distribution

Faurecia strengthens its liquidity with a private placement

Published: January 27, 2021

The France headquartered automotive seating and car parts manufacturer has successfully placed an additional issue of bonds due 2027 through a private placement for an amount of €190 million (yield at issue of 2.25%).

Amazon to use J.C. Penney and Sears stores as distribution centres

Published: August 17, 2020

E-commerce giant Amazon could use vacant J.C. Penney and Sears stores as distribution centres, according to U.S. media reports.

JBS to hire 5,000 additional workers in Brazil

Published: August 11, 2020

The Brazilian meatpacker is to create 5,200 jobs across Brazil in cutting, slaughtering and deboning beef, poultry and pork, as well as vacancies at its leather division, JBS Couros.

Rocky Brands continues to manufacture as usual

Published: March 31, 2020

The U.S. headquartered developer and manufacturer of outdoor, work, western and military footwear, announced it has been deemed as ‘essential business’ and will continue to ship products from its distribution centre located in the midwestern U.S. state of Ohio.

Minerva Foods signs MoU for joint venture in China

Published: October 4, 2019

The Brazilian meatpacker has signed an agreement aimed at growing its presence in China.

Parkour negotiates rough terrain

Published: August 28, 2019

Whatever definition of marketing you use, and the leather industry has a poor record at definitions, it was not leather industry marketing that caused the global financial crash in 2007 nor pushed hide prices over US$100 a hide a couple of years ago. On the other hand, it was a clear industry failure to grasp even the fundamentals of marketing that has meant there has been so much surprise that leather has not seen a rebound in market share since hide prices started collapsing.

Il Bisonte has new owner

Published: June 13, 2019

The Florentine leather bags and accessories brand has been sold to Look Holdings, the Japanese fashion distribution specialist.

Puma officially exits Kering

Published: May 17, 2018

French luxury conglomerate, Kering, has announced the international sportswear brand is officially spun off from the Group as of May 16.

Sharp rise in leather goods revenue for Kering in Q1

Published: April 25, 2018

The French luxury conglomerate has reported another quarter of “very strong” revenue growth, well balanced across regions and distribution channels.

JBS Couros achieves highest LWG ranking for traceability

Published: February 22, 2018

Brazilian leather processor, JBS Couros, has once again received the top audit traceability award from the Leather Working Group (LWG) for eight out of fifteen of its South American plants.