Latest News - International Leather Maker

Roger Vivier brightens Tod’s nine-month results

Worldwide

Published: 15 November, 2019

Consolidated sales for the Italian footwear Group totalled €677.7 million in the first nine months of 2019, down 4% from the same period in 2018.

Burberry maintains full year guidance as sales rise

Worldwide

Published: 15 November, 2019

The British luxury Group posted revenue £1.28 billion (US$1.65 billion) for 26 weeks ended September 28, 2019, up 3% on current exchange rates and 5% on a reported basis.

Another 13 Brazilian meat plants cleared for exports to China

Brazil

Published: 14 November, 2019

The Brazilian Ministry of Agriculture announced that another 13 Brazilian slaughterhouses have been approved to export meat to China.

Leatherword Middle East 2018 edition

Leatherworld Middle East incorporated into new show

UAE

Published: 13 November, 2019

The organisers of the Dubai based leather trade show have announced the event will now be incorporated into a new show, Gifts & Lifestyle Middle East.

Jordan leather sector in need of boost from incentive package

Jordan

Published: 13 November, 2019

The Jordan garment and leather sector is reported to have accounted for an estimated 35% of the increase in total national exports in the first eight months of the year.

Natuzzi’s Chief Commercial Officer resigns

Worldwide

Published: 13 November, 2019

The Italian premium leather furniture maker has announced that Nazzario Pozzi, its Chief Commercial Officer, has resigned from the Company for "new professional challenges".

Lower beef sales for Tyson Foods

United States

Published: 13 November, 2019

Fourth-quarter beef sales for the U.S. based meat processor were said to be affected by a fire at the Tyson Fresh Meats plant in Holcomb, U.S. state of Kansas, which broke out in August.

JBS acquires value-added meat producer

Brazil

Published: 13 November, 2019

Brazilian headquartered JBS announced on November 6 that it is expanding its operations by acquiring a Brazilian value-added meat producer.

adidas's Speedfactory in Georgia, Atlanta.

adidas to shift Speedfactory production to Asia

Worldwide

Published: 12 November, 2019

Production at the two Speedfactories located in Ansbach, Germany, and Atlanta, U.S., are to be discontinued by April 2020, with the technology to be deployed to Asian suppliers by the end of this year.

Alpargatas posts net income decline in third-quarter

Brazil

Published: 12 November, 2019

The Brazilian producer of footwear, apparel and sporting goods has posted a net revenue of over R$1 billion (US$240 million) in the third quarter of 2019, up 11.4%.

Higher deliveries for Ferrari

Worldwide

Published: 11 November, 2019

The luxury sportscar maker said shipments totalled 2,474 units, up 9.4% year-on-year, for the third quarter ended September 30, 2019.

Credit: Montblanc

Richemont’s profit declines despite rise in sales

Worldwide

Published: 11 November, 2019

The Switzerland based luxury conglomerate has posted a 9% sales increase at actual exchange rates to €7,397 million for the six months ended September 30, 2019, up 6% at constant exchange rates.

Sharp drop in net income for Capri Holdings

Worldwide

Published: 08 November, 2019

The fashion holding Group has posted a 47% drop in net income for the second quarter of its fiscal 2020 ended September 28, 2019, compared with the same period in the previous year.

Leather Naturally reports social media success

Worldwide

Published: 08 November, 2019

Metcha, the global campaign launched by the Leather Naturally initiative to promote leather on different social media platforms, has reported a 35% rise in contents viewings on Facebook and Instagram, compared with the previous month of September.

Credit: Adient

Lower revenue for Adient in Q4

Worldwide

Published: 08 November, 2019

The U.S. headquartered automotive seating supplier posted a narrower net loss of US$4 million for the fourth quarter of its fiscal year 2019, compared with a loss of US$1.36 billion in the same period of the previous fiscal year.

Merrell Ontario/Credit: ray.roper

Revenue increase for Wolverine Worldwide in Q3

Worldwide

Published: 08 November, 2019

The U.S. based footwear manufacturer has posted a reported revenue of US$574.3 million for the third quarter ended September 28, 2019, up 2.8% year-on-year.

