Latest News - International Leather Maker

LHTBI elects new President

United Kingdom

Published: 17 May, 2018

The UK leather industry charity, LHTBI, has elected Ian Walker, Group Chairman of UK tanners Clayton Leather Group, as its new President.

Puma officially exits Kering

Worldwide

Published: 17 May, 2018

French luxury conglomerate, Kering, has announced the international sportswear brand is officially spun off from the Group as of May 16.

Burberry reports +3% sales growth

Worldwide

Published: 17 May, 2018

The British luxury label has reported a +3% increase in comparable sales for the year ending March 31, 2018, as well as growth in profit and cashflow.

Meatpacking giant JBS returns to profit

Brazil

Published: 16 May, 2018

Brazil headquartered JBS SA has posted positive results in the first quarter of 2018, with net income totalling R$39.8 billion (US$10.89 billion), representing a +5.8% increase over the same quarter a year ago.

Faurecia targets accelerated sales by 2025

Worldwide

Published: 16 May, 2018

The French automotive parts and seating manufacturer has unveiled its 2020 financial targets and 2025 ambitions.

TFL Global Fashion Centre to renew collections regularly

Italy

Published: 16 May, 2018

Recently inaugurated in Castelfranco di Sotto, Italian region of Tuscany, the leather and fashion accessories collections displayed at the newly upgraded TFL Global Fashion Centre will be renewed every three to six months.

Does global sourcing make automotive leather a risky material?

Germany

Published: 15 May, 2018

The automotive industry is truly global and the major OEMs source their components and materials from a huge range of suppliers globally. This of course, also includes automotive leather. This has prompted the question to be asked, “Does global sourcing make car seat leather a high-risk material?”

Richemont completes acquisition of YNAP

Europe

Published: 14 May, 2018

The Switzerland based luxury holdings says it has successfully closed the acquisition of all remaining ordinary shares of the leading online luxury retailer.

Lanxess global sales up +7% in Q1

Worldwide

Published: 11 May, 2018

The specialty chemicals manufacturer has posted global sales of €2.565 billion in the first quarter of 2018, up by almost +7% year-on-year (Q1 2017: €2.401 billion).

Tod’s total sales shrink in first quarter

Worldwide

Published: 11 May, 2018

The Italian premium footwear and leather goods brand has posted consolidated sales of €234.1 million in the first quarter of 2018, down -1.8% year-on-year and affected by a poor performance in its home market of Italy, while the Tod’s and Roger Vivier brands are said to have been particularly impacted by currency fluctuations.

Wolverine Worldwide beats analysts’ expectations

Worldwide

Published: 11 May, 2018

The U.S. based footwear manufacturing Group has raised its full-year earnings guidance and updated its full-year outlook after the results for the quarter ending March 31, 2018 surpassed analysts’ expectations.

China automotive theme in latest edition of ILM

China

Published: 10 May, 2018

ILM is pleased to announce that it has published its market leading May-June edition, which is now available on the ILM App for Apple and android devices and in print. The latest edition features an editorial focus on the automotive leather segment, with market focus on China.

Chrome-free auto leather drying presented at Stuttgart conference

Germany

Published: 09 May, 2018

Italian tannery machinery specialists, Erretre/Fratelli Carlessi, will present their innovative Cell Rotary Conditioning (CRC) system at the upcoming ILM Automotive Leather Supply Chain conference in Stuttgart on June 4, 2018.

EU WORTH project calls for leather designers and SMEs

Europe

Published: 09 May, 2018

The European Commission has launched the second phase of the WORTH project, which supports collaboration between fashion designers, traditional and digital craftsmanship, and the manufacturing industry.

Israeli meat biotech company receives fund from several investors

Israel

Published: 09 May, 2018

On May 2, Jerusalem-based biotechnology company Future Meat Technologies announced a US$2.2 million seed investment round, co-led by Tyson Ventures, the venture capital arm of Tyson Foods. The Israeli company is advancing a distributive manufacturing platform for the cost-efficient, non-GMO production of meat directly from animal cells, without the need to raise or harvest animals.

Strong global momentum for VF Corporation

Worldwide

Published: 08 May, 2018

International revenue for the branded lifestyle apparel, footwear and accessories Group, owner of Timberland, increased +27% (up +16% currency neutral) in the transition period ending March 31, 2018.

