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Capri Holdings fourth-quarter revenue down 11.3%

Published: July 8, 2020

The owner of the Jimmy Choo, Michael Kors and Versace fashion brands has reported an 11.3% decline in revenue for its fourth quarter, but a 6% revenue growth for its full year ended March 28, 2020.

Adidas business in China returns to growth

Published: June 5, 2020

The global sportswear manufacturer said that, throughout May, it continued to execute its store reopening plan around the world and Greater China is the company’s first major market on the road to recovery, with all own- and partner-operated stores having been open since mid-April.

Simac Tanning Tech exceeds expectations amid market uncertainty

Published: February 26, 2020

Organisers of the tannery, footwear and finished leather goods machinery show, which was held February 19-21 at Fiera Milano Rho, said it closed with excellent attendance figures which “exceeded expectations”, despite uncertainty prior to the fair caused by repercussions of the coronavirus outbreak and a lack of representatives from the Far East.

Sharp drop in net income for Capri Holdings

Published: November 8, 2019

The fashion holding Group has posted a 47% drop in net income for the second quarter of its fiscal 2020 ended September 28, 2019, compared with the same period in the previous year.

Tanneries in Chennai accused of groundwater pollution

Published: May 29, 2019

Local residents claim water obtained from bore wells is contaminated as an oily layer appears on the surface.

Lower U.S. wet-blue sales

Published: April 10, 2019

U.S. net sales of cattle hides totalled 467,300 pieces for the week ending March 28, +15% higher over the previous week and up +36% from the prior four-week average.

Wolverine Worldwide confirms ‘Global Growth Agenda’

Published: November 21, 2018

The footwear manufacturer headquartered in Rockford, U.S. state of Michigan, has reported revenue down -3.9% in the third quarter of the Company’s current fiscal year, to US$558.6 million.

Michael Kors struggles with brand positioning in Europe

Published: November 9, 2018

Overall, Michael Kors brand revenues were down -0.8% in the second quarter of the Group’s fiscal 2019, with Jimmy Choo delivering a better performance driven by its strength in the footwear segment.

Record sales for Lear Corp

Published: January 31, 2018

The U.S. headquartered supplier of automotive seating and electrical systems has posted record sales of US$20.5 billion in 2017, up +10% from the previous year.

Lanxess forecasts record year

Published: November 17, 2017

The specialty chemicals manufacturer says it is on course for the highest earnings in its history following an excellent third quarter of 2017, and has announced that it has made considerable headway in reducing climate gas emissions (CO₂e).