Credit: Chloé

Richemont sales beat pre-pandemic levels

Switzerland
Published:  19 January, 2022

Financial results for Richemont in the third quarter, ended December 31 2021, revealed 35% growth year-on-year in sales at actual exchange rates.

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Lineapelle confirmed for February, Micam/Mipel delayed to March

Italy
Published:  19 January, 2022

The Lineapelle trade fair has been confirmed for February 22-24, 2022, while Micam and Mipel have been postponed until March.

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Credit: Burberry

Growth continues for Burberry driven by leather goods

United Kingdom
Published:  19 January, 2022

Burberry has released its Q3 2022 results, showing acceleration in full-price comparable store sales, up 26% year-on-year and 10% on the previous quarter.

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Credit: Aimé Leon Dore

LVMH Luxury Ventures invests in Aimé Leon Dore

United States
Published:  19 January, 2022

The investment division of the French luxury group has acquired a minority investment in the New York-based streetwear brand for an undisclosed cost.

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APLF Dubai builds momentum

Dubai
Published:  18 January, 2022

The organisers of the special edition of the APLF trade fair to be held in Dubai for 2022 have announced that over 500 companies have signed up to attend the show covering a surface area of 20,000 sq m.

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Former London Leather, Hide & Wool Exchange in Bermondsey

Book commissioned to commemorate 200-year history of UK leather

United Kingdom
Published:  18 January, 2022

Research on a history of the British leather industry from the early 19th Century to the present day will commence this summer. The historian, Ian Stone, has been commissioned to write the book and it is envisaged that final publication will be in late 2024.

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Credit: Lineapelle

Lineapelle New York going ahead at end of January

United States
Published:  17 January, 2022

The Lineapelle New York show will be going ahead on January 26-27 despite ongoing Covid-19