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CLIA reports rise in leather products

In anticipation of the All China Leather Exhibition from August 31- September 2 in Shanghai, China Leather Industry Association (CLIA) has reported a rise in footwear, bags and hides and skins - key leather sectors in 2020. 

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Changing face of the U.S. retail landscape

A report by the Swiss multinational investment bank, UBS has found there were 115,000 shopping centres across the U.S. at the end of 2020, compared with 112,000 in 2010 and 90,000 in 2000. However, UBS has estimated that 80,000 retail stores will shut across the country by 2026. That assumes e-commerce sales rise to represent 27% of total retail sales, up from the current 18%.

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Rise in demand for sheepskin slippers

As Covid restrictions continue and lockdown measures are applied again in some countries, sales of comfortable slippers, particularly made of sheepskin, are reported to have significantly increased.

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U.S. reopens market for Brazilian beef

Tereza Cristina, Brazil’s Minister of Agriculture, said the U.S. has reopened its market for Brazilian beef, leading to a rise in shares of the major Brazilian meat processors.

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Automotive mega-trends provide threats and opportunities for leather sector

The global rise in the premium SUV segment will provide key opportunities for the automotive leather supply chain, while mega-trends such as mobility and the rise in green tech constitute threats as the focus is shifting from car interiors to connectivity. These are some of the key findings by Giacomo Rossi, Senior Consultant, Mobility Europe, at automotive consultants Frost & Sullivan, who presented at the 4th ILM Automotive Leather Supply Chain Conference in Europe, which was held on May 21 in Munich, Germany.

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