Credit: Tandy Leather

Tandy Leather reports weaker results for Q1

United States
Published:  19 May, 2022

The U.S.-based retailer and wholesale distributor of a range of leather and leathercraft related items has reported its first quarter 2022 results.

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Cotance to support IULTCS EuroCongress 2022

Europe
Published:  19 May, 2022

Cotance has announced its patronage for the upcoming III IULTCS EuroCongress event, which will take place in Italy from September 18-20, 2022.

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Current traceability in automotive leather

Worldwide
Published:  18 May, 2022

ILM Consultant Technical Editor Karl Flowers examines the current state of traceability in the automotive industry and how it can be expected to develop going forward.

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Credit: American Leather

American Leather Holdings names new CEO

United States
Published:  17 May, 2022

American Leather Holdings, which owns American Leather, Lee Industries, Brookline Furniture and BenchMade Modern, has named Brian Golden as its new CEO.

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Credit: Geox

Recovery for Geox in first quarter

Italy
Published:  16 May, 2022

Italian footwear and apparel manufacturer Geox has reported sales of €184 million in the first quarter of 2022, up 24.3%.

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Massive profit increase for JBS despite challenges

Worldwide
Published:  16 May, 2022

The Brazilian meatpacker has announced its first quarter results, with a profit increase of 151.4% to R$5.14 billion (US$1.02 billion).

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Credit: Mazda

Mazda releases full year financial results

Worldwide
Published:  16 May, 2022

Japan-based Mazda Motor Corporation has announced its financial results for the full year ended March 31, 2022.

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Podcast: Leather’s challenging environment in 2022

Worldwide
Published:  16 May, 2022

In the latest episode of ILM’s podcast, View from the Top, Deputy Editor Tom Hogarth brings you three articles that, together, present an image of the challenging global environment leather finds itself in today.

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Lanxess expert to speak on the need for biocides

Worldwide
Published:  16 May, 2022

In an upcoming webinar, hosted by ILM, Andreas Weckmann, Technical Marketing Leather Biocides at Lanxess, will discuss the need for biocides in the leather industry.

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Credit: Ferragamo

Revenues up for Ferragamo in first quarter

Italy
Published:  13 May, 2022

The Salvatore Ferragamo Group has reported its first quarter 2022 results, achieving revenue growth of 23.2% to €289 million.

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Credit: Coach

Tapestry’s third quarter results exceed expectations

United States
Published:  12 May, 2022

Tapestry has released its third quarter 2022 financial results, achieving 13% growth in net sales year-on-year to US$1.44 billion.

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Credit: Tod's

Tod’s sees 23% sales increase in first quarter

Italy
Published:  12 May, 2022

Italian luxury group Tod’s has reported a 23% increase in reported revenue for the first quarter of 2022 at €219.6 million.

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Revenue falls for Yue Yuen in first quarter

Hong Kong
Published:  12 May, 2022

Sporting goods distribution and retail group Yue Yuen Industrial Holdings has reported a 4% drop in revenue for the first quarter of 2022 at US$2.39 billion.

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Credit: Adidas

Supply issues affect Adidas in first quarter

Worldwide
Published:  12 May, 2022

In the first quarter of the current financial year, Adidas’ results show top-line growth reduced by €400 million due to supply chain issues.

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Tyson continues growth in second quarter

United States
Published:  11 May, 2022

Tyson Foods has reported its second quarter and first half results for the ongoing financial year.

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Australian Fashion Council launches fashion trademark

Australia
Published:  11 May, 2022

The Australian Fashion Council (AFC) has announced the launch of the Australian Fashion trademark to identify goods originating from the country.

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Credit: Bentley

Record first quarter for Bentley

Worldwide
Published:  10 May, 2022

Bentley Motors has announced its financial results for the first quarter of 2022, with operating profits up 162% to €170 million.

