Classic Leather and St. Timothy Furniture acquired by RHF Investments
RHF Investments, parent company of a series of furniture brands, has announced its acquisition of Classic Leather and St. Timothy Furniture.
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Business insights for the global leather community
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Conceria del Chienti to reopen with new investments
Conceria del Chienti will reportedly be reopening thanks to investments from Invitalia and AVM Sustainability.
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Prada Group acquires stake in Conceria Superior
Prada Group has announced the acquisition of a 43.65% stake of Conceria Superior, a tannery based in Santa Croce sull'Arno.
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The world’s lowest carbon automotive leather
The Scotland-based tanners, Bridge of Weir, suppliers of automotive leather to luxury car brands internationally, has revealed that it manufactures the lowest carbon intensity leather for the automotive sector, independently verified by a Life Cycle Analysis (LCA).
Read More...Strong performance for Schaffer’s auto leather division
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.
Read More...Dercosa rated LWG Gold for another two years
The extensive audit was performed by the Leather Working Group (LWG) in Dercosa’s facilities at the end of October.
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Marfrig partners with Cattle Producers Association of Paraguay
The Brazilian meat processor announced it has signed a memorandum of intent with the Paraguayan Association of Meat Producers and Exporters (APPEC).
Read More...Tanzanian tanneries operating below capacity
Challenges faced by the Tanzanian leather sector include low product diversification, limited access to finance and unproductive investments.
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Brazilian footwear production to increase 3% in 2019
An increase in the country’s GDP, the proposed Social Security Reform and the effects of the U.S.-China trade war could benefit the Brazilian footwear sector.
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Dr Martens potentially for sale
According to British media Sky News, the private equity owner of Dr Martens is planning to sell the iconic footwear brand.
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