Leather goods
ILM: September edition confirmed
Germany-held leather goods trade fair will take place, as initially scheduled, from the 5th to the 7th of September in Offenbach
Pakistan's footwear exports up by 4.29%
Footwear exports of the Asian country increased by 4.29% during the first eleven months of current financial year (2019-20) as compared to the corresponding period of last year
50% of luxury firms may be at risk
Daniel Langer, Chief Executive of Luxury, Lifestyle and Consumer Brand Strategy from firm Équité, believes half of the luxury brands around the world will fail to survive the COVID-19 crisis
Expo Riva Schuh & Gardabags: winter edition brought forward to December 2020
Riva del Garda Fierecongressi has established the new dates for the next edition of Expo Riva Schuh and Gardabags: 11th-14th December 2020, wishing to give a positive impulse towards a return to commercial exchange at international level
Italy: Council of Ministers approves decree protecting the term leather
The new law not only establishes a more correct terminology: it also establishes a ban on the use of the terms pelle/cuoio (leather) to identify materials which do not have an animal origin
It’s impossible to do good external promotion without going to trade shows
Orlando Soares from Portuguese-based Malas Peixoto Soares, a leather goods company with 70% of the production destined to exports, talks about the role played by external promotion in the growth of the company
Mexico: 80% of footwear companies lost more than 51% revenue
As footwear is not considered an essential sector, the industry is living with the suspension of activities and facing cancellations of purchase orders, liquidity issues and reduction in demand
Tod's with 29.4% drop in sales
The Italian-based luxury group had a strong start of the year, until the outbreak of the pandemic. Group sales totaled 152.8 million euros in quarter one, down by 29.4% in the first quarter of 2019
Picard calls for creditors’ protection
The Germany-based leather goods label has moved to ask for creditors' protection. The company took the hit of the Covid-19 crisis as most of the retail locations with their products are now closed
Pakistan: footwear exports increase by 15.86%
In the first nine months of the current financial year, footwear exports of Pakistan grew by 15.86%, with leather footwear being the main category and growing by 11.26% in value
Germany: postponing season timings for footwear and leather goods
The HDS/L and buying groups SABU and ANWR issued a joint declaration recommending postponing the season timings in footwear and leather goods sector to help minimise the impact of Covid-19 closures
India: leather industry asks the Government for a lockdown exit plan
One of the key players in the leather industry is now asking the Government to set a plan for the sector once the lockdown is exited next week. The Council for Leather Exports is urging for measures
Kering announces quarter heavily impacted by Covid-19
The luxury group has announced consolidated revenue in the first quarter of 2020 of 3 203.2 million euros, down by 15.4%, as reported (-16.4% on a comparable basis)
LVMH says its first quarter showed good resilience
The French-based luxury group recorded revenue of 10.6 billion euros for the first quarter of 2020, down by 15% compared to the same period in 2019 and down by 17% on an organic basis
New Generation: meet Ana Neto and Daniela Marques
Two friends of a lifetime have come together to bring to life a shared dream: create a business. And the brand Maria Maleta was born-
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