Market reports - Page 6
Stay up to date with the latest Market reports updates from the global leather international industry
Sri Lanka’s Leather Industry Should ‘Go Global’
Sri Lanka’s Footwear Advisory Council Chairman, Rangith Hettiarachchy, has said the country’s leather industry needs to reach the export market and compete with global players as...
Indian Leather Sector Targets 10% Export Growth in Two Years
An Indian industry insider has said several steps are being taken to help the country achieve an 8%-10% growth in leather exports within the next two years.
LVMH Purchases Stake in Gabriela Hearst
Luxury fashion conglomerate LVMH has taken a minority stake in New York-based luxury label Gabriela Hearst
Indian Exports on the Rise
India’s leather, leather products and footwear exports have increased by 5.25% during the period April-October, as compared to the same period last year. The information was published...
Chanel Acquires Minority Kenissi Stake
French fashion house Chanel announced on Monday that it aimed to strengthen its luxury watchmaking position with recent investments, including the acquisition of a small stake in...
SATRA Chief Executive Retires
Austin Simmons, chief executive of SATRA, has announced his intention to retire later this year.
Pakistan Government Urged to Help Halt Leather Export Decline
The Pakistan Leather Garments Manufacturers & Exporters Association (PLGMEA) has expressed its concern over the steep decline in leather-related exports due to continued ignorance...
Indian Government Eyeing More Leather Industry Investment
The Kolkata state government is focussing on the development of infrastructure to garner more investment in their leather sector.
Bangladesh Tanneries Relocation Dents Export Earnings
Diesel Front Runners to Acquire Cavalli
Renzo Rosso, founder of Diesel, is reportedly interested in purchasing the Italian luxury label Cavalli through his OTB holding company.
ASOS Announce Share Slump
After reports of dismal High Street activity last month, ASOS’ struggles spread to online. The firm said cutting prices to match rivals had not shifted more clothes.
Armenia Exports More than 40% of its Leather and Textiles to EU
According to Business Armenia, Armenia’s annual export growth in their textile and leather sectors was somewhere between 35% and 45% during the last three years, with more than 40% of...
European Luxury Stocks Slide
Moncler, Tod’s and other European luxury stocks shares dropped as analysts flagged a succession of “negative signals” from high-spending consumers in Europe, China, Japan and the...
Pakistan’s LRC Chief Offers Assistance to Leather Industry
The director of Pakistan’s Leather Research Centre, Dr Hafiz Rabb Nawaz, has proposed a collaboration between the country’s leather industrialists and its researchers in order to create...
Rino Mastrotto Group Contemplate Kenya
World renowned leather products manufacturer Rino Mastrotto Group is contemplating setting up an operations base in Kenya
Gucci to go to Court Over Tax Avoidance Charges
Milan prosecutors have wrapped up their probe into fashion group Gucci’s alleged tax evasion of around £887m, paving the way for a formal request for a trial, a judicial source said...
Luxury Giant Kering to Join Forces With Apple
Kering said on Monday it would develop its own online shopping sites by 2020, ending an outsourcing joint-venture for brands like Balenciaga, showing how major luxury companies...
Ethiopia Reforms in Bid to Become Africa’s Manufacturing Hub
Ethiopia’s ongoing economic and political structural reform will have a major hand in realising the country's manufacturing goals, according to their Investment Commission.
Scottish Leather Group Start Brexit Risk Register
The Bridge of Weir-based company, and self-professed largest manufacturer of leather in the UK, has included Britain’s exit from the EU in a list of the principal risks and...