Lear to close seating plant

Canada

Published: 04 May, 2018

The automotive seating and electrical car parts supplier is to close a seating manufacturing plant located in Ontario, Canada.

Another three Brazilian tanneries seek the CSCB certification

Brazil

Published: 04 May, 2018

Three new tanneries have joined the Brazilian Leather Certification of Sustainability (CSCB) programme; Santa Croce, Real Nelore and Curtume Santo Antônio.

Hermès reports Q1 growth across all business lines

Worldwide

Published: 04 May, 2018

Growth in the Leather Goods and Saddlery category (+8%) for the luxury international brand was sustained in the first quarter of 2018 thanks to the success of the new collections and the diversity of handbag models.

Double-digit growth for Adidas in Q1

Worldwide

Published: 04 May, 2018

Currency-neutral revenues increased +10% in the first quarter of 2018 for the global sportswear brand, with e-commerce once again as the fastest-growing channel (+27%).

INESCOP to present optimal footwear 3D printing at UITIC Congress

Portugal

Published: 03 May, 2018

Spain’s Technological Institute for Footwear and Related Industries (INESCOP) will present the ongoing advances to achieve the optimal 3D printing of a shoe during the 20^th UITIC International Technical Footwear Congress taking place May 16-18 in Porto, Portugal.

Positive campaigning for automotive leather is crucial

Germany

Published: 03 May, 2018

The leather industry faces increasing competition from alternative materials and the vegan trend makes people reconsider materials. While many may think this is a threat to the industry, it should be seen as an opportunity instead to educate, inform and inspire the general public on the unique and beautiful characteristics of leather.

CEC hosts Learn2Work meeting to boost footwear industry training

Europe

Published: 02 May, 2018

During a conference in Brussels on April 18, the European Footwear Confederation (CEC) and Think Young, a think tank that supports young people’s interests, presented an innovative training model that is expected to act as a bridge between the world of education and the footwear industry’s needs.

Coach helps save Tapestry’s third fiscal quarter

Worldwide

Published: 02 May, 2018

The New York based accessories and lifestyle Group has reported a decline in sales for the Kate Spade brand, while luxury footwear Stuart Weitzman struggled with production delays in the quarter ending March 31, 2018.

Kering collaborates with police on tax probe

Europe

Published: 30 April, 2018

Francois-Henri Pinault, Chairman and CEO, Kering, told shareholders on April 26 the Group continues to collaborate with the Italian police on the alleged tax evasion relating to Gucci’s activities in Switzerland.

Record unit sales for Volkswagen Group in Q1

Worldwide

Published: 27 April, 2018

The Germany headquartered automotive Group sold 2.7 million vehicles to customers worldwide in the first quarter of 2018, representing a +7.4% increase year-on-year.

Ford to severely reduce car portfolio in the U.S.

United States

Published: 26 April, 2018

The Michigan headquartered automotive manufacturer has released positive first quarter results, in line with expectations, and says it could exit underperforming segments as it continues to restructure its portfolio.

New trendy leather label to expand in the U.S.

United Kingdom

Published: 26 April, 2018

Skiim, the newcomer fashion label that focusses on exceptionally cut leather and suede silhouettes, plans to further explore the U.S. market.

Record worldwide sales for Groupe PSA

Worldwide

Published: 25 April, 2018

The French automotive manufacturing Group has posted a +44.2% consolidated worldwide sales increase in the first quarter of 2018.

Sharp rise in leather goods revenue for Kering in Q1

Worldwide

Published: 25 April, 2018

The French luxury conglomerate has reported another quarter of “very strong” revenue growth, well balanced across regions and distribution channels.

LIA and USHSLA seek customs reclassification for hides and leather

United States

Published: 24 April, 2018

Together with 17 other associations, the U.S. Hide, Skin and Leather Association (USHSLA) and the Leather Industries of America (LIA) have pledged the U.S. Senate for support in expanding the existing provision to allow U.S. origin textiles and leather, in addition to U.S. components, to be deducted from the dutiable value of a finished good when that good is imported into the country.

Skechers posts record sales in first quarter

Worldwide

Published: 23 April, 2018

U.S. based lifestyle footwear brand, Skechers, has posted record sales of US$1.25 billion (+16.5%) in the first quarter ending March 31, 2018.

