The national footwear industry association Cavecal said that the quantity of country’s hides available for its members is not sufficient to fill the needs of the industry
The private equity firm acquired 90% of the capital of the Italian fashion house. Francesco Trapani is the new Chairman of Roberto Cavalli and Renato Semerari is appointed CEO
The Italian fashion house confirmed it had blocked, seized or destroyed more than 100 000 fake products in a “fierce global battle against counterfeiting”
France-based luxury goods group announced fourth quarter sales growing by 11.8% at current exchange rate (9.6% at constant exchange rates). Annual revenue was up by 11.1% (9.7% at current rates)
According to APICCAPS, the Portuguese Footwear, Components and Leather Goods Manufacturers’ Association, during 2014 the industry managed to increment sales abroad by 8%