All articles by Vemula Pravalika
Vemula Pravalika
Nike’s First Quarter Reports Revenue Growth
Nike has released its financial results for the first quarter of fiscal 2024, revealing a 2% year-on-year growth in revenue, reaching US$12.9 billion.
View from the US
After weeks of stagnant prices and what sources called a “boring” market, US hide sellers managed to start pushing steers a little higher at the end of July. While demand was still not up to par in most segments, packers were well-positioned enough to hold out for higher levels. By the first week of August, however, customers were seriously pushing back against rising hide prices.
WWF Joins Forces with Leather Working Group and Textile Exchange to Spearhead Deforestation-Free Leather Supply Chains Initiative
In a major development for the Deforestation-Free Call to Action for Leather, the World Wildlife Fund (WWF) has assumed a new role as partner in collaboration with the Leather Working Group and Textile Exchange. This partnership entails close cooperation with signatories to formulate strategies for establishing supply chains that are free from deforestation and conversion. WWF’s involvement will encompass the provision of expert guidance, facilitation of collaborative endeavours, and support in helping signatories establish achievable goals aimed at eradicating deforestation and the conversion of natural ecosystems linked to cattle farming.
Global reach
As a by-product, cattle hides have a complicated relationship between supply and demand. Of course, demand is the primary driver for sales, but supply plays an important role too. The issue is that there are many moving parts on the supply side and change can be slow to happen. Vera Dordick reports on the state of leather markets around the world.
A game changer in the leather industry
As sustainability is becoming increasingly important in all industries, how can practices that have been built through centuries of tradition keep up? Silvateam brings its innovative Ecotan technology to the market and, as the first bio-circular leather, with it a shift towards a greener future.
Smart solutions for leather cutting
Zünd is set to showcase all aspects of digital, intelligently networked leather cutting at Simac in Milan, Italy. Together with software partner Mind, Zünd will be presenting a wide range of innovative solutions for efficient leather cutting.
How ‘quiet luxury’ is putting the spotlight on topcoats for leather goods
The traditional practices of leather goods may have stayed the same for centuries, but trends are always changing. Joachim Henkmann, global marketing manager for leather at Stahl, explains how its range of topcoats can help keep leather with the times.
Technology, innovation and sustainability
Founded in 2000 with headquarters in Montebello Vicentino, Italy, COS.T.A. is a company specialised in the design, construction and installation of lines and complete systems for special processes such as coating, embossing, printing, coagulation, lamination and ennobling of splits and hides.
Assocalzaturifici hopes for boost from Micam exhibition
The September installment of Micam debuted in Milan on September 17, featuring 1,024 exhibitors, including 520 from Italy and 504 from various other countries. This exhibition is set to run until September 20.
Arlei Garners ‘Efficient Argentina’ Award for Remarkable Energy Savings and ISO 50001 Compliance
Argentinean tanning conglomerate Arlei has earned recognition from the government ministry responsible for advancing clean energy initiatives through the “Efficient Argentina” award. This prestigious accolade applauds Arlei’s successful implementation and certification of an energy management system compliant with the ISO 50001 standard.