All articles by Vemula Pravalika
Vemula Pravalika
Apple Takes a Sustainable Leap: Phasing Out Leather Products for Eco-Friendly FineWoven Alternatives
During a live stream event held on September 12 to unveil the eagerly awaited iPhone 15 and the latest Apple Watch, the renowned consumer electronics brand, Apple, made a ground-breaking announcement. Apple has declared its discontinuation of all products crafted from leather, a decision rooted in the company’s unwavering commitment to achieving carbon neutrality across its entire product line up by the year 2030.
Stahl demonstrates progress on ESG ambitions with second consecutive Platinum EcoVadis rating
Stahl, a leading provider of coating technologies for flexible substrates, has been awarded a Platinum rating by the sustainability rating agency EcoVadis for the second consecutive year. For the 2023 EcoVadis assessment, Stahl’s rating increased by three points compared to its 2022 score, reflecting the company’s improved performance in the area of labour and human rights.
TFL restructuring production
Because of the ongoing weak development of the leather- and leather chemicals market in 2023 TFL is looking at its competitive framework and is reorganizing its production in central Europe. Consequently, TFL is planning to cease production at the plant (syntan plant) in Leverkusen, Germany, by end of 2023.
Wolverine World Wide Accelerates Portfolio Transformation: Hush Puppies IP Sale and Wolverine Leathers Business Divestiture
Wolverine World Wide has unveiled additional measures as part of its ongoing brand portfolio transformation, featuring the divestment of the Hush Puppies intellectual property within China, Hong Kong, and Macau, as well as the sale of its US-based Wolverine Leathers business
Annual report for Oeko-Tex 2023/23
Switzerland-based standards organization Oeko-Tex has unveiled its outcomes for 2022/2023, releasing over 43,000 certificates and labels. During the timeframe spanning from July 1, 2022, to June 30, 2023, Oeko-Tex recorded a remarkable 21% year-on-year escalation in this achievement. Particularly noteworthy is the impressive 52% expansion exclusively for its Made in Green label.
Polypropylene (Pph) Premium Tt Drum
Huni is the only producer of drum cylinders with a thickness of up to 10 centimetres. The absence of exterior welding reduces mechanical and physical tension and increases the drum’s resistance. No external reinforcement is necessary, and as a result, no maintenance is required. The increase in material thickness results in outstanding thermal insulation. The drum cylinder has a self-support mechanical system. Scientific studies have shown that THICKNESS MATTERS!
Change of CFO
After over 8 years as TFL Group CFO, Richard Fenton, has decided that for personal and career reasons he would like to leave the TFL Group. The Board and Executive would like to thank Richard for his excellent contribution to TFL since joining in 2015 and wish him well in his future endeavours.
Afga files leather printing case against Gucci
Digital printing business Agfa has started legal proceedings within the Unified Patent Court (UPC) against Gucci, a luxury brand under the ownership of Kering. The allegation pertains to Gucci’s alleged utilisation of Agfa’s patented leather printing technique in the creation of its product line.
Support coalition to advocate for leather and footwear industries in Brazilian parliament
The leather, footwear, and footwear components industries in Brazil have gained increased influence within the nation’s federal government. A support coalition, consisting of members of parliament from various states and political parties, was re-established in Brasilia on August 15. The Parliamentary Front for the Defence of Leather and Footwear has garnered endorsement from industry associations CICB (leather), Abicalçados (footwear), and Assintecal (footwear components).
Tandy Leather Factory reports decline in second quarter
Tandy Leather Factory announced its results for the second quarter of 2023, with sales down to $17.5 million, down 5% from $18.4 million in 2022. This comes after the first quarter reported a profit of $10.9 million, up from $10.5 million in the previous year.