Market reports - Page 4
Stay up to date with the latest Market reports updates from the global leather international industry
Nigerian Leather Exports Worth $600 million a year
According to a report by JCR-VIS Credit Rating Company, Nigeria generates somewhere between $600 million and $800 million per annum through leather exports
Kenya Welcomes New Leather Factory
Residents of Nairobi in Kenya will be able to access locally made leather products in the next couple of months, following the opening of the Kariokor leather factory.
LK Bennett Has Chinese Buyer
LK Bennett has been bought out of administration, saving 325 jobs
Dr Martens to Float on Stock Market
Permira, private equity firm and owner of Dr Martens, is reportedly planning to either float the British heritage footwear brand on the US stock market or sell it.
Silas Capital Invests in Bellroy
New York-based Silas Capital has invested in Bellroy, a digitally-native leather goods company from Australia looking to expand in the US market. The amount invested was not disclosed...
Luxury Goods Tax Rise Recommended by Nigerian Parliament
Nigeria’s parliament has requested that the government consider increasing taxes on luxury goods in an effort to boost revenues, it said on Tuesday.
Another record high for cruise visitors to British ports, as Cruise Britain celebrates 10th anniversary
Figures released today by Cruise Britain show that the number of cruise passengers visiting Britain continues to rise for an impressive 11th consecutive year. Over these years,...
Leather Key to Growing Nigeria’s GDP, says minister
Nigeria’s Minister of Science and Technology, Dr. Ogbonnaya Onu, has charged leather products with aiding the growth of the country’s Gross Domestic Product (GDP).
Pittards Revenue Drops
Revenues at the Yeovil-based leather goods manufacturer have dropped, while profits have remained steady.
Roberto Cavalli on Brink of Bankruptcy
Florence-based Italian brand Roberto Cavalli has shut its US shops following an announcement that it is seeking an investor deal to prevent bankruptcy.
UNIC-Italian Tanneries invests in Sicit’s circular economy
The investment will be done via the subsidiary Lineapelle, and will be of €4 millionUNIC will own circa 2% of Sicit’s capital by the end of the business combination with SprintItaly
Liam Gallagher’s Pretty Green Stumbles into Administration
The fashion retailer set up by former frontman of Oasis, Liam Gallagher, is preparing to appoint administrators this week as it becomes the latest victim of a tough retail environment.
Lectra's Innovation Lab brings breakthrough innovation to life
Lectra boosts its innovation process by dedicating a new space to the ideation and design of disruptive solutions.
Hermes profits soar
French luxury fashion firm Hermes is celebrating rising profits, as wealthy customers continue to spend big on silk scarves and expensive handbags.
Louis Vuitton axes Michael Jackson-inspired pieces
French fashion house Louis Vuitton has said it will no longer produce any of the pieces from its autumn/winter 2019 collection that directly reference Michael Jackson,...
Nigerian Government launches leather products committee
Nigeria’s federal government has introduced a committee which will be responsible for implementing leather products policy in the country.
Oeko-Tex extends STeP’s reach to leather
It is becoming more and more important to consumers that the leather they love is produced in a sustainable and safe way. But, when it comes to environmentally friendly production,...
JBS Couros creates new production model and launches a sustainable leather range
After more than two years of research and development, the Kind Leather range arrives with a series of benefits that increase efficient use of raw material and resources.
JLF auction under way
There is an auction currently underway for the assets of JL Furnishings and its Elite Leather Co. subsidiary.
