Revenue declines continue for Capri Holdings in Q2
Capri Holdings has reported its financial results for the second quarter of fiscal 2024, with a revenue decline of 8.6% (10.1% at a constant currency) to US$1.29 billion. Read More...
PRINT & DIGITAL
Exceptional growth for Brunello Cucinelli in 2023 so far
Brunello Cucinelli has reported its financial results for the first nine months of 2023, when revenue was up by 27.5% at current exchange rates to €818.4 million (up 28.8% at constant exchange rates). Read More...
French government to launch repair reward scheme
France has announced a scheme in which consumers will be able to claim money back for clothing and footwear repairs. Read More...
Sustainable Apparel Coalition partners with Apparel Impact Institute
The Sustainable Apparel Coalition (SAC) has announced a partnership with Apparel Impact Institute (Aii). Read More...
LVMH announces excellent start to 2023 in Q1 results
LVMH has announced its results for the first quarter of the 2023 financial year, with recorded revenue up by 17% year-on-year to €21 billion. Read More...
12% net sales growth for H&M in first quarter
The H&M Group has reported its results for the first quarter of the current financial year, achieving a net sales increase of 12%. Read More...
Gucci launches Circular Hub for Italian luxury industry
Gucci, with the support of parent company Kering, has announced the launch of Circular Hub, an “open innovation platform” for circular product development in the Italian luxury industry. Read More...
Barbour forced to raise prices, says Managing Director
UK-based outdoor clothing and leather goods company Barbour is raising its prices due to the cost of living crisis, inflation and reduced demand. Read More...
The many consequences of fast fashion
Mike Redwood addresses the effects of fast fashion on society, the environment and the young designers who the leather industry is trying to support.
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One in five wear clothing more than 20 years old
According to a study commissioned by Leather UK, 51% of adults in the UK still own and frequently wear an item of clothing that’s a decade old or more, while 20% would still wear something that’s more than 20 years old.
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