Seating leads Faurecia’s first quarter growth

Worldwide

Published: 23 April, 2018

The France headquartered automotive parts and seating manufacturer has reported strong sales growth of +9.3% at constant currencies, “significantly outperforming automotive production in all regions.”

Burberry partners with Farfetch’s mentoring for start-ups

Worldwide

Published: 20 April, 2018

Named ‘Dream Assembly’, the technology accelerator aims to provide start-ups with a programme of mentorship, networking opportunities and access to early-stage funding.

EU Committee approves Cotance’s leather carbon footprint toolbox

Europe

Published: 20 April, 2018

On April 18, the EU’s Environmental Footprint Steering Committee officially approved the Leather Product Environmental Footprint Category Rules (Leather PEFCR) put forward by Cotance, the European Confederation of the Leather Industry.

“Leather Strategy for Mauritius” to be launched

Mauritius

Published: 19 April, 2018

Currently exporting 70% of its raw hides, Mauritius seeks to develop its leather sector by boosting local footwear production and adding value to its products.

JD.com expands presence in Europe

Worldwide

Published: 19 April, 2018

After the opening of its first office in Europe, in Paris, China’s second-largest e-commerce platform is planning to set up another office in Milan.

Nike head of footwear resigns

Worldwide

Published: 19 April, 2018

Greg Thompson, Vice President Footwear, Nike, has left the company.

20th UITIC Congress programme confirmed

Portugal

Published: 18 April, 2018

Under the theme “From Fashion to factory: A New Technological Age”, the 20^th Congress of the International Union of Shoe Industry Technicians (UITIC) takes place at the Sheraton Hotel in Porto, Portugal, May 16-18.

Strong performance for Ermenegildo Zegna in 2017

Worldwide

Published: 18 April, 2018

The premium Italian fashion house has posted profits up +64% in 2017, driven by a new brand strategy and growth in key market China.

Bankrupt Takata under new ownership

Worldwide

Published: 18 April, 2018

The 85-year-old Japanese automotive supplier has been acquired by mobility safety company, Key Safety Systems.

Puma’s sales increase in first quarter

Worldwide

Published: 16 April, 2018

The international sportswear manufacturer’s preliminary results for the first quarter of 2018 show that consolidated sales increased currency adjusted by approximately +21% (+12% reported) to €1,131 million against €1,005 million a year earlier.

Burberry appoints new Chairman

United Kingdom

Published: 16 April, 2018

Pursuing its restructuration strategy, British premium fashion house, Burberry, announced the appointment of a new Chairman on April 13.

Fashion & Leather Goods involved in LVMH’s ‘Maison des Startups’

France

Published: 16 April, 2018

French luxury conglomerate LVMH has announced a new accelerator programme at the ‘Station F’ start-up campus in Paris, France, which is to welcome 50 international start-ups each year, including from the leather business segment.

Zimbabwe’s Leather Institute to set up design studio

Zimbabwe

Published: 13 April, 2018

The design studio is aimed at supporting skills development in the leather industry.

Almost 2,000 exhibitors at High Point Market

United States

Published: 13 April, 2018

The world’s longest running home furnishings event opens its doors April 14 at High Point, North Carolina, U.S.

JBS Couros to address sustainability concerns at Stuttgart auto leather event

Germany

Published: 12 April, 2018

Fernando Bellese of JBS Couros, a leading supplier of tanned and crust leathers into the global automotive leather supply sector will be among the speakers at the upcoming “ILM Automotive Leather Supply Chain conference” taking place in the German city of Stuttgart on Monday, June 4, 2018.

4th World Leather Congress to focus on ‘Leather in Everyday Life’

United States

Published: 12 April, 2018

The fourth edition of the World Leather Congress (WLC) will be held in New York City, U.S., on July 16, 2019, under the theme ‘Leather in Everyday Life’.

Privatisation of Pou Sheng International cancelled

Hong Kong

Published: 12 April, 2018

The proposal to privatise China’s sportswear retailer, Pou Sheng International, is reported to have been cancelled as over 10% of the shareholders voted against the proposal.

UNIDO updates ‘Framework for sustainable leather manufacture 2.0’

Worldwide

Published: 12 April, 2018

The updated version is a thoroughly revised and expanded version of UNIDO’s framework for sustainable leather manufacture from 2014. The revised version is available online to download.

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