Leather goods
Tapestry declares quarterly cash dividend
The New York-based luxury house announced a new cash dividend following the announcement of third quarter results marked by sales increase of 1%. A consolidating trend building up from previous sales growth now resulting in payment of dividends
Hermès inaugurates regional training hub in France
The French-based luxury house is strengthening its territorial presence in the country with the inauguration of a seventeenth leather goods workshop in Fitilieu (Isère)
Tod's revenue declines
Consolidated sales for the Italian-based group amounted to 216.4 million euros in the first quarter of 2019, down by 4.3% from similar quarter in 2018
Kering: Italy tax settlement is closed
The French-based luxury group announced that it has concluded a settlement with the Italian Revenue Agency relating to claims vis-a-vis its Swiss subsidiary Luxury Goods International S.A. (LGI)
Tapestry consolidates growth in sales
The New York-based luxury house has announced third quarter results. Sales increased by 1% in the period, consolidating previous sales growth, and the management continues pleased with the results achieved
Hermès with acceleration in sales
In the first quarter of 2019, the group's consolidated revenue amounted to 1 610 million US dollars, up by 16% at current exchange rates and by 12% at constant exchange rates, thanks to dynamic sales growth in group stores (+13% at constant exchange rates)
LVMH completes the agreement with Belmond
The French-based luxury house has announced it closed the deal with Belmond. On the same occasion, dividends referring to 2018 results have been approved
Gucci's new strategy to connect with millennials
The Italian luxury brand of fashion and leather goods is opening 6 call centres. The aim of the strategy is to better interact with high-spending millennials engaging them with the brand
Talking sustainability with the Chairman of Leather Naturally
Leather Naturally has recently secured funding of 1.5 million US dollars to launch a global campaign to promote the use of leather. We took the opportunity to speak to Egbert Dikkers, Chairman of the Leather Naturally Management Board
Expo Riva Schuh and Gardabags announce new edition
Expo Riva Schuh and Gardabags are taking place from 15th to 18th June 2019 at the exhibition center of Riva del Garda, integrating the offer of footwear and accessories for the volume sector in a single location
Kering with good performance
The group's revenue in the first quarter of 2019 reached 3.79 billion euros, up by 21.9% as reported (up by 17.5% on a comparable basis). Kering owns a portfolio of brands, which include names such as Gucci and Yves Saint Laurent
This is Charlie, Belcinto's first travel bag
Charlie was Belcinto's first travel bag. Robust, durable and trustworthy are the words used by the company to describe a product which has been in use for decades
Bangladesh with leather exports off target
In the first nine months of the current financial year, exports revenue of the leather industry in Bangladesh declined by 9%, reaching just over 770 million US dollars
LVMH: France’s most attractive employer
Each year Universum conducts an annual survey with more than 35 000 students at French engineering and business schools to rank the companies where they would most like to work. In 2019 LVMH ranked number 1
Good start of the year for LVMH
LVMH recorded revenue of 12.5 billion euros for the first quarter 2019, an increase of 16%. Organic growth was 11% compared to the same period of 2018. All geographic regions are experiencing good growth-
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