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News » Latest News
Preliminary lawsuit settlement over defective bonded leather furniture
United States
Published:  17 February, 2017

A preliminary settlement has been reached in a class-action lawsuit filed against Florida based Kane's Furniture that accused the retailer of failing to honour lifetime warranties for defective "bonded leather" furniture that peeled, flaked and deteriorated.


United States cattle on feed up slightly 
United States
Published:  17 February, 2017

Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totalled 10.6 million head on January 1, 2017. The inventory was slightly above the level of January 1, 2016. 


Strong European new car registrations in January
Europe
Published:  17 February, 2017

The European car industry has continued to grow in January 2017 - with new car registrations for the month totalling 1.2 million units, a 9.4% increase when compared with January 2016. This is the second highest result for January in a decade, with the automotive market benefitting from an increased number of promotions and incentives across the 29 markets analysed. 


Another case of tannery theft in Italy
Italy
Published:  16 February, 2017

A major theft of hides in the premises of an Italian tannery might lead to the owners to close the business.


Lear to acquire European automotive seating Group
Worldwide
Published:  16 February, 2017

The European supplier of interior vehicle components has announced the divestiture of its Seating and Metal Business Unit to Lear Corporation, a leading global supplier of automotive seating and electrical systems. 


Russian tannery aims to squeeze Italian competition
Russia
Published:  16 February, 2017

Equipped with Italian machinery, a Russian tanner is aiming to increase its offer of high quality leathers, but cheaper than its Italian competitors, for the export market through its new manufacturing plant located about 200km from Moscow.


Italian luxury brands show support to footwear industry
Italy
Published:  16 February, 2017

The Milan based international footwear trade show which took place February 12-15, 2017 hosted 1,405 companies, of which 795 from Italy, including top end brands such as Ferragamo, Tod’s, Gucci and Prada.


PSA Group confirms merger talks with GM
Worldwide
Published:  15 February, 2017

PSA Group and General Motors have confirmed they are currently studying the expansion of the Alliance created in 2012, and are exploring the possibility of merging both companies.


Modern Meadow and Leather Naturally! discussion at SLTC conference
United Kingdom
Published:  15 February, 2017

The UK SLTC, the Society of Leather Technologists and Chemists, has confirmed the programme of its upcoming annual conference to be held on Saturday, April 22 at the University of Northampton.


Pakistan Mega Leather Show confirms 2018 dates
Pakistan
Published:  15 February, 2017

The organisers of Pakistan Mega Leather Show have confirmed the dates for its fourth edition in 2018, and aim to expand its exhibitor participation.


Leather sales help Prada’s revenues from falling further
Worldwide
Published:  14 February, 2017

Total consolidated revenue in fiscal 2016 for luxury Italian fashion and leather goods group Prada totalled €3.18 billion, down 9% at constant exchange rates (-10% at current exchange rates), but both the footwear and leather goods divisions reported improved results throughout the entire second half of the year.


Automotive Seating segment sustains Faurecia’s growth
Worldwide
Published:  14 February, 2017

The Automotive Seating business of the France based automotive parts manufacturer generated over €6.6 billion in sales in 2016, up 6.8% compared with 2015 on a reported basis. The Group has also revealed a new logo and tagline designed to reflect the beginning of an important new era in its development.


Brazilian exports of hides and skins contract in January
Brazil
Published:  14 February, 2017

The depreciation of the U.S. dollar in relation to the Brazilian real combined with a deceleration of leather consumption in China, Brazil’s biggest export market, are highlighted as the main reasons for a contraction in both value and volume in January 2017.


Frank Michel

ZDHC discuss leather value chain at Hong Kong conference
Hong Kong
Published:  14 February, 2017

Frank Michel, Executive Director, ZDHC Foundation, will be speaking at the forthcoming Sustainability in the Leather Supply Chain Conference to be held in Hong Kong on March 30, 2017, in parallel with the APLF.


Kanpur’s leather industry on a downturn
India
Published:  13 February, 2017

If the leather and leather goods sector remains Kanpur’s leading industry, several segments have suffered a slowdown or stagnated in recent years, impacted by a decline in global demand and a shift in the local population.


New online sourcing for the footwear industry
Worldwide
Published:  13 February, 2017

Launched on February 12, Total Shoe Concept is a comprehensive online sourcing tool for the footwear, leather and component supply chain.


Stronger domestic and export demand boost Tyson’s results
United States
Published:  13 February, 2017

American multinational Tyson Foods has reported record first-quarter profits, driven by a good performance in its beef and pork units.


Record operating income for Kering
Worldwide
Published:  13 February, 2017

The French luxury conglomerate has posted excellent results for 2016, with record-high operating income and a sharp acceleration in growth for the second-half.


