Bally’s German subsidiary enters preliminary insolvency
Swiss luxury footwear and leather goods brand Bally’s German subsidiary has entered preliminary insolvency proceedings. Read More...
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Strathberry secures investment to accelerate global expansion
Scottish luxury leather goods brand Strathberry has secured a growth investment from Soho Square Capital as it prepares to accelerate its international expansion, with a particular focus on North America and new stores. Read More...
Mulberry returns to growth as turnaround strategy gains traction
British luxury leather goods house Mulberry has reported improving financial performance for the year ending March 28, 2026, as its turnaround strategy delivered higher revenues, stronger margins and significantly reduced losses despite ongoing macroeconomic challenges. Read More...
Richemont invests €10m to expand Italian leather hub
Richemont has expanded its leather goods manufacturing footprint in Italy with an investment of more than €10 million in its Scandicci facility near Florence, reinforcing its long-term commitment to Italian craftsmanship and greater control of its luxury supply chain. Read More...
Burberry returns to profit as turnaround gathers pace
Burberry has reported a return to comparable sales growth and improved profitability for FY26, with momentum strengthening through the year and Q4 growth driven by Greater China and the Americas. Read More...
Richemont converts €100m Delvaux debt
Swiss luxury group Richemont has converted more than €100 million of debt into equity at Belgian leather goods maker Delvaux, in a move aimed at strengthening the historic brand’s financial position. Read More...
Burberry builds momentum in third quarter
Burberry has reported continued progress in its turnaround in the third quarter, with comparable retail sales increasing for a second consecutive quarter as demand strengthened across regions. Read More...
Leather keeps Hermès strong in Q3 as sales continue upward
Hermès has posted another strong quarter, particularly in Europe, the Americas and Asia, with Q3 sales reaching €3.9 billion, up 10% at constant exchange rates and 5% at current rates. Consolidated revenue for the first nine months hit €11.9 billion, an increase of 9% at constant exchange rates and 6% at current rates. Read More...
Tapestry’s “Amplify” growth strategy includes leather excellence focus
At its 2025 Investor Day in New York City, Tapestry presented its long-term growth strategy and financial targets, including its “Amplify” growth strategy. Read More...
Pasubio launches new platform following acquisitions
Automotive leather maker Pasubio has announced the creation of UNICA, an industrial and commercial platform aimed at reinforcing Italian craftsmanship within the global luxury sector. Read More...
