian.

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Wollsdorf Leather announces new aviation contract

Austria
Published:  13 November, 2017

Austria based high-end upholstery tanner, Wollsdorf Leather, has been commissioned to equip approximately 100 aircrafts.

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Former Stahl Director passes away

Worldwide
Published:  13 November, 2017

The Netherlands based chemical manufacturer Stahl has announced that Philip Rothwell, who worked for the Company for over 36 years, passed away on November 8 at the age of 79.

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Leather event focusses on water usage optimisation

Spain
Published:  13 November, 2017

Leather chemical manufacturer Stahl and the Igualada Leather Cluster located near Barcelona have provided practical insights in optimising water usage in leather production during a one-day event held in the town on November 9.

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Indian leather exports remain flat

India
Published:  13 November, 2017

A reduction in the Government’s duty drawback incentive to 2.6% and delays in the Goods and Services Tax (GST) refund could lead India’s leather exports to remain flat this fiscal year.

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U.S. and China drive Adidas Q3 sales

Worldwide
Published:  13 November, 2017

Third quarter 2017 sales are reported to have continued to deliver strong financial performance, with sales in Greater China and North America increasing at double-digit rates.

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Bangladesh’s exporters demand stable tax roadmap

Bangladesh
Published:  10 November, 2017

Representatives from various industry associations in Bangladesh, including from the leather sector have demanded long-term and stable tax and energy polices in order to secure future investments.

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