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Credit: Inspiramais

CICB joins Leather Naturally as associate member

Brazil
Published:  10 May, 2022

The Centre for the Brazilian Tanning Industry (CICB) is the latest organisation to join Leather Naturally.

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TFL to present on biobased finishes at Freiberg Leather Days

Germany
Published:  09 May, 2022

TFL will be holding a presentation at the upcoming Freiberg Leather Days event on the topic of biobased finishes.

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Credit: Zegna

Zegna revenues up in Q1

Italy
Published:  09 May, 2022

Zegna Group has reported its first quarter 2022 financial results, achieving revenue of €377.6 million, up 25.4% year-on-year.

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Lanxess to explain the benefits of biocides

Worldwide
Published:  09 May, 2022

In a free-to-attend upcoming webinar, hosted by ILM, experts from global chemicals business Lanxess will explain the benefits and challenges of using of biocides in leather.

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Registration open for 2022 IULTCS EuroCongress

Italy
Published:  06 May, 2022

Registration is now open for the III EuroCongress IULTCS 2022 “Rinascimento: The Next Leather Generation” event.

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Credit: Adient

2022 losses continue for Adient in second quarter

Worldwide
Published:  06 May, 2022

Global automotive seating company Adient has announced its second quarter financial results, reporting a net income loss of US$81 million.

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Credit: Bentley

Volkswagen Group manages growth in first quarter

Worldwide
Published:  05 May, 2022

Volkswagen Group has released its first quarter 2022 financial results, achieving growth in sales revenue of 0.6% despite the difficult global environment.

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Credit: Lear

Challenging market hits Lear in first quarter

United States
Published:  04 May, 2022

Automotive technology company Lear Corporation saw sales fall by 3% year-on-year in the first quarter to US$5.2 billion. Lear Corp includes leather processor, Eagle Ottawa. 

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Credit: Puma

Puma sales up in first quarter

Worldwide
Published:  03 May, 2022

Sportwear brand Puma has reported its first quarter 2022 results with sales increasing by 19.7% to €1.91 billion.

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Industry expert releases leather guide for beginners

Published:  03 May, 2022

In association with the UK Society of Leather Technologists and Chemists (SLTC), leather industry expert Richard Daniels has released another leather guide, this time aimed at the beginner who wants to know more about how to make leather.

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Luxury goods account for most counterfeits

United States
Published:  29 April, 2022

A report from Statista has revealed that more than half of the value of counterfeit goods seized in the U.S. in 2020 are luxury items.

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Credit: KatMoy/Shutterstock.com

Dior under pressure to reopen in Russia

Russia
Published:  29 April, 2022

Pietro Beccari, CEO of Dior, has said in a media interview that the company is under pressure from Russian authorities to reopen its closed stores.

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Credit: Volvo

Volvo increases revenue by 8% in first quarter

Worldwide
Published:  29 April, 2022

Volvo Cars has reported its first quarter 2022 financial results, with revenue increasing by 8% to SEK74.3 billion (US$7.59 billion)

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Live Freiberg Leather Days returns in Chemnitz

Published:  27 April, 2022

After an extended absence due to Covid-19, the 10th Freiberg Leather Days event will take place in Chemnitz, Germany from May 11-12, 2022.

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Zimbabwe eyes 40% growth for leather exports

Zimbabwe
Published:  27 April, 2022

According to trade promotion body ZimTrade, Zimbabwe is eyeing growth of 40% for leather products exports by 2030.

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Credit: Ugg

Ugg adds regenerative sheepskin for Fall 2022

Worldwide
Published:  27 April, 2022

Footwear brand Ugg, which is owned by Deckers, has announced that its Fall 2022 collection will feature sheepskin sourced from farms that practice regenerative agriculture.

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Credit: SeventyFour/Shutterstock.com

Podcast: A golden hour for leather messaging

Worldwide
Published:  27 April, 2022

ILM Deputy Editor Tom Hogarth narrates three articles from ILM columnist Mike Redwood around the current obstacles and efforts in the areas of leather messaging and education.

