Credit: Rolls-Royce
Across the BMW, Mini and Rolls-Royce brands, BMW Group has delivered a total of 636,606 vehicles, up 33.5%, and achieved a record high for the first quarter of 2021. Rolls-Royce Motor Cars had its best first quarter results in its 116-year history.
Read more...French luxury fashion house Maison Margiela and British-American footwear and clothing brand Reebok have announced the re-release of their Classic Leather Tabi in bianchetto, as part of their ongoing collaboration.
Read more...Teva, a division of U.S. apparel and footwear group Deckers Brands, has announced TevaForever, a partnership with international recycling company TerraCycle, dedicated to giving used Teva sandals a new life.
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Credit: Thousand Hills
The latest webinar organised by ILM in association with theSauerReport and sponsored by PrimeAsia and the Leather and Hide Council of America (LHCA) will explore a range of topics around ethical sourcing, animal welfare best practice, regenerative agriculture, supply chain mapping and traceability frameworks. The webinar will be broadcast on May 6, 2021 at 2pm UK time (3pm CET) and is free-to-attend, subject to approved registration. Click here to sign up.
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Credit: Freestocks
A report by the Swiss multinational investment bank, UBS has found there were 115,000 shopping centres across the U.S. at the end of 2020, compared with 112,000 in 2010 and 90,000 in 2000. However, UBS has estimated that 80,000 retail stores will shut across the country by 2026. That assumes e-commerce sales rise to represent 27% of total retail sales, up from the current 18%.
Read more...Craftsmanship, service and technology are key to fighting counterfeiting of luxury goods, including high-end leather items, which are among the most sought-after items.
Read more...The U.S clothing brand and retailer has released its fourth quarter results, which show a revenue decrease of 23% to US$648 million in the fourth quarter and a 30% drop to US$1.88 billion in the 2021 fiscal year.
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Credit: JBS
Kim Sena, Sustainability Manager at JBS Couros, and Andy Pleatman, responsible for Strategy and Vision at China/Vietnam based footwear upper leather tannery Asiatan, join ILM Editor Isabella Griffiths on the latest episode of the ‘View from the top’ podcast to chat about JBS’ sustainable leather concept, Kind Leather, the importance of material lifecycle assessments (LCA), deforestation, and the image and future of leather.
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Barry Knight
The well-known industry stalwart is to retire from his position of Sales Development Manager for Bristol-based pit-tanner Thomas Ware & Sons.
Read more...The Italian fashion house has announced the re-edition release of the F-80 Skeleton Sustainable, a new “green” timepiece for Earth Day 2021, which falls on April 20-22.
Read more...The auction platform facilitates global reach and a streamlined trading process via its bespoke software application.
Read more...The U.S. headquartered footwear manufacturer has reported 50% growth of direct-to-consumer e-commerce revenue in the 2020 financial year.
Read more...British fashion house Alexander McQueen and luxury Spanish designer Balenciaga, part of French luxury conglomerate Kering, have announced fur-free policies, joining an expanding list of global fashion designers who are dropping fur from their collections, including Prada, Gucci, Armani, Versace, Michael Kors, Jimmy Choo, DKNY, Burberry and Chanel.
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Credit: Nike
The U.S. sportswear brand has published its fiscal 2021 financial results for the third quarter ended February 28, 2021, which show that despite disruption caused by the Covid-19 pandemic, revenue increased by 3% to US$10.4 billion on the prior year.
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Credit: Karl Flowers
A new, exclusive technical article written by ILM Consultant Technical Editor Karl Flowers on end-of-life biomes is now available to download for subscribers from the ILM App, available for Apple and Android devices.
Read more...The French luxury conglomerate, which owns Berluti, Louis Vuitton and Dior, is selling deadstock fabrics and leather in an online marketplace. This focus on upcycling will reportedly result in a more circular, sustainable fashion industry.
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Credit: Pingree Detroit
Around 250 cowhides have been found during the demolition of the Ford Product Development Centre in the city of Dearborn, Michigan, which the carmaker has donated to be upcycled in the local community.
Read more...The sporting goods distributor and retailer for major brands such as Lacoste, Adidas and Converse has reported revenues of US$8,444.9 million in 2020, representing a decrease of 16.4% compared with 2019. The drop was mostly attributed to the impact of the Covid-19 pandemic.
Read more...The world’s largest meatpacker, JBS, has committed to zeroing the balance of its global greenhouse gas emissions by 2040.
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Credit: Roccamore
Denmark’s last remaining tannery has launched a new tracking system which can trace individual hides from field to final product.
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Giancarlo Lovato
Dr Giancarlo Lovato has been elected as President of the Organizing Committee of the III IULTCS EuroCongress Vicenza 2022 by the Board of Directors at The Italian Leather Chemists Association (AICC).
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Credit: Chloé
Shares in Swiss luxury group Richemont rose as a result of claims made by an online fashion and luxury publication that it had rejected an informal merger offer made in January by French luxury goods conglomerate Kering.
Read more...The U.S. retailer of footwear and accessories has appointed the President of the board and Chief Customer Officer Mark Worder as its new CEO, replacing Cliff Sifford. Worder will retain his title as President.
Read more...The automotive seating and accessories manufacturer has announced the construction of a new industry platform in the Bourgogne-Franche-Comté region of France for a total cost of €165 million.
