LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, recorded revenue of €79.2 billion in 2022 and profit from recurring operations of €21.1 billion, both up 23%.
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Italy headquartered Tod’s Group operates in luxury and quality shoes, accessories and apparel markets under the Tod’s, Roger Vivier, Hogan and Fay brands. On January 25 the Group’s preliminary sales results for the fiscal year 2022 exceeded €1 billion up 13.9% compared with FY 2021.
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The first presentation sessions of the III IULTCS EuroCongress featured novel developments in leather chemistry, especially around beamhouse and wet-end process steps, as well as the latest updates in analytical methods and restricted substances.
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Leather Working Group has announced BMW Group as its newest automotive member, coinciding with the manufacturer’s goal to create the most sustainable supply chain in the industry.
Read More...On September 6, the fashion group opened the École Hermès des savoir-faire within its leather workshop in the village of Fitilieu in Isère.
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The Italian premium leather furniture maker has appointed Antonio Achille as CEO. The appointment coincides with the release of the company’s latest sales figures, which exceeded both 2020 and pre-pandemic results in the first quarter of 2021, as reported in full by ILM.
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The world’s largest meatpacker has announced its results for the first quarter of 2021, with net revenue up 33.2% year-on-year at R$75.3 billion (US$14.1 billion) and R$2 billion (US$400 million) in net income.
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Leather Naturally has confirmed the appointment of Kim Sena, Sustainability Manager at JBS Couros, to the group’s management board, elected with a large majority. He assumed the position on May 1, 2021.
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The France headquartered luxury conglomerate Kering has announced the completion of the first phase of its new global logistics hub in Northern Italy. The first part of the building has been operating since March 2020, and the second part, over 100,000 square metres, is scheduled to be operative by the end of the second quarter of 2021.
Read More...Half-year statutory net profit after tax (NPAT) for Schaffer Corporation amounted to AU$23.1 million (US$18 million), up from AU$13.9 million (US$10.80 million) in the first half of the Group’s fiscal year 2020.
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