Italy headquartered Ermenegildo Zegna, owner of the Zegna and Thom Browne brands, announced on January 25 preliminary and unaudited revenues of €1,493 million for the full year 2022, an increase of 15.5% year-on-year.
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Richemont has reported its third-quarter financial results, achieving an increase in group sales of 5% year-on-year at constant rates.
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The global luxury goods industry is poised to grow by 21% from 2021 to hit a market value of around €1.4 trillion, according to the latest report from Bain & Company.
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Italian leather goods group Piquadro has announced its financial results for the first six months of fiscal 2022-23.
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Automotive tier-1 supplier and manufacturer Forvia has reported its financial results for the third quarter of the 2022 fiscal year.
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The IULTCS has confirmed the Young Leather Scientist Grant Programme for 2023, with three grants available.
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Italian tanning Gruppo Mastrotto has announced a doubling of its production bonus for employees to a total of €1.5 million.
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In the first ten months of 2021, Portugal exported 58 million pairs of shoes, worth €1.41 billion (US$1.6 billion), which reflects an increase of 9% on a comparable basis to the previous year.
Europe remains the main destination for Portuguese footwear exports.
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Online retail giant Amazon has been fined €1.1 billion (US$1.24 billion) by Italy’s competitions watchdog for harming rival e-commerce logistics services and promoting its own.
Read More...The Japan Leather and Leather Goods Industries Association (JLIA) has released its latest data for leather trade, covering August 2021.
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