Indian exports of leather, leather products and footwear for the period of April to October 2022 totalled US$3.23 billion, up 20.9% over 2021, according to the latest data from the Council for Leather Exports (CLE).
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Stellantis has reported its financial results for the third quarter of 2022, with net revenues up 29% year-on-year to €42.1 billion.
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Minerva Foods Australia, a joint venture established by The Saudi Agricultural and Livestock Investment Company (SALIC) and Minerva Foods, has acquired Australian Lamb Company.
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Minerva Foods has reported its financial results for the second quarter of the 2022 financial year.
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Stellantis has reported its financial results for the first half of the 2022 financial year, achieving further record results after doing the same in 2021.
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Monthly data for Brazilian hide exports in April 2022, released by SECEX (Foreign Trade Secretariat) of the Ministry of Economy and reported by CICB/Brazilian Leather, shows a drop of 9.1% on the same month in 2021.
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Despite threats to business caused by Russia’s invasion of Ukraine, the Turkish footwear industry is reportedly optimistic about the future and the opportunities for diversifying markets.
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Stellantis has announced its plans to increase its majority share in GAC-Stellantis from 50% to 75%.
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Overall volume for car sales was down by 1.7% from already disappointing results in 2020, making for the lowest sales volumes since 1985, according to data gathered by JATO Dynamics across 28 European markets.
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According to JATO Dynamics’ data covering 26 European markets, the car market across the region has declined due to the ongoing semiconductor shortage, but electric vehicles continue to grab market share, and Stellantis has outsold previous leader Volkswagen.
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