money

We must stay focused on ESG investments

Mike Redwood Published: January 18, 2023

Mike Redwood discusses the need for the global leather supply chain to continue investments in ESG despite rising costs.

JBS to close U.S. plant-based foods business

Published: October 5, 2022

JBS SA has announced that it will close its U.S. plant-based foods business Planterra Foods after around two years of operation.

Clarks workers may strike over fire and rehire policy

Published: July 15, 2021

109 workers at Clarks footwear warehouse and headquarters in Somerset, UK are considering strike action as the company threatens to dismiss them and rehire them on worse contract terms.

Social media in the news

Published: July 1, 2020

In the last decade, companies have slowly come to realise that a communications strategy does not work if it does not include a significant weighting towards social media. They have also very reluctantly accepted that it is not free, but that to make serious inroads money needs to be spent, and if an agency is being used to do it, a lot of training is required before they can reply meaningfully and promptly to enquiries.

Tuscan tanners arrested for money laundering

Published: March 5, 2018

The leather district of Santa Croce sull’Arno, Italian region of Tuscany, has been shaken by a number of recent arrests resulting from a three to four-year investigation led by the Italian police.

GSC Group celebrates 40th birthday and supports deaf students

Published: August 2, 2017

Italian leather chemical maker, GSC Group is celebrating its 40^th anniversary this year and will be raising money for charity from its stand at this year’s ACLE in Shanghai in aid of a school for deaf children in Bangladesh.

Successful money raising for GSC Group at Simac

Published: May 5, 2017

The Italy based leather chemical producer successfully raised money for charity through its "Win the Happiness" initiative during the fair Simac Tanning Tech 2017.

Major EU hub for counterfeit goods dismantled

Published: December 12, 2016

Europol announced it carried out the largest law enforcement operation against intellectual property crime and money laundering in Spain on November 29, 2016, seizing almost 265,000 products infringing intellectual property rights, including leather goods, footwear, textiles, watches, sunglasses, and jewellery.

If you want to make money – open a coffee shop

Published: September 28, 2016

In pretty much every city in Europe and China that I have been recently, the retail traffic appeared significantly down compared with a year ago. Part of this is the big shift to online purchasing as more and more consumers find smartphones and tablets a very convenient way to buy.

Climate change, leather and environmental audits

Published: May 22, 2015

By Catherine Money, Catherine Money Consulting, Melbourne, Australia. That climate change is happening is unequivocal. We are heading towards 2014 being the hottest year on record; the world’s warmest 10 years have all been since 1998; last year carbon dioxide levels rose by the highest amount in 30 years; and we are still on track for a 6°C rise in temperature and phenomenal sea level rises. The impacts of climate change are already affecting communities around the world. Article first published in ILM January - February 2015 edition.