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Keeping leather relevant

We are now in a world where living with the pandemic is normal and resilience in business matters more than ever. Companies must be able to adapt quickly to the unexpected. Anything can happen from cash flow interruption to worker absence, supply chain turmoil to end user revolt, sudden lockdowns and travel restrictions. 


Adidas agrees to sell Reebok to Authentic Brands Group

Adidas has announced that it has entered into a definitive agreement with Authentic Brands Group (ABG) to sell Rebook for a total consideration of up to €2.1 billion, with the majority to be paid in cash at closing of the transaction and the remainder comprised of deferred and contingent consideration.


Ralph Lauren releases fiscal 2021 results

The global fashion company has reported its fourth quarter and full year fiscal 2021 results, with revenue growth in Asia and Europe and a plan to reinstate its quarterly dividend in Q1-2022.