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U.S. red meat production slowing

The National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA), has reported commercial red meat production fell by 7% in December compared with the same period in 2021.

Tanners to receive Tk4 billion bank loan cap

The Bangladesh Bank has set a loan cap of Tk4 billion (US$42.74 million) for tanners to procure rawhides in the upcoming Eid-ul-Azha season.

Super Tannery reports loss in full 2022 results

The oldest buffalo leather tannery in North India has announced its fourth quarter and full 2022 financial results.

Richemont more than doubles operating profit

Richemont has released its results for the financial year ended March 31, 2022, achieving more than double operating profit over the previous year.

Freiberg Leather Days celebrates 10th anniversary

Delegates, online and live, were provided with a review of the previous 10 editions of the conference during the 10^th edition of the Freiberg Leather Days conference in Chemnitz on May 11. 

Renault 2021 results exceed expectations

The French automotive group has announced its 2021 financial results, reporting group revenue of €46.2 billion, an increase of 6.3% on 2020.

De Lijn invests in recycled leather waste material for seating

Flemish public transport company De Lijn has announced plans to spend as much as €400,000 each year on adding recycled leather seating to new buses and trams.

Portuguese footwear and leather goods exports rebound

In the first ten months of 2021, Portugal exported 58 million pairs of shoes, worth €1.41 billion (US$1.6 billion), which reflects an increase of 9% on a comparable basis to the previous year.

Europe remains the main destination for Portuguese footwear exports. 

Japanese leather imports up almost 50% in August

The Japan Leather and Leather Goods Industries Association (JLIA) has released its latest data for leather trade, covering August 2021.

Pecca more than doubles net profit for 2021

The Malaysian automotive leather seat manufacturer closed its 2021 financial year with a net profit of RM19.23 million (US$4.65 million), more than twice the result from the previous financial year.