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Kering Acquires Historic Milanese Building for €1.3 Billion
Kering recently announced its acquisition of the iconic via Monte Napoleone 8 building in Milan, a historic structure situated at the heart of the city's Quadrilatero della Moda,...
Deichmann Marks Record Revenue of €8.7 Billion in 2023 Amidst Strategic Investments and New Campus Development on 111th Anniversary
Europe's largest footwear retailer, Deichmann, celebrated its 111th corporate anniversary with optimism, closing 2023 with a historic revenue milestone of €8.7 billion. The...
JBS Australia Boosts Production at Dinmore Plant, Hiring 500 New Employees to Meet Growing Demand
JBS Australia is significantly increasing production at its Dinmore facility in Queensland, which stands as the largest beef plant in the southern hemisphere
Minerva Foods Reports Strong Fourth Quarter Turnaround with BRL 19.8 Million Net Profit, Despite Revenue Decline
Minerva Foods, South America's leading beef exporter, closed the fourth quarter of 2023 with a notable turnaround, posting a net profit of BRL 19.8 million, compared to a net loss of...
Kering Forecasts 10% Decline in Q1 2024 Revenue, Gucci Sales Hit by 20% Drop
In the face of anticipated challenges, Kering has warned that it expects a decline of approximately 10% in its consolidated revenue for the first quarter of 2024 compared to the...
Bata Group Partners with Leather Working Group to Drive Sustainable Leather Supply Chain Practices
As part of Bata Group’s dedication to establishing a responsible leather supply chain, reflecting its commitment to sustainability, conscientiousness, and responsibility, it has...
PUMA Unveils Plan to Return Up to 50% of Net Income to Shareholders
PUMA has announced its intention to allocate up to 50% of the Group's net income to shareholders through a combination of dividends and share buybacks. Bolstered by a strong balance...
Birkenstock Reports Record First Quarter Revenue and Affirms Fiscal 2024 Guidance Amid Strong Demand Growth
Birkenstock Holding has released its financial results for the first quarter of fiscal 2024, concluding on December 31, 2023. The company has reported record revenue for the first...
ABS Report: Record Lamb Slaughter and Meat Production Surge in 2023 Signals Booming Livestock Industry Growth in Australia
The Australian Bureau of Statistics (ABS) recently disclosed its quarterly data concerning slaughtered livestock and meat production, unveiling remarkable figures. Notably, there has...
9th Pakistan Mega Leather Show - Post Show Report
We are delighted to share the outcome of the 9th Pakistan Mega Leather Show in consecutive which was held in Lahore International Expo Centre, Lahore (Pakistan) from 26-28TH...
Ecco Leather Introduces Digitalized Leather
Ecco Leather has unveiled a groundbreaking solution to revolutionize the design process for creators. Termed Digitalized Leathers, this innovative digital format marks a...
Silvateam S.p.A. and wet-green GmbH Now Jointly Set the Benchmark in Plant-Based Tanning Technology
Mondovì, Italy, Reutlingen, Germany, 16th February 2024 - Today, a visionary partnership is announced: Silvateam S.p.A., world leader in the production of plant-based tannins, is the...
Leather Naturally lounge and breakfast meeting at APLF 2024
Leather Naturally will be present at the APLF 2024 in Hong Kong with its well-know lounge on level 3, concours 3E. We are happy to welcome our members for a coffee and chat and of...
Hermès Posts Record €13.4 Billion Revenues for 2023, Reflecting 15.7% Year-on-Year Growth
Luxury conglomerate Hermès unveiled its comprehensive financial report for the fiscal year 2023 on February 9th, revealing a surge in revenues to €13.4 billion, marking a...
Deckers Brands Reports Strong Third Quarter Fiscal 2024 Financial Results
Deckers Brands, a prominent player in the industry renowned for its inventive footwear, apparel, and accessories, has unveiled its financial performance for the third fiscal...
Stahl expands ZDHC level 3-certified portfolio
Stahl, the world leader in speciality coatings and treatments for flexible substrates, has achieved Zero Discharge of Hazardous Chemicals (ZDHC) MRSL 3.1 Gateway certification for...
Birkenstock Posts €1.492 Billion Revenues in Fiscal 2023, Marking 20% YoY Growth
Birkenstock, a prominent Germany-based global footwear brand, achieved notable financial success in the fiscal year ending on September 30, 2023, with reported revenues reaching...
Macy’s, Inc. Rejects Unsolicited Proposal from Arkhouse and Brigade
Macy’s has officially acknowledged the receipt of an unsolicited, non-binding proposal from Arkhouse Management Co. LP and Brigade Capital Management, LP on 1 December 2023. The...
EU Cracks Down on Greenwashing and Misleading Environmental Claims
Parliament has granted final approval to a directive aimed at enhancing product labelling standards and prohibiting the use of deceptive environmental assertions. The directive,...