Credit: Stella Luna

Stella finalises first half financial results

Hong Kong
Published:  19 August, 2022

Stella International has announced its financial results for the first half of the 2022 financial year, ended June 30.

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Credit: Real Leather. Stay Different.

RLSD 2022 design competition finalists announced

Worldwide
Published:  18 August, 2022

The global finalists have been announced for the Real Leather. Stay Different. (RLSD) International Student Design Competition 2022.

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Credit: Henan Prosper

Henan Prosper unveils its sustainability goals at Première Vision, Paris

Worldwide
Published:  18 August, 2022

On July 5, 2022, Henan Prosper unveiled its sustainability project at the Première Vision Apparel and Leather Fabrics Exhibition in Paris.

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Credit: University of Northampton

Attracting the next generation at the University of Northampton

Worldwide
Published:  17 August, 2022

ILM Content Director Martin Ricker reports on a tour of the new campus facilities at the University of Northampton.

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Credit: Timberland

Timberland partners with Clot for sustainable collection

Worldwide
Published:  17 August, 2022

Timberland has partnered with Hong Kong streetwear label Clot for an Eastern culture-inspired capsule that uses only “eco-innovative materials”.

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Credit: Ted Baker

Authentic Brands Group to acquire Ted Baker

Worldwide
Published:  16 August, 2022

Authentic Brands Group (ABG) and Ted Baker have announced that they have reached an agreement on a final cash offer.

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Net income falls for JBS in second quarter

Brazil
Published:  15 August, 2022

Brazilian meatpacker JBS SA has reported its financial results for the second quarter of the 2022 financial year.

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Cargill revenues reach record levels in 2022

Worldwide
Published:  15 August, 2022

Global food, agricultural, financial and industrial products company Cargill has reported record revenues for 2022 in its recently released annual report.

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Minerva Foods reports record result in Q2

Brazil
Published:  15 August, 2022

Minerva Foods has reported its financial results for the second quarter of the 2022 financial year.

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LWG to unveil traceability roadmap for auto leather in Milan

Italy
Published:  15 August, 2022

At the upcoming ILM Automotive Leather Supply Chain Conference, the Leather Working Group (LWG) will outline its traceability roadmap and deforestation due diligence toolkit with a focus on the automotive leather segment.

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Credit: Adidas

Covid-19 results in H1 revenue slump for Yue Yuen

Hong Kong
Published:  12 August, 2022

Yue Yuen has announced its financial results for the first half of the 2022 financial year, with revenue falling by 2% to US$4.7 billion.

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Credit: Merrell

Wolverine reports record revenue for Q2

Worldwide
Published:  11 August, 2022

Wolverine Worldwide has reported its financial results for the second quarter of the 2022 financial year, which ended July 2.

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Credit: Adidas

Western markets lead growth for Adidas in Q2

Worldwide
Published:  11 August, 2022

Footwear and apparel brand Adidas has reported its financial results for the second quarter of its 2022 financial year.

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Credit: Salvatore Ferragamo

Salvatore Ferragamo partners with Farfetch

Worldwide
Published:  11 August, 2022

Salvatore Ferragamo has announced a partnership with Farfetch to develop its online strategy.

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Bangladesh plans closures to cope with power crisis

Bangladesh
Published:  11 August, 2022

Bangladesh State Minister for Power, Energy and Mineral Resources has announced plans for new waves of closures to cope with the ongoing power crisis.

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Opportunity to join the International Leather Maker team

United Kingdom
Published:  09 August, 2022

Senior Salesperson required for international media brand International Leather Maker (ILM) – The role offers career progression, remote working and international travel. All applicants must be UK-based nationals or live in the UK with the right to work there.

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Credit: Michael Kors

Capri Holdings begins 2023 fiscal year with growth

Worldwide
Published:  10 August, 2022

Fashion group Capri Holdings has reported its financial results for the first quarter of the 2023 financial year.

