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Export industries await news on tariff subsidies

Export-orientated sectors await updates on subsidised electricity and gas tariffs across the textiles, surgical goods, carpet, and leather and sports goods industries, as federal government has failed to issue the notification after the energy tariffs expired on June 30, 2021, BOL News reports.

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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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Demands for EU action issued by social partners

On May 25, representatives of employers and workers in the European TCLF sectors met with the European Commission to discuss the current challenges facing the TCLF industries and potential EU action to help support the sectors and their workers. Following discussions on the impact of Covid-19 on the sectors and the need for a strong EU action, a joint statement was issued.

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Burton of London changes hands

French businessman Thierry Le Guénic is the new owner of Burton of London, following an alleged filing at the French Competition Authority on September 30.

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Rino Mastrotto acquires Nuova Osba

The Veneto based tanning group, specialised in premium bovine and calf leathers for the footwear, upholstery and automotive sectors, has acquired Tuscan tannery Nuova Osba.

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