Wet-blue still processed in Hazaribagh
Bangladesh
Published:  13 February, 2017

Raw hides and leather are still being processed in Hazaribagh despite the last ultimatum given by the Government on January 31, 2017.


China and India lead in 2016 global car sales
Worldwide
Published:  10 February, 2017

The global automotive industry showed its resilience in 2016 with 84.24 million units (Light Commercial Vehicles (LCV) and passenger cars) sold according to data just released. This is a 5.6% increase on 2015 and shows the sector’s strength amid the uncertainty of 2016. 


Shoe sector bids farewell to the GDS fair
Germany
Published:  10 February, 2017

Having taken place February 7-9 this week, the last ever footwear fair GDS was held at Messe Düsseldorf, Germany. This was the 123rd and final edition of the fair which until not so long ago was a “must attend” fair for footwear brands and retailers. 


2016 record year for SATRA’s chemistry team
United Kingdom
Published:  09 February, 2017

Building on the growth of previous years, the chemistry team at UK headquartered SATRA, has had its highest ever revenue in 2016 with turnover almost doubling over the past five years.


Natuzzi continues aggressive retail expansion plan
Italy
Published:  09 February, 2017

Natuzzi opened 54 new Natuzzi stores worldwide in the course of 2016, in particular, 17 in Europe, 9 in the Americas and 28 in Asia-Pacific. In 2016, Natuzzi grew its stores to a total of 396 and plans to continue aggressive growth in 2017


UNIC presents sustainability to brands in New York
United States
Published:  09 February, 2017

Held during the Lineapelle New York event at the Metropolitan Pavilion on February 1, UNIC (Italian tanners’ Association) and ICEC (Institute of Quality Certification for the Leather Sector) organised, in collaboration with the Italian Trade Agency (ICE), a seminar on leather and sustainability. Around 100 brand representatives and U.S. fashion houses attended the seminar, taking the chance to discover a new strategy proposed for sustainable leather management by UNIC and ICEC.


Leather helps Hermès to outperform sector rivals
France
Published:  08 February, 2017

In 2016, the France based luxury brand and leather goods specialist, Hermès had consolidated revenue that has passed the €5 billion threshold, amounting to €5202 million, up 7.5% at current exchange rates, and 7.4% at constant exchange rates. Sales growth was sustained in the fourth quarter (+8% at current exchange rates, and +7% at constant exchange rates). 


Ferrari posts record results
Italy
Published:  08 February, 2017

The Italian premium sports cars manufacturer has posted record 2016 results, with shipments increasing 5% compared with the previous year and net revenues up 9%.


EU firms weigh-up production costs in China
Europe
Published:  08 February, 2017

European manufacturers, including in the leather goods sector, are weighting the rising costs of manufacturing in China, with some deciding to ‘reshore production back home’.


BLC awarded ‘Certificate of Excellence’ for formaldehyde testing
United Kingdom
Published:  08 February, 2017

The UK based independent leather testing and technology centre, BLC Leather Technology Centre, been awarded a ‘Certificate of Excellence’ for proficiency tests in formaldehyde in leather (pt: iis16A09), as well as for free and released formaldehyde in textiles (pt: iis16A08).


Adient delivers strong first quarter results
Worldwide
Published:  07 February, 2017

Adient, a global leader in automotive seating and interiors, has announced strong first quarter 2017 results, with total revenue up 5% compared with the same period the prior fiscal year, and an increase in sales in the seating segment.


Toyota’s operating profit falls despite retail growth
Worldwide
Published:  07 February, 2017

The Japanese automotive manufacturer has reported a 39% decline in global operating profit in the fiscal third quarter ended December 31, 2016, and announced further investments in the U.S market.


Brazilian manufacturers mark presence in Colombia
Colombia
Published:  07 February, 2017

The Brazilian manufacturers of footwear, handbags, leather machinery and components participating at the upcoming edition of the International Footwear and Leather Show (IFLS) as well as at the Inputs Machinery and Technology (EICI) trade fair taking place February 8-10 in Bogota, Colombia, expect to exceed the amount of business carried out in 2016.


East African delegation targets Indian investment
India
Published:  07 February, 2017

Representatives from three East African countries of Kenya, Uganda and Tanzania exhibited at the recent IILF in Chennai with the aim of targeting greater business ties with India, with the support of a project co-ordinated by the Geneva based International Trade Centre (ITC).


Relocated tanneries pollute river in Savar
Bangladesh
Published:  07 February, 2017

Residents around the Savar Industrial Park claim the newly relocated tanneries are dumping liquid waste in the nearby Dhaleswari river, causing health hazards to the local population.