Tyson Foods names new President

United States

Published: 07 November, 2019

The Board of Directors of the U.S. based meat processor has named independent director Dean Banks as President of the company, effective December 20, 2019.

China to import UK beef

China/UK

Published: 07 November, 2019

Both countries are reported to have agreed on a beef trade deal estimated at £230 million (US$296 million).

LVMH’s value exceeds the €200 billion threshold

France

Published: 07 November, 2019

The French luxury conglomerate has seen its value increase 54% since the beginning of the year, and is now one of the most dynamic companies of the French stock market index CAC40.

Prada signs business loan linked to sustainability

Europe

Published: 06 November, 2019

The Italian fashion Group has signed what is being described as the first business loan in the luxury goods sector that links the annual interest rate to a company’s sustainability efforts.

From left: Barbara Mastrotto, Rino Mastrotto and Matteo Mastrotto.

Exclusive interview: Future plans for Rino Mastrotto Group

Worldwide

Published: 06 November, 2019

In an exclusive interview in the November-December 2019 print and digital app edition of International Leather Maker (ILM), Barbara Mastrotto, Head of Automotive Business Unit at Rino Mastrotto Group, reveals growth plans for the leading Italian tanning Group following its acquisition by NB Renaissance Partners in August.

UGG's Stockton Boot

Deckers raises full year guidance as net sales rise

Worldwide

Published: 06 November, 2019

Second quarter fiscal 2020 sales for the U.S. based footwear manufacturing Group increased 8% to US$542.2 million.

Double-digit growth for Volvo Cars in October

Worldwide

Published: 06 November, 2019

Sales for the premium SUV manufacturer increased 13.9% in October compared with the same month in 2018.

Kate Spade New York

Lower Kate Spade sales impact Tapestry first-quarter results

Worldwide

Published: 05 November, 2019

First-quarter fiscal 2020 results for the premium lifestyle fashion Group were impacted by a decline in sales of the Kate Spade brand.

Chemical Management in Leather seminar

The Netherlands

Published: 05 November, 2019

Eurofins | BLC and Eurofins | AQM are offering a free technical seminar on ‘Addressing the Challenges of Chemical Management in the Leather and Textile Industry’, to be held in Amsterdam, The Netherlands, on November 22.

Ford to invest US$6 billion in U.S. manufacturing

United States

Published: 04 November, 2019

The automotive manufacturer is reported to have reached a tentative agreement with the United Auto Workers (UAW) union in the U.S. to avoid a strike; the deal would secure over 8,500 jobs.

Sorel Lexi Wedge collection

Sorel’s growth boosts Columbia Sportswear Q3 results

Worldwide

Published: 04 November, 2019

Net sales for Columbia Sportwear increased 14% (15% constant-currency) in the third quarter of 2019, year-on-year, to a record US$906.8 million.

Faurecia's cockpit of the future

Groupe PSA to spin off Faurecia

France

Published: 04 November, 2019

The French OEM is to spin off the automotive seating and components supplier on the occasion of its merger with FCA.

Leathertech Bangladesh kicks off in Dhaka

Bangladesh

Published: 01 November, 2019

Tipu Munshi, Bangladesh’s Commerce Minister, inaugurated the 7th Edition of Leathertech Bangladesh, which runs October 31 to November 2, 2019 in Dhaka, Bangladesh.

€530 million tender launched for sludge treatment plant

Italy

Published: 01 November, 2019

Italian water companies Acque del Chiampo and Medio Chiampo have launched an international tender worth €530 million for the construction of a plant to treat dried sludge of the Arzignano tannery district, the largest in Europe.

Volkswagen brand likely to reach full year targets

Worldwide

Published: 31 October, 2019

Sales revenue for the German car brand increased 4.7% to €65.4 billion between January and September 2019.

Groupe PSA and FCA plan to merge

Worldwide

Published: 31 October, 2019

Following intensive discussions, the board of both automotive groups unanimously agreed to work towards a 50/50 merger.

