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Turning leather scraps into yarn

Korean start-up ATKO Planning, has devised a process that re-uses leather scraps and turns them into a textile yarn to be used for footwear and apparel applications. 

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LVMH launches the first online resale platform for fashion and leather materials

LVMH has launched Nona Source, the first online resale platform for “re-sourcing” materials from the group’s Fashion & Leather Goods Maisons. Designed by LVMH’s in-house experts Marie Falguera, Romain Brabo and Anne Prieur du Perray, Nona Source supports the group’s environmental strategy by rethinking sourcing and supporting the circular economy. It is incubated by LVMH’s DARE (Disrupt, Act, Risk to be an Entrepreneur) programme to accelerate innovative solutions.

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TCLF social partners outline impact of Covid-19

The European Textile, Clothing, Leather, and Footwear (TCLF) social partners said the disruption of supply chains and the shutdown of retail outlets due to the Covid-19 pandemic completely destabilised these industries by dramatically reducing sales, leading to extreme contractions of revenues and financial distress for companies across all value chains.

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Geox sales down by double digits

The Italian footwear brand has reported sales of €182.9 million for the first quarter of 2020, down 29.9% at current rates and 30.2% at constant exchange rates. The company said it is working closely with its suppliers to reduce purchases for the upcoming autumn-winter collection as a result of the coronavirus pandemic.

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