goods

Rising Covid cases causing worker shortages

Published: January 11, 2022

Businesses in Mumbai, Delhi, Kolkata and Noida are facing a shortage of manpower as Covid-19 cases continue to rise.

Tax relief for leather and footwear makers in Marikina

Published: January 5, 2022

The Marikina city local government in the Philippines has passed legislation to exempt all leather goods and footwear manufacturers from paying tax amid pandemic struggles in the country.

Exports increase 11% in five months of FY2021/22

Published: January 5, 2022

According to data from the Pakistan Bureau of Statistics (PBS), leather goods exports increased by 11% year-on-year in the first five months of the current financial year (July to November 2021).

Azerbaijan cuts export duty for leather goods

Published: December 22, 2021

The Azerbaijani Cabinet of Ministers has made the decision to reduce the export duty rate on leather goods as part of its plans to stimulate the production of non-oil products.

More than half of young French people think animals are raised for leather

Published: December 9, 2021

A recent study, supported by the Happydemics study platform and conducted by Conseil National du Cuir (CNC), found that 54% of French people aged 18-24 think that animals are raised to make leather while 31% say that it is not a material of animal origin.

Mulberry interim results show strong recovery

Published: November 30, 2021

The British luxury leather goods brand has released its half-year results ending September 25, 2021 and has seen revenues increase significantly.

Continued growth for Hermès in Q3

Published: October 22, 2021

In the third quarter of the current financial year, the French fashion group saw sales growth of 31% at constant exchange rates compared to 2020 and reached 40% over two years.

LVMH records 46% revenue growth for 2021 so far

Published: October 13, 2021

Louis Vuitton Moët Hennessy (LVMH) has released its Q3-2021 results, showing recorded revenue of €44.2 billion (US$51 billion) in the first nine months of the year, an increase of 46% over 2020.

Leather product makers look for delay compensation

Published: October 12, 2021

Restrictions and lockdowns have resulted in production delays for leather goods manufacturers in Vietnam, and now foreign customers are cancelling and demanding compensation, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso).

Government to correct inverted duty on leather footwear

Published: September 20, 2021

The Goods and Services Tax Council has decided to correct the inverted duty structure on leather footwear from January 1, 2022, to help reduce the tax burden on the leather industry in India.