Exor, the holding company owned by Italian business dynasty Agnelli, which founded Fabbrica Italiana Automobili Torino (FIAT), has invested €541 million in the French luxury footwear brand, acquiring a 24% stake.
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Exor, which holds 22.91% share in Ferrari, is to invest €80 million in Shang Xia, a luxury brand established by Hermès and designer Jiang Qiong Er.
Read More...Seeking to recognise the most inventive and innovative creations exhibited at the show, four tanneries have received the PV Awards on the second day of the Première Vision Leather trade show.
Read More...Brazil’s footwear component sector has recorded a 35% increase in exports between January and October 2016 year-on-year.
Read More...Chromium is by far the most popular tanning agent; however, due to increasing awareness of consumers to the potential risks of coming into contact with chrome VI; demand for chrome-free articles is on the increase.
With the launch of Tannesco FC, TFL aim to meet these demands from small skin producers (sheep and goat), and from hide tanners splitting in the lime, who look for ecological alternatives in the pretanning and tanning steps.
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