Leather goods
LVHM partners with Stadium Goods
The luxury house has formed a “partnership” with Stadium Goods, the New York City-based sneaker consignment company. The deal is being set through LVHM Luxury Ventures
MIPEL: number of visitors up by 5.6%
Comparing to the 2016 February edition, the Milan-based leather goods and accessories trade fair grew in visits and exhibitors
A new era for Portuguese Leather Goods
Young. Modern. Sophisticated. This is the new Portuguese leather goods and saddlery industry. A new campaign to promote the industry is here
Hermès with strong growth in sales
The French-based luxury group announced a 9% increase in sales (at constant exchange rates) in 2017, with well-balanced contributions across the business lines and all geographical areas
Footwear sector in Vietnam expects increasing FDI
Lefaso, the local Leather, Footwear and Handbag Association, is expecting foreign capital flows into the footwear industry to increase during the current year
Maria Maleta: How it's made your backpack
The Portuguese brand of fashion accessories shows the entire process, since the moment of choosing the raw-materials, through all the production and packaging procedures
Strong year at LVMH
A leading player in the luxury segment, LVMH Moët Hennessy Louis Vuitton recorded revenue of 42.6 billion euros in 2017, an increase of 13% over the previous year. Organic revenue growth totaled 12%
New collaborative project presented by the Portuguese industry
The FAMEST project was formally presented by the Portuguese Footwear and Fashion Cluster last November
Ferragamo loses 25% of profits
The Italy-based luxury brand has posted a decrease in revenue for the quarter and for the accumulated in the year. Decline in profit for the first nine months of the year reaches the 25% threshold
Kate Spade weights on Tapestry's results
Performance in the first quarter was in line with Tapestry expectations. Recently acquired Kate Spade contributed positively for the quarter's results
Better than expected results at Michael Kors
For the second quarter ended on the 30th of September total revenue increased by 5.4%, better than expected. The company is going through a transformative moment and recently has acquired Jimmy Choo
Declining revenue at Tod's
The Italy-based luxury group has announced decreasing revenue for the first nine months of 2017. A declining performance across all geographies and most of business segments was registered
Hermès to expand production in France
The France-based luxury group has announced it will open two new leather-goods production sites within the next two years in France
Michael Kors completes acquisition of Jimmy Choo
Under the terms of the transaction, Jimmy Choo shareholders received 230 pence per share with a total transaction value of approximately 1.35 billion US dollars
Good performance for leather footwear in Bangladesh
According to the local Leathergoods and Footwear Association, the leather industry as a whole closed the first quarter achieving 99% of the exports target for the period. Leather footwear surpassed its target-
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