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Credit: Hoka

Deckers’ first quarter results led by Hoka

Worldwide
Published:  09 August, 2022

Deckers Brands has released its financial results for the first quarter of fiscal 2023, with the Hoka brand reporting leading growth of 54.9%.

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Strong 2022 continues for Tyson Foods

United States
Published:  09 August, 2022

U.S.-headquartered meatpacker and hide processor Tyson Foods has reported its financial results for the third quarter of 2022.

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Credit: Adient

Further losses for Adient in Q3

Worldwide
Published:  08 August, 2022

Global automotive seating company Adient has reported its financial results for the third quarter of 2022.

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Credit: Prada

Prada continues momentum in first half

Worldwide
Published:  08 August, 2022

Prada has reported its financial results for the first half of the year, achieving a revenue increase of 22% to €1.9 billion.

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CFO Scott Roe. Credit: Tapestry

Tapestry COO retires; CFO to take joint role

United States
Published:  08 August, 2022

The New York-based luxury fashion group has announced that Chief Operations Officer Tom Glaser has decided to retire at 61.

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Podcast: Automotive interior material choice with One 4 Leather

Worldwide
Published:  08 August, 2022

Tom Hogarth is joined by Inge Flowers, spokesman for One 4 Leather, to discuss the automotive leather sector and how the industry can promote leather for vehicle interiors over other options.

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Credit: Tod's

Tod’s to leave stock exchange after 22 years

Italy
Published:  05 August, 2022

Italian luxury company Tod’s will reportedly go private and be delisted from the Borsa Italiana after 22 years on the stock exchange.

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Alibaba to work with U.S. regulators after SEC warning

United States/ China
Published:  04 August, 2022

Alibaba Group Holding has reported that it will work with U.S. regulators to maintain its New York listing after a warning from the Securities Exchange Commission (SEC).

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Delegate registration opens for ILM automotive leather conference

Italy
Published:  03 August, 2022

Online registration is now open for the ILM Automotive Leather Supply Chain Conference, taking place in Milan on September 23, the day after Lineapelle.

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Credit: Lear Corporation

Growth returns for Lear in second quarter

Worldwide
Published:  03 August, 2022

Automotive technology company Lear Corporation has reported its second quarter 2022 financial results, showing a return to sales growth after a weak first quarter.

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Credit: Puma

Puma reports highest quarterly sales on record

Worldwide
Published:  03 August, 2022

Footwear and sportswear brand Puma has reported its second quarter and first half results for the 2022 financial year.

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Credit: Steve Madden

Steve Madden reports strong growth for second quarter

Worldwide
Published:  03 August, 2022

Footwear brand Steve Madden has announced its financial results for the second quarter of the 2022 fiscal year.

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Credit: Lectra

Revenue jumps by 70% for Lectra in first half

France
Published:  03 August, 2022

French technological solutions provider Lectra has announced its financial results for the first half of the 2022 fiscal year.

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H&M to sell its assets in Russia

Russia
Published:  02 August, 2022

Global fashion retailer H&M will reportedly sell all of its Russian assets after winding down business in the country in July.

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Freight costs and China lockdowns impact VF Corp Q1 results

United States
Published:  01 August, 2022

VF Corp, whose brands include Timberland, The North Face, Vans and Eastpak among others on July 28 released Q1 fiscal 2023 results with revenues slightly up compared with the same period last year. 

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Leather goods and footwear strong for Aeffe

Italy
Published:  01 August, 2022

The Aeffe Group has achieved €176.5 million revenue in the first half of 2022, compared with €155 million in 2021 (13.9% at current exchange rates). Revenue grew in all geographical areas with the exception of the Far East and in particular in the retail channel, the group recorded a strong acceleration in particular in the U.S..

