Business insights for the global leather community

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Leather and wool take centre stage at Only Natural 2026

Leather and wool have featured prominently among the winners of the Only Natural Student Design Competition 2026, with emerging designers using the materials to explore craftsmanship, circularity, identity and new approaches to natural materials. Read More...

Spinnova targets US$15 million IPO

Finnish textile fibre company Spinnova is exploring a US$15 million initial public offering (IPO) as it looks to raise capital to support the next stage of its growth, according to financial reporting. Read More...

Puma free cash flow soars despite sales slump

Puma has reported a 9.4% decline in currency-adjusted (CA) sales in the second quarter of 2026 to €1.69 billion, as reset measures and softer consumer demand weighed on performance. Reported sales fell by 9.7%. Read More...

Chanel sales rise as Blazy collections drive demand

Chanel’s comparable revenue has reportedly increased 16% in the first half of 2026, outperforming several major luxury rivals, according to Bloomberg financial reporting, as demand strengthened following the debut of creative director Matthieu Blazy’s first collections. Read More...

Gucci revival helps Kering return to growth

Luxury group Kering reported first-half 2026 revenue of €7.22 billion, down 3% as reported but up 1% on a comparable basis, with second-quarter revenue reaching €3.65 billion, up 1% as reported and 2% on a comparable basis, marking a return to growth. The Group said the quarter reflected improving brand desirability, commercial momentum and operating performance, with a marked acceleration at Gucci. Read More...