Latest News - International Leather Maker

Skechers posts record annual sales

United States

Published: 14 February, 2020

International sales for the U.S. sports footwear brand increased 31.2% in 2019, while sales in the U.S. were up 13%.

Credit:Timberland

VF Corp temporarily closes 60% of its stores in China

China

Published: 14 February, 2020

The U.S. headquartered footwear and lifestyle apparel manufacturer said its financial results in the Asia Pacific region will be impacted by the coronavirus crisis in the near term, but the Group remains confident that it is well positioned to tackle the challenging situation.

New owner for Golden Goose

Italy

Published: 13 February, 2020

The Italian high-end sneaker brand has been sold to Permira Holdings, which owns the iconic British footwear label Dr Martens.

Tyson Foods appoints new Vice Chairman

United States

Published: 13 February, 2020

The U.S. meatpacker announced its lead independent Director has been given the additional role of Vice Chairman of the Board.

Balenciaga Karung bag

Kering reallocates China inventory to other regions

Worldwide

Published: 13 February, 2020

The French luxury conglomerate, which has posted consolidated revenue up 13.3% on a comparable basis to €15.88 billion in 2019, has closed half of its stores in China and is reallocating inventory to other regions of the word.

Leather Naturally provides update on Metcha

Worldwide

Published: 12 February, 2020

The Leather Naturally initiative has provided an overview of its global ‘Metcha’ campaign as of January 2020.

Credit: Kate Spade

Coronavirus impacting Tapestry business in China

Worldwide

Published: 12 February, 2020

The owner of Coach, Kate Spade and Stuart Weitzman brands has reported net sales of US$1.82 billion for its fiscal second quarter 2020, up from US$1.80 billion in the corresponding quarter of the prior year, a 1% increase on both reported and constant currency basis.

Micam Americas to be launched in Las Vegas

United States

Published: 12 February, 2020

Informa Markets, the organiser of footwear trade show Magic, has announced a partnership with Micam Milano to introduce the North American edition of the global event, Micam Americas.

Première Vision announces China event

China

Published: 12 February, 2020

Paris based Première Vision, which organises Première Vision Leather, has announced the launch of a new event in China, scheduled to take place in November 2020.

Lamborghini launches leather goods collection

Italy

Published: 11 February, 2020

To be on sale from spring/summer 2020, the collection consists of backpacks, trolleys, satchels, cross body bags, bags, belts and small leather goods.

Fully electric Volvo XC40

Volvo and Geely could merge into one company

Worldwide

Published: 11 February, 2020

Volvo Cars and Geely Automobile said they are considering a merger to create a single global group so as to accelerate financial and technological synergies between the two companies.

Leather veteran passes away

United Kingdom

Published: 11 February, 2020

Bob Higham passed away on January 30 at the age of 82.

ILM new podcast “Leather industry must adapt to survive”

Worldwide

Published: 10 February, 2020

The latest episode of the ILM podcast series “View from the top” is now available free of charge to download and listen to here, as well as via Apple Podcast and Spotify.

Course opportunities at Leather Research Laboratory in Cincinnati

United States

Published: 10 February, 2020

Educational and training opportunities offered by the Leather Research Laboratory at the University of Cincinnati in 2020 include a Leather Orientation course and Introduction to Leather Testing Workshop.

Aston Martin DBS

New investors to rescue Aston Martin

United Kingdom

Published: 10 February, 2020

In financial difficulties, the British luxury sportscar manufacturer is to focus on strengthening its balance sheet after what has been described as a "disappointing performance" in 2019.

APLF postponed to June 2020

Hong Kong

Published: 10 February, 2020

The organisers of APLF Leather, Materials+ and Fashion Access have decided to postpone the events to June 1 – 3, 2020.

Burberry materially impacted by coronavirus in China

China

Published: 07 February, 2020

The British fashion label has closed 24 of its 64 stores in Mainland China, with remaining stores operating with reduced hours and seeing significant footfall declines.

Veg tanned leather bag by Leit & Held

Leather industry hits back at another Vogue article

Worldwide

Published: 07 February, 2020

Egbert Dikkers from Leather Naturally and Kerry Senior from Leather UK have reacted to a new Vogue article, which puts forward the advantages of a mushroom-based material compared with leather.