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Credit: Ecco
The Danish tanner, footwear manufacturer and retailer recorded net sales of €1,092 million in 2020 from €1,360 million in 2019, and its profit before tax was €45 million.
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Marc Smit
May 8, 2021 marks the 200th anniversary of Smit & Zoon, a company, which over the centuries, has become known for its innovative nature and its mission to make the entire leather value chain more sustainable.
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Credit: Loewe
U.S. fashion house Coach and Spanish luxury fashion label Loewe have both launched handbags made from leather remnants and recycled materials.
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Credit: Prada
Revenues at the Italian luxury group reached €2,4 million in the 2020 financial year, down 24% from 2019. Net retail sales for 2020 dropped by 18% compared to 2019 but benefited from a 217% increase in online sales.
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Credit: Madewell's
U.S. fashion brand Madewell has launched a range of eco-friendly sneakers made from recycled and repurposed materials, including leather.
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According to a report by agricultural analytics firm Safras & Mercado, a shortage of cattle for slaughtering will impact Brazilian beef production for at least a year.
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With the increasing demand for leathers that have less of an impact on society and the environment, the challenge for tanners is to maintain a top-quality product while at the same time improving their environmental footprint.
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The latest episode of the ILM “View from the top” podcast series covers the value of education as an ongoing part of life, the industry’s dependence on young people and the next generation of employees in a post pandemic world. It is now available free-to-download and listen to here, as well as via Apple Podcast, Spotify and Deezer.
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Credit: Hidexe
When low supply meets high demand, the seller always enjoys his pricing power. However, even when the markets are favourable, one should not get too complacent. Auctions are a great tool for bringing buyers to a decision point and achieving the best price. A quick sale also greatly reduces inventory costs.
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Credit: Clarks
Hong Kong based private equity firm LionRock Capital has confirmed the completion of its partnership with footwear manufacturer Clarks.
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Credit: Burberry
The luxury British fashion house has released an unscheduled trading update ahead of the March 27, 2021 financial year end, stating that sales are expected to be higher than anticipated.
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Credit: Hugo Boss
The German fashion house has reported its operating profit for the fourth quarter of fiscal year 2020, with currency-adjusted sales decreasing by 26%. This corresponds to a sales decline of 29% in Group currency to €583 million against €825 million in Q4 2019.
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This is the question at the heart of several editorial features in the March-April 2021 print and digital App edition of International Leather Maker (ILM), which examines the definitions of biodegradability and the current scope and limitations of leather’s end-of-life scenarios.
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Credit: Adidas
The German sportswear brand reported its 2020 financial year figures, which showed a revenue of €19.84 billion, down 16% compared to 2019.
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Credit: Leather Naturally
Leather Naturally has announced that it has two vacancies on its Supervisory Council and is looking to speak to candidates who want to support the organisation in its mission to educate about and promote leather.
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Michael Duck
After 27 years, Director of APLF and Executive Vice President of Informa Markets Asia, Michael Duck, is taking on a new and expanded role as Executive Vice President Commercial Development, as previously reported by ILM.
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Credit: Stahl
The Netherlands headquartered chemical specialist has appointed Maarten Heijbroek as CEO and Member of the Board, taking effect on July 1, 2021. He will be replacing current CEO Huub van Beijeren, who is set to retire after 14 years at the helm of the company.
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Credit: Claudio Schwarz
The latest exclusive technical article written by ILM Consultant Technical Editor Karl Flowers on plastic waste in tanneries is now available to subscribers of the ILM App, available for Apple and Android devices.
Read more...The leather sourcing show is launching Meet & Match, a virtual edition which will be held March 23-24, 2021, while a return to the event’s regular physical format at Fieramilano Rho is scheduled for September 22-24, 2021.
Read more...The Italian fashion group said it feels positive about 2021, despite the effects of Covid-19 in 2020. CFO Emilio Macellari said the 2021 market consensus, pointing to a 16% rise in revenue after a 30% drop, and an operating loss of €35 million last year, was “reasonable and doable”.
Read more...The Village des Métiers d’Excellence LVMH is an annual vocational trade fair promoting work-study programs and apprenticeships in creative, craft and retail professions. This year’s virtual fair, taking place on March 12, 2021, will include sessions on careers in leather goods, design, jewellery and more, led by specialists.
Read more...Owing in large part to its online sales increase of 77% to €6.6 billion, Spanish apparel group Inditex completed a successful financial year in 2020, despite the Covid-19 pandemic.
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At Bowron Sheepskins we are proud of our 100 year history as international brand. Arriving in the new colony of New Zealand, two brothers, George and William Bowron, master tanners of Yorkshire, started a new life and a journey to realise their personal dream – to start a tannery of their own.
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Credit: Reiss
British clothing brands Next and Reiss have announced a long-term strategic partnership whereby Next is set to acquire a 25% equity stake in Reiss, which is said to enable both brands to leverage their strengths and generate future growth.
Read more...Italy’s new Minister of Ecological Transition, Roberto Cingolani, has raised concern among the meat sector, as he called for a reduction in the country’s animal protein consumption in his first speech in the position.
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Credit: Hush Puppies
The UK’s largest value footwear retailer has announced its full results for the 2020 financial year and the appointment of Terry Boot as Finance Director with immediate effect.
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