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Hermes H1 growth led by leather goods and saddlery

France
Published:  01 August, 2022

France headquartered luxury house Hermes, has joined Kering and LVMH in posting impressive H1, 2022 financials with revenues worth €5.5 billion. Despite a challenging global economic environment spending on luxury goods, including leather goods, appears to remain robust among consumers. 

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Credit: Bentley

Volkswagen reports “robust” results in H1

Worldwide
Published:  29 July, 2022

Volkswagen Group has reported its results for the first half of the 2022 financial year, calling its performance “robust”.

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Credit: Maserati

Record first half results for Stellantis

Worldwide
Published:  29 July, 2022

Stellantis has reported its financial results for the first half of the 2022 financial year, achieving further record results after doing the same in 2021.

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IULTCS EuroCongress scientific program finalised

Italy
Published:  29 July, 2022

The scientific program for the upcoming III IULTCS EuroCongress has been finalised and participants can register to attend.

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Credit: Bottega Veneta

Kering reports growth for first half of 2022

Worldwide
Published:  28 July, 2022

Kering has reported its H1 2022 financial results, achieving a reported revenue increase of 23% to €9.93 billion (up 16% on a comparable basis).

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Siro Badon resigns as Assocalzaturifici Chair

Italy
Published:  28 July, 2022

Assocalzaturifici's (the Italian Footwear Manufacturers Association) Chair has submitted his resignation from the position, with no successor yet announced.

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Credit: Marc Jacobs

Holding company restructured to ensure family control of LVMH

Worldwide
Published:  27 July, 2022

Bernard Arnault is restructuring holding company Agache into a joint-stock partnership to ensure long-term control of the LVMH group.

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Priorities emerge at Assocalzaturifici annual meeting

Italy
Published:  27 July, 2022

The Italian Footwear Manufacturers’ Association (Assocalzaturifici) held its annual meeting in Bologna recently to discuss the recovery of the sector.

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Credit: Famous Footwear

Caleres CEO Diane Sullivan to step down

United States
Published:  27 July, 2022

The U.S.-based footwear company has announced that CEO Diane Sullivan will step down in January 2023.

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Thousands of cattle sent to landfill in Kansas after heatwave

United States
Published:  27 July, 2022

After a heatwave killed thousands of cows, companies sent the carcasses to a landfill in Kansas, Reuters reports.

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Credit: Loewe

Growth continues for LVMH through first half

Worldwide
Published:  27 July, 2022

Louis Vuitton Moët Hennessy (LVMH) has reported its financial results for the first quarter of the 2022 financial year.

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Credit: Massey University

AICLST New Zealand conference opens registration

New Zealand
Published:  26 July, 2022

Registration is open for the 12th Asia International Conference on Leather Science and Technology (AICLST).

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Newly-formed Forvia reports first half results

Europe
Published:  25 July, 2022

Automotive manufacturer Forvia has reported its results for the first half of the 2022 financial year.

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All African Leather Fair 2022 to go ahead

Africa
Published:  25 July, 2022

The Ethiopian Leather Industries Association (ELIA) has confirmed that the All African Leather Fair (AALF) will go ahead.

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Credit: Silvateam

Ecotan delves into zero-waste automotive leather at ILM conference

Worldwide
Published:  25 July, 2022

Alessandra Taccon, from Italy-headquartered tannin extract and leather chemical maker Silvateam, will speak at the upcoming ILM Automotive Leather Supply Chain 2022 Conference in Milan about its Ecotan zero-waste concept for automotive leather.

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AAQTIC to host webinar on tannery safety

Argentina
Published:  25 July, 2022

On July 26, AAQTIC will host a webinar on tannery safety and the risks that arise in riverside operations.

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Podcast: The responsibility of the leather sector in the Amazon biome

Worldwide
Published:  25 July, 2022

In this deforestation-focused episode of the ILM podcast, Deputy Editor Tom Hogarth brings you three articles from ILM’s May/June 2022 print/digital issue around leather’s role in solving the problem, including expert insights from Mauricio Bauer and Gert van der Bijl.

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