Lower beef sales for Tyson Foods

United States

Published: 07 February, 2020

The U.S. meat processor posted adjusted first quarter 2020 earnings per share of US$1.66, up 5% year-on-year, and overall sales of US$10.8 billion (+1.4%), mainly driven by the pork and chicken segments.

Credit: Michael Kors

Third quarter revenue growth for Capri Holdings

Worldwide

Published: 06 February, 2020

The New York headquartered fashion Group, which owns the Jimmy Choo, Michael Kors and Versace brands, has posted a 9.2% revenue growth for the third quarter if its fiscal 2020, ended December 28, 2019.

Première Vision Leather announces new calendar for 2021

France

Published: 06 February, 2020

The leather trade show aimed at the fashion industry will be changing its calendar starting in 2021. The organisers said the move is designed to meet the requirements of a market in which collection creation and delivery timings have multiplied.

OEKO-TEX presentation at Leatherworld Paris

France

Published: 06 February, 2020

Companies from countries such as Bangladesh, China, Hong Kong, India, Pakistan and Turkey will be exhibiting at the forthcoming edition of the Leatherworld Paris trade show, to be held February 10 – 13 at Le Bourget exhibition grounds, on the outskirts of the French capital.

Nike store closures in China could impact results

Greater China

Published: 05 February, 2020

The global sportswear manufacturer has provided an update on the impact the coronavirus in China is having on its operations.

Deckers Brands posts record sales

Worldwide

Published: 05 February, 2020

Net sales for the U.S. headquartered footwear Group increased 7.4% to US$938.7 million for the third quarter of its fiscal 2020, up from US$873.8 million for the same period in the previous fiscal year. On a constant currency basis, net sales increased 8.4%.

Lineapelle to take place as usual February 19 – 21

Italy

Published: 05 February, 2020

The organisers said the scheduled dates of the international leather trade show remain unchanged despite the coronavirus concerns.

APLF could be postponed

Hong Kong

Published: 05 February, 2020

The organisers of the Asia Pacific Leather Fair (APLF) said they are considering contingency plans due to the coronavirus outbreak.

UK sportswear retailer buys stake in Mulberry

United Kingdom

Published: 04 February, 2020

Frasers Group, formerly known as Sports Direct, has acquired a stake in the British luxury leather goods brand.

Adient to sell stake in Yanfeng Global Automotive

China

Published: 03 February, 2020

The U.S. headquartered automotive seating manufacturer announced it has entered into a definitive agreement with Yanfeng Automotive Trim Systems (YFAI) to restructure their existing joint venture.

GST AutoLeather CEO to present Memorial Lecture at ALCA conference

United States

Published: 03 February, 2020

Randy Johnson, President and CEO of GST Autoleather, will present the 61st John Arthur Wilson Memorial Lecture on the occasion of the Annual Convention Annual Convention of the American Leather Chemists Association (ALCA).

Credit: Hogan

Sales decline for Tod’s Group in 2019

Worldwide

Published: 31 January, 2020

For fiscal year 2019, consolidated sales for the Tod’s Group totalled €916.1 million, down 2.6% from 2018, while revenues amounted to €238.4 million in the fourth quarter of 2019, up 1.7% from the same quarter in the previous year.

Paul Smith to stop use of kangaroo leather

United Kingdom

Published: 31 January, 2020

The iconic British fashion house is the latest brand to ban the use of kangaroo leather in its collections.

Freiberg Leather Days extends deadline for paper submission

Germany

Published: 31 January, 2020

The organisers of the event, which takes place June 18 – 19 in Freiberg, Germany, have extended the deadline for submission of technical papers.

Chinese demand for meat to reach its peak in 2020

Brazil/China

Published: 31 January, 2020

Chinese demand for imported meat is expected to reach its peak in 2020, according to Gilberto Tomazoni, CEO of meat processing giant JBS.

U.S. material trade show cancelled over coronavirus concerns

United States

Published: 31 January, 2020

Expected to be held on February 5 – 6 in Boston, U.S., the NE Materials Show has been postponed until further notice.