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Credit: UZA

President of Uzbekistan visits footwear manufacturer

Uzbekistan
Published:  26 April, 2022

President Shavkat Mirziyoyev recently made a visit to the city of Qarshi to see the UzShoes production facilities.

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Deforestation demystified in ILM May/June 2022

Published:  26 April, 2022

The latest digital issue of ILM is now available to view via the ILM app, featuring an in-depth look at deforestation and some of the efforts of leather-using industries to make a change.

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Credit: JBS

JBS Couros targets UK furniture market

United Kingdom
Published:  25 April, 2022

JBS Couros is focusing on the British furniture upholstery market this week, exhibiting Kind Leather at the January Furniture Show.

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Credit: Gorodenkoff/Shutterstock.com

Six Tyson plants achieve Zero Waste to Landfill

United States
Published:  25 April, 2022

Tyson Foods has announced that six of its plants have achieved Zero Waste to Landfill (ZWTL) Gold level validation.

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Credit: Gucci

Kering sees revenue jump 27% in Q1

Worldwide
Published:  22 April, 2022

The luxury fashion group has reported its first quarter results for the 2022 financial year, achieving €4.96 billion in revenue, up 27.4% on a reported basis.

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Credit: Brunello Cucinelli

Cucinelli reports higher first quarter results

Italy
Published:  22 April, 2022

Leather goods brand, Brunello Cucinelli has reported its first quarter 2022 financial results, achieving net revenues of €196.9 million, up 19.6%.

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Credit: Stella

Stella Q1 revenue driven by higher selling prices

Hong Kong
Published:  22 April, 2022

The footwear manufacturer and retailer, which also owns Simona Tanning, has reported its first quarter 2022 financial results.

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Credit: Nathan Bai/Shutterstock.com

Shanghai to maintain restrictions as cases rise outside quarantine

China
Published:  21 April, 2022

Authorities in Shanghai have reported that restrictions will remain in place for now even in districts which have cut Covid-19 transmission to zero.

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Leather goods and saddlery lead Hermès Q1 sales rise

France
Published:  19 April, 2022

The French luxury group announced on April 15 that revenues at constant exchange rates came in at €2.8 billion (US$3.06 billion) in the three months to March, up 27% at constant exchange rates, beating consensus estimates, which had forecast 15% organic growth.

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10th Freiberg Leather Days programme launched

Germany
Published:  13 April, 2022

VGCT and FILK Freiberg, organisers of the Freiberg Leather Days event, have released the programme for the event.

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Credit: Louis Vuitton

LVMH brings in €18 billion in first quarter

Worldwide
Published:  13 April, 2022

Luxury group LVMH has reported its financial results for the first quarter of 2022, with recorded revenue of €18 billion, up 29% year-on-year.

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Credit: Merrell

Merrell launches buyback and resale programme

North America
Published:  12 April, 2022

The footwear brand, which is owned by Wolverine Worldwide, has announced the launch of Merrell ReTread, its multinational product buyback and resale programme.

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ERICA collective agreement repository now online

Europe
Published:  12 April, 2022

ERICA, a repository for the European leather industry's collective agreements, is now online after more than a year of work.

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World Leather Day confirmed for 2023

Worldwide
Published:  11 April, 2022

The Leather Working Group (LWG) and Leather Naturally (LN) have confirmed that World Leather Day will take place in 2023 after a successful inaugural celebration.

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Credit: Mercedes-Benz

Mercedes unveils final Virgil Abloh collaboration

Worldwide
Published:  11 April, 2022

Mercedes-Maybach has unveiled its final Project Maybach collaboration with the late fashion designer Virgil Abloh.

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LWG adds Gruppo Mastrotto to Executive Committee

Worldwide
Published:  08 April, 2022

Renata Sartori, CEO of Italy based leather maker, Gruppo Mastrotto, has joined the Leather Working Group (LWG) Executive Committee, elected by the membership of the organisation.

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