What did IILF 2017 indicate post-demonetisation?
India
Published:  06 February, 2017

The 32nd India International Leather Fair (IILF) concluded in Chennai on February 3. What can we gauge of the business mood of the domestic leather sector following the country’s leading leather industry trade fair, since the Modi governments demonetisation policy was introduced last November?


Sri Lankan leather and footwear to benefit from industrial hub
Sri Lanka
Published:  06 February, 2017

Following the positive export growth in the sector, the Government has announced it plans to set up Sri Lanka's first footwear and leather industry city in its Eastern Province.


AICC announces 2017 technical event agenda
Italy
Published:  06 February, 2017

AICC, the Italian Association of Leather Technologists and Chemists, has scheduled a series of conferences, technical meetings, seminars and training courses that will take place throughout 2017 across the three main Italian tanning districts.


CLE hosts international designers
India
Published:  06 February, 2017

India’s Council for Leather Exports (CLE) held the second edition of its Designers’ Fair from February 1-3, at the ITC Grand Chola hotel in Chennai forming part of its leather week along with the IILF and the upcoming IULTCS congress.


John Ramshaw

Record attendance for XXXIV IULTCS Congress
India
Published:  06 February, 2017

The 34th IULTCS International Congress officially began in the southern Indian city of Chennai on February 6. Following the formal opening ceremony, a record number of delegates listened the latest developments in science and research in the global leather industry.


CLRI hosts IULTCS reception
India
Published:  06 February, 2017

The Central Leather Research Institute (CLRI-CSIR) hosted a reception for international delegates ahead of the XXXIV IULTCS congress on February 4 at its headquarters in Chennai. 


Double-digit export growth for Brazilian components
Brazil
Published:  03 February, 2017

Brazil’s component sector for the fashion industry, aimed at the production of footwear handbags and accessories, registered double-digit export growth in 2016.


Premiere Vision Leather supports future talents
France
Published:  03 February, 2017

The international premium leather show for fashion professionals taking place February 7-9 in Paris will display the results of collaborations between Premiere Vision Leather (PVL) and leading specialist design schools from France.


Stahl to deliver presentation during Hong Kong Sustainability conference
Hong Kong
Published:  03 February, 2017

Specialist chemical manufacturer Stahl will be delivering a thought provoking presentation titled ‘Walking the Talk: How the leather chemicals industry is taking action on transparency’ at the upcoming Sustainability in the Leather Supply Chain Conference to be held on March 30, 2017 in Hong Kong.


Kering publishes report on sustainable supply chains for leather
Worldwide
Published:  02 February, 2017

French luxury conglomerate Kering, together with a group of 50 public-private industry leaders, has published a report on the challenges and opportunities when building more sustainable supply chains for leather.


Improved trend for Salvatore Ferragamo
Worldwide
Published:  02 February, 2017

The Italian luxury brand has posted preliminary consolidated revenues for fiscal 2016 up 1% at current exchange rates (-2% at constant), compared with the previous fiscal year, with a positive acceleration in the fourth quarter in most regions.


ICHSLTA to host AGM and cocktail reception in Hong Kong
Hong Kong
Published:  02 February, 2017

ILM and theSauerReport are pleased to announce that they will be the official media partner and sponsor of the upcoming International Hides, Skins and Leather Traders Association (ICHSLTA) annual cocktail reception taking place in Hong Kong on March 28. 


Thema System celebrates 30 years
Italy
Published:  02 February, 2017

Italian tannery machinery specialists Thema System has celebrated its 30th anniversary in front of 185 invited guests at an event in Tuscany.


Busy start to 32nd IILF
India
Published:  01 February, 2017

The 32nd edition of the India International Leather Fair began on February 1 and the halls and stands were very busy in what is the first major trade fair of the year for the leather industry. In total there are 460 exhibitors covering the whole supply chain. The fair takes place at the Chennai Convention and Exhbition Centre February 1-3. 


Indian leather sector could benefit from U.S. TPP withdrawal
India
Published:  01 February, 2017

The formal withdrawal of the U.S. from the Trans-Pacific Partnership (TPP) agreement could benefit India’s leather industry, it is claimed.


Net sales growth for Coach in second quarter
Worldwide
Published:  01 February, 2017

American leather goods company Coach has posted net sales of US$1.32 billion for the second fiscal quarter, an increase of 4% over the prior year on a reported basis.


Worldwide exports of U.S. wet-blue in decline
United States
Published:  02 February, 2017

Inventory of cattle and calves on feed for the slaughter market in the U.S. for feedlots with capacity of 1,000 or more head totalled 10.7 million head on December 1, 2016, down 1% year-on-year.


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