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Second-hand luxury gaining momentum in China

Up to now, Chinese consumers were reported to be resistant to purchasing second-hand luxury items, but Millennials and Gen Z are said to be shifting their focus as a result of the pandemic. 

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A balanced view

The last decade has seen very little growth in productivity in industry, even during the last five when we were well clear of the financial crisis and GDP growth should have been accelerating. Governments have been baffled as it has been such growth that increases incomes and wealth.

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Pre-loved fashion as the new consumer model

Rebelle, the online platform for high-quality luxury goods, said in its Resale Report 2020 that, as an effect of the Covid-19 crisis, there has been a 40% increase in the search for investment pieces, such as the Hermès Birkin Bag, especially at the end of March.

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CNC mobilises to help French leather sector

Many leather companies in France, from both the industrial and distribution sectors, are at a standstill due to the COVID-19 restriction measures put in place by the French government since March 16.

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ATC to manufacture hand sanitisers

Usually only granted to companies from the cosmetic and pharmaceutical sectors, France based ATC Tannery Chemicals has succeeded in obtaining a license to manufacture hand sanitisers.

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