Leather goods
Tapestry: sales fall by 7% in holiday quarter
The New York-based house of modern luxury accessories and lifestyle brands reported results for the fiscal second quarter ended on the 26th of December 2020. Tapestry, the owner of Coach, Kate Spade and Stuart Weitzman registered a 7% decline in sales during the last quarter of the year
Portugal: sustainability in the footwear industry
As the Week of Environmental Responsibility in the Footwear Industry, organised by APICCAPS and CTCP, approaches its end we bring you a new video presenting key elements of the current status of Sustainability in the Portuguese footwear industry
5th edition of CEC's International Footwear Forum gathers 25 associations
The European Footwear Confederation (CEC) organised the fifth edition of the International Footwear Forum (IFF) on the 2nd of February 2021. Held virtually, the IFF brought together 25 associations from 24 countries across the globe to discuss current common challenges for the footwear industry
Portuguese Footwear Industry hosts Environmental Responsibility Week
APICCAPS, the Portuguese Footwear Association, and CTCP - Portuguese Footwear Technological Centre are organising a week of events dedicated to Environmental Responsibility. 150 specialists will gather online to discuss an array of relevant topics
Tapestry named a Best Place to Work for LGBTQ Equality
The Human Rights Campaign (HRC) has ranked Tapestry as a “Best Place to Work for LGBTQ Equality”. Having achieved a score of 100% on HRC’s 2021 Corporate Equality Index, Tapestry earns this designation for the 7th consecutive year
LVMH completes the acquisition of Tiffany & Co.
The luxury group announced that it has completed the acquisition of Tiffany & Co., the global luxury jeweller. The acquisition of this iconic US jeweller will transform LVMH’s Watches & Jewellery division and complement LVMH’s 75 distinguished Maisons
India: total exports drop by 0.8%
The country's exports declined marginally by 0.8% to 26.89 billion US dollars in December 2020, due to the contraction registered in sectors like petroleum, leather and marine products, according to preliminary data released by the Ministry of Commerce and Industry
Chloé appoints Gabriela Hearst Artistic Director
The Richemont-owned French luxury fashion house announced the appointment of Gabriela Hearst to the position of Artistic Director after making official the departure of Natacha Ramsay-Levi last week
Tapestry: Pam Lifford and Thomas R. Greco join Board of Directors
The New York-based house of modern luxury accessories and lifestyle brands announced that Pam Lifford and Tom Greco have been appointed to Tapestry’s Board of Directors. This brings the Board Membership to Ten
Next edition of Micam announced for March 2021
The footwear trade show will be, once again, part of the #strongertogether project. The 5 trade fairs from the fashion system will once again be held on the same dates at single location, the Fieramilano Rho. Micam will be a 3 days event this time
A week dedicated to the Portuguese Leather Goods Industry
CTCP and APICCAPS promoted, from the 19th to the 23rd of October, a week dedicated to the leather goods sector. This week had a wide program of online initiatives, such as webinars about production, brands, technologies, luxury and fashion trends
Tapestry with 14% decline in sales
Despite the falling sales performance registered in the first quarter of the new fiscal year, Tapestry says it is pleased with the achieved results, which are above the company's expectations
Hermès returns to growth
Sales in the third quarter (+7% at constant exchange rates and +4% at current exchange rates) are driven by strong activity in the group's stores (+12% at constant exchange rates), the momentum in Asia and a significant improvement in all other geographical areas
Kering overcomes expectations despite 4.3% sales decline
The luxury group announced consolidated revenue in the third quarter of 2020 of 3 717.7 million euros, down by 4.3% as reported. Double digit growth in North America and Asia-Pacific contributed to the period's performance
LVMH: fashion and leather goods division with improved revenue
The luxury group recorded revenue of 30.3 billion euros in the first nine months of 2020, down by 21%. Revenue was down by 7% in the third quarter, reflecting an improvement in trends, with a return to growth in the Fashion & Leather Goods segment-
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