Login About Us Contact Us Media Info

Consumer spending will drive future Chinese leather sector growth

According to the China Leather Industry Association (CLIA), co-organisers of ACLE together with APLF, China’s total sales revenue in 2016 rose 3.2% year-on-year to US$212 billion. Overall leather and leather product exports closed at US$76.4 billion, down 11.3% compared with the previous year, while imports also decreased 7% to US$8.9 billion. 

Read More...

Mercedes-Benz best ever July sales

After the best first half year in the company’s history, Mercedes-Benz has started the third quarter very successfully. In July, 163,770 Mercedes-Benz vehicles were handed over to customers all over the world, an increase of 9.4%. Sales in the first seven months of the year rose to 1,170,389 units (+11.7%). Thanks to increased demand in all regions, the company achieved new best ever sales in July and in the period of January to July 2016. 

Read More...

Optimistic return to growth for Coach

The New York based design house of modern luxury accessories and lifestyle brands, has posted a 13% increase in third-quarter sales for the period ended March 26, 2016.

Read More...

Climate change, leather and environmental audits

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. 

 

 

Read More...

Faurecia helped by European car production recovery

French auto parts maker Faurecia said on April 15 its first-quarter sales rose 13.8%, helped by currency tailwinds and a recovery in European vehicle demand. The company also raised its European vehicle production forecast while cutting its South American outlook and reaffirming overall goals for 2015. Sales rose to €5.14 billion ($5.44 billion) in January-March from €4.52 billion a year earlier, Faurecia said in a statement.

Read More...

Nike’s Q3 earnings climb 16%

Nike Inc. reported earnings rose 16.0% in its third quarter ended February 28, to $791 million, or 89 cents a share, ahead of Wall Street’s consensus target. Sales rose 7.0% to $7.46 billion. Sales on a currency-neutral basis grew 11% for the Nike brand and 33% for Converse.

Read More...

Mixed fortunes for Kering

Kering, the French luxury and lifestyle company said on February 17 its net profit fell in 2014, reflecting lower demand for accessories and clothing at Gucci, its flagship label, and despite initial signs of a turnaround at Puma, its struggling sportswear brand.

Read More...