News
ACLE 2020 rescheduled to 2021
In face of the unprecedented global COVID-19 pandemic, the organisers of All China Leather Exhibition (ACLE), APLF and the China Leather Industry Association (CLIA) have decided to postpone the 2020 event for next year
Richemont: quarter sales down by 47%
During the quarter under review, the group’s trading and operations were strongly impacted by Covid-19 and sales contracted significantly across all regions, channels and business areas, notwithstanding a 49% increase in China
More changes at Mulberry are underway
Last month, Mulberry announced plans to cut a quarter of its global workforce. Now, the British brand specialized in luxury handbags, should be about to close the offices in Paris and Hong Kong
The Covid Storm: From Difficulties to Relaunch
Expo Riva Schuh and Gardabags is kicking off with the first talk in the #PLAYfashion series, the latest digital initiative aimed at strengthening the relationship between the exhibition and its community
AAFA claims lack of trade credit insurance could hinder economy restart
A new report by economists Dr. Robert Litan and Dr. Yong Xu highlights the need for a government-sponsored backstop to support trade credit insurance (TCI) to ensure a safe recovery from the economic fallout caused by the COVID-19 crisis
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Indian leather sector: exports hit by COVID-19 suffers decline
Exports of the leather sector have been severely affected so far this financial year due to the COVID-19 pandemic, Aqeel Ahmed Panaruna, Chairman of the Council for Leather Exports stated
JD Sports Fashion: reports 3% rise in profit, but predicts uncertain footfall
The sportswear retailer says pace in stores should remain uncertain but believes to be well placed to regain its pre-pandemic momentum after reporting a 3% rise in annual profit
AAFA calls for national guidance on face masks
In a letter sent to President Donald J. Trump, the American Apparel & Footwear Association (AAFA) requested that the administration institute federal face mask guidelines to assist retail stores as the country continues efforts to reopen
Messe Frankfurt France is providing a new digital platform
The organiser of the international textile fairs Messe Frankfurt France teamed up with Foursource to offer a digital platform for Fashion fairs: Apparel Sourcing, Avantex, Leatherworld, Shawls&Scarves, Texworld and Texworld Denim Paris
Informa cancels Las Vegas shows
Trade show organizer Informa Markets Fashion announced that it will cancel its Magic trade show events planned for Las Vegas in September, mentioning uncertainties related to the pandemic
The Feeting Room opens new store
The Portuguese-based project has opened its third store in Foz do Porto, in the north of the country. Dedicated to the promotion and commercialization of national and independent brands, The Feeting Room is focused on Portuguese Footwear brands
Grendene's activities to be normalized
Starting today, the Brazil-based footwear manufacturer will restart its activities in all its units in the country, getting production up and running
Tod's: Diego della Valle denies sale and talks about recovery in China
The Chairman and CEO of the Italian premium fashion brand said he has no intention of selling the company. Diego della Valle says the brand is already seeing optimism in certain markets
Bangladesh’s leather exports down by 22%
Total exports of the leather industry in Bangladesh in fiscal year 2019-20 declined by more than 20%, with drops across all categories. Exception made by exports of other footwear (non-leather)
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