All articles by Barney horner
New Tannery and Shoe Factory Launched in Nigeria
An international start-up has been launched in London, with the aim of crafting a world-class leather value chain in North-west Nigeria, from tannery to marketing high-class artisanal products.
India Cracks Down on Polluting Tanneries Ahead of Hindu Festival
Authorities in the Indian city of Kanpur have ordered the “immediate shutdown” of 91 leather tanneries that were offloading their waste into the Ganga river, causing widespread water pollution, an official said on Tuesday.
Pakistan Leather Industry Wants Government Action
In a meeting with Pakistan’s finance minister and the Federal Board of Revenue, The Pakistan Leather Garments Manufacturers & Exporters Association (PLGMEA) expressed its concerns over the steep decline in leather-related exports.
Indian Exports on the Rise
India’s leather, leather products and footwear exports have increased by 5.25% during the period April-October, as compared to the same period last year. The information was published by India’s Business Standard and is based on data received from the Council for Leather Exports (CLE).
Chanel Acquires Minority Kenissi Stake
French fashion house Chanel announced on Monday that it aimed to strengthen its luxury watchmaking position with recent investments, including the acquisition of a small stake in Swiss parts maker Kenissi.
Leather is one of the highlights at the next edition of Inspiramais
São Paulo will soon host 15 tanneries all in one space, presenting leathers for the development of fashion collections and interior design with Brazil’s signature of quality and unique creativity
Indian Leather Industry Players Clash Over Unfinished Goods Export
Leather garment and footwear manufacturers in India have asked the government not to treat semi-finished leather as a finished product fit for export, as the move would impact on the availability of raw materials, industry sources have said
Farfetch Acquires Stadium Goods
Luxury fashion brand Farfetch has acquired New York-based Stadium Goods, opting to pay $250 million for the trainer start-up in a combination of cash and stock in Farfetch. Based in London, Farfetch went public on the New York Stock Exchange in September, pricing its shares at £16 apiece and raising £699 million in the process.
SATRA Chief Executive Retires
Austin Simmons, chief executive of SATRA, has announced his intention to retire later this year.
Michael Kors Becomes Capri Holdings
Following luxury group Michal Kors Holdings’ September 2018 acquisition of the Versace fashion house, for a sum exceeding £1.6 billion, the American conglomerate announced on Monday it would be changing its name to Capri Holdings, effective from 2 January.