The Southern African Clothing and Textile Workers’ Union’s (SACTWU) leather negotiating team has won a wage increase above inflation for the general goods, handbags and footwear sectors. Read More...
Massive job cuts have continued in the second quarter of the year in Vietnam, with an estimated 217,800 jobs lost, according to the General Statistics Office (GSO). Read More...
Yue Yuen Industrial (Holdings), a subsidiary of Pou Chen Corporation that manufactures a large percentage of global athletic and outdoor footwear, reported that its net consolidated operating revenue for May was US$701 million against US$758 million a year ago, a 7.8% decline. Read More...
Mike Redwood examines the duality of craft and efficiency in the leather industry, and the importance of holding on to leather’s status as a natural material. Read More...
Yue Yuen Industrial Holdings has announced its results for the first quarter of 2023, when revenue fell by 12% to US$2.1 billion. Read More...
Sporting goods distribution and retail group Yue Yuen Industrial Holdings has signed a memorandum of understanding (MoU) with the Tamil Nadu government to establish a new factory. Read More...
Footwear group Stella International has reported its financial results for the first quarter of the 2023 fiscal year, with a significant revenue drop. Read More...
The Brazilian footwear sector created 24,000 jobs in 2022, according to the latest data from the Brazilian Association of Footwear Industries (Abicalçados). Read More...
The Chairman of the Indian Finished Leather Manufacturers and Exporters Association (IFLMEA) has claimed that the domestic industry will increase exports by three-fold over the next few years.
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Automotive tier-1 supplier Lear Corporation is reportedly working to sell its seating plants in Russia, a process delayed by legal complexities.
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