Market reports - Page 5
Stay up to date with the latest Market reports updates from the global leather international industry
LVMH to open new Mayfair hotel
Luxury goods giant LVMH wants architect Norman Foster to design its new London hotel and flagship Celine store, set to open by 2022.
LK Bennett tangles with collapse
British luxury fashion chain LK Bennett is going into administration as it desperately seeks the funding it needs to stay afloat.
Ted Baker CEO quits over allegations
Ted Baker’s CEO has resigned following allegations that he enforced a “hugging” culture at the company.
Bangladesh leather sector flounders
Exports of leather and leather products by Bangladesh have fallen significantly during this financial year in the July–January period compared to the same period in the previous fiscal year.
Italian Firms to Pump £18 million Into Tanzanian Leather Sector
A couple of Italian companies have pushed their way into Tanzania’s leather sector in order to take advantage of the large quantities of raw hides and skins produced every year in...
Zimbabwe Minister Calls for Focus on Beef and Leather
Zimbabwe’s private and public sectors have been urged upon to work together in a bid to harness economic opportunities from the leather and beef value chain, which has the potential...
Handmade Zimbabwean Shoes A Surprise Global Success
In a tiny factory in Bulawayo, Zimbabwe, leather cutter Misheck Sibanda is producing handmade boots and shoes as fast as he can in an effort to keep up with his soaring global demand.
QuattroR acquires majority stake in Italian Luxury label Trussardi
After months of tough negotiations, the Trussardi family has sold a majority stake in its fashion label to QuattroR
Bangladesh Suffers Leather Export Decline
Bangladesh’s leather sector is going through a tough time, due to intense competition with its rivals and the country’s ongoing tannery relocation.
Office Profits Plummet
Operating profits at South-African owned footwear retailer Office dropped 41%, after the firm was left out of pocket by the collapse of House of Fraser as “tough trading conditions”...
Indian Government Allots Land for Tannery Units
India’s West Bengal government has allotted land for the tannery units which were closed down during the Kumbh Mela festival
The European Social Partners of the Leather Industry kick off their new common project
Leather: European Social and Environmental Report 2020
India to Welcome New 100 Acre Leather Park
In a huge boost to the Indian leather industry, a mega leather park is being proposed for the Vellore district
No Mention of Leather in Budget Disappoints Indian Industry
The leather industry in Kanpur, India was left disappointed last week when it was announced no relief, in terms of subsidy or rebate on equipment meant for waste treatment at...
Egyptian Luxury Goods Imports Nears £420m
The Egyptian Ministry of Finance has increased the value of the customs dollar for non-essential and luxury goods
Over 15,000 Visitors at Pakistan Leather Show
The Pakistan Mega Leather Show, a three-day-long event held annually and in its fifth year, attracted more than 15,000 visitors, providing them access to vital information and...
Dutch to Invest In Kanpur Leather Cluster
The Dutch government plans to invest more than €2 million in the Kanpur leather cluster, to help the 150-year old Kanpur leather and tannery cluster treat the effluents currently...
Kering Faces $1.6 billion Italian Tax Claim
Kering is facing a claim for $1.6 billion in unpaid Italian taxes, the French luxury goods group disclosed on Friday, adding that it contested the preliminary findings.
Kering Named Most Sustainable in Luxury
Luxury French conglomerate Kering has been named the most sustainable company in the fashion and luxury goods industry and the second most sustainable company in the world across...