Leather and the circular bio-economy

Worldwide

Published: 30 October, 2019

Karl Flowers, Technical Director at sustainable leather consultancy Authenticae, will host the third presentation in the upcoming ILM webinar ‘The circular economy in the leather industry’, to be broadcast on Wednesday, November 6, 2019 at 2pm (UK), 3pm CET.

Crocs raises guidance after record third quarter

Worldwide

Published: 30 October, 2019

The U.S. based footwear manufacturer has posted revenues of US$312.8 million for the third quarter of 2019, up 19.8% year-on-year.

Roberto Cavalli acquisition completed

Italy

Published: 30 October, 2019

Dubai-based Vision Investment Company, owned by Damac Properties Group, has completed the acquisition of the Italian luxury label.

AICC conference to focus on technological innovations

Italy

Published: 30 October, 2019

The Italian Association of Leather Chemists (AICC) will hold its XI Technical Conference AICC Veneto Area on November 15 in Chiampo, Italian province of Vicenza.

Porsche to launch online sales in Germany

Germany

Published: 29 October, 2019

German customers of the luxury sports car manufacturer will be able perform the most important steps for vehicle purchase online independently of time and place.

Credit: Blanca Melendez/Puma

Puma posts its “best” quarter helped by footwear

Worldwide

Published: 28 October, 2019

Sales for the international sportswear Group increased 17% in the third quarter of 2019, currency adjusted to €1,477.6 million (+19% reported), with the Asia/Pacific and Americas regions continuing to contribute with double-digit increases.

Lower deliveries for Groupe Renault in Q3

Worldwide

Published: 28 October, 2019

The French automotive Group sold a total of 852,198 vehicles in the third quarter of 2019, down 4.4% compared with the same period in the previous year.

Strong third quarter for Kering

Worldwide

Published: 25 October, 2019

The luxury conglomerate has posted consolidated revenue of €3,884.6 million for the third quarter of 2019, up 14.2% as reported and 11.6% on a comparable basis, boosted in particular by sales at Gucci and Yves Saint Laurent.

Credit: PrimeAsia China

An update on chromium (VI) in leather methodology

Europe

Published: 25 October, 2019

The issue of chromium(VI) in leather has been debated for many years, but its significance has recently been raised due to newly proposed European legislation. The European Chemicals Agency (ECHA) has proposed (12/4/19 – Annex XV Restriction Report Proposal for a Restriction Substance Name(s): Skin Sensitising Substances) that the limit should be lowered from its current 3 ppm limit to 1 ppm, so that the leather industry is in line with the textile industry. While the textile industry uses little chromium, mainly in dyestuffs, the leather industry faces detecting 1 ppm of chromium(VI) in a background of 20,000-40,000 ppm of chromium(III).

Robust growth for Hermès in third quarter

Worldwide

Published: 25 October, 2019

For the quarter ended September 30, the luxury fashion Group's consolidated revenue totalled €5,012 million, up 16% at current rates, with growth in Leather Goods and Saddlery up by 12%.

Recruitment: Environmental Auditor – Leather Working Group

Worldwide

Published: 24 October, 2019

The Leather Working Group are currently recruiting for experienced Auditors who will be responsible for the environmental auditing of leather manufacturers.

Stable results for Groupe PSA despite drop in sales

Worldwide

Published: 24 October, 2019

Third quarter revenue for the French automotive Group, which owns seating supplier Faurecia, increased 1% to €15.6 billion, with automotive division revenue up 0.1% to €11.8 billion.

Credit: Julian Bock

An example of excellence in Circular Economy

Worldwide

Published: 23 October, 2019

Fabiana Orlandi, CSR, Sustainability and Product Safety Specialist at the Italian Tanners’ Association, UNIC, will host the second presentation in the upcoming ILM webinar ‘The circular economy in the leather industry’, to be broadcast on Wednesday, November 6, 2019 at 2pm (UK), 3pm CET.