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- Italy’s leather and fashion sectors shedding jobs at scale, with more than 700 redundancies
announced recently - A divergence of luxury demand whereby upholstery leather prices have fallen by 1.2% while
Richemont posts 11% Q3 sales growth - The rare bright spot of electric vehicles, emphasised by Audi’s delivery of 223,000 EVs in 2025
- Global hide prices under pressure, with Brazil’s prices down and China stagnating ahead of the
Lunar New Year - Early signs of downward price corrections in the U.S.
- The reshaping of trade policy, including effects of the EU-Mercosur agreement
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