Higher revenues for Salvatore Ferragamo in 2019

Worldwide

Published: 30 January, 2020

Preliminary consolidated revenues for the Italian fashion house amounted to €1,377 million for the year ended December 31, 2019, up 2.3% at current exchange rates and 1.3% at constant exchange rates, compared with 2018.

APLF 2019

APLF monitors Coronavirus outbreak

Hong Kong

Published: 30 January, 2020

The organisers of the Asian Pacific Leather Fair (APLF), to be held in Hong Kong March 31 – April 2, have published a statement on the Coronavirus outbreak as cases top 7,000.

Stahl seminars meet need for comprehensive sustainability information

Netherlands

Published: 29 January, 2020

A deeper understanding of sustainability issues is key for companies that want to be at the forefront of the leather industry. And it is a message that is getting across. At the most recent Stahl sustainability seminar in China, there was keen interest from all participants in understanding how macro environmental and social issues are affecting the leather manufacturing industry on the ground. These interactive seminars also serve as a way to decipher large amounts of information into what is relevant and practical for the supply chain.

Credit: Friboi

JBS to supply China with US$717.26 million worth of meat

Worldwide

Published: 29 January, 2020

The Brazilian meat processor announced it has signed a Memorandum of Understanding (MoU) with WH Group for the supply and distribution of fresh beef, poultry and pork to the Chinese market.

Credit: Fendi

LVMH delivers record results for 2019

Worldwide

Published: 29 January, 2020

Revenue for the French luxury conglomerate totalled €53.7 billion in 2019, up 15%, with exceptional growth at Louis Vuitton and Christian Dior.

Chevrolet Corvette. Credit: Lear

Lower sales for Lear Corporation

Worldwide

Published: 29 January, 2020

The automotive technology and seating manufacturer cited a 6% decline in industry production among the factors affecting the company’s results.

Smit & Zoon achieves highest level of ZDHC-certification

Netherlands

Published: 28 January, 2020

Smit & Zoon has received the highest level of ZDHC certification, proving that its products for the leather industry meet all requirements connected to Zero Discharge of Hazardous Chemicals (ZDHC).

Previous edition of Lineapelle New York

Lineapelle New York to present Leather Sustainability report

United States

Published: 28 January, 2020

Taking place over two floors at the Metropolitan Pavilion on January 29 – 30, this edition of Lineapelle New York will present the Italian Leather Sustainability report 2019.

New ILM podcast tackles leather’s need for innovation

Worldwide

Published: 28 January, 2020

The latest episode in the ILM podcast series “View From The Top” is now available to download and listen to for free here as well as via Apple Podcast and Spotify.

Jaguar Land Rover to cut 500 jobs in the UK

United Kingdom

Published: 27 January, 2020

The premium SUV manufacturer is cutting 500 jobs at its Halewood plant located on Merseyside, North West England.

VF Corp raises full year guidance

Worldwide

Published: 24 January, 2020

The U.S. headquartered footwear and lifestyle products manufacturer, owner of the Timberland brand, has posted revenue from continuing operations up 5% (+6% in constant dollars) to US$3.4 billion for the third quarter of its fiscal 2020.

ILM receives a design makeover for 2020

Worldwide

Published: 23 January, 2020

The January-February 2020 print and digital app edition of International Leather Maker (ILM) sees the introduction of a fresh and more modern design and a number of new editorial features.

Inspiramais attracts over 7,500 visitors

Brazil

Published: 23 January, 2020

The event, which celebrated its 10^th anniversary, showcased the collections of 16 Brazilian tanneries.

Credit: Aspinal of London

Aspinal of London in sale talks

United Kingdom

Published: 23 January, 2020

The British leather bags and accessories brand is said to have hired international audit and advisory firm KPMG to assess funding options amid talks of a possible sale.

Leather is a natural by-product of the food industry.

Leather UK reacts to claims about ‘vegan leather’ in car interiors

United Kingdom

Published: 22 January, 2020

Dr Kerry Senior, Director, Leather UK, has responded to an article published by UK based Autocar magazine titled; “Analysis: How veganism is changing the car industry” published on January 21.

Tyson Foods takes on challenge of sustainable protein

Switzerland

Published: 22 January, 2020

The U.S. meat processor has announced the creation of a ‘Coalition for Global Protein’, an initiative that seeks to address the future of sustainable protein and the world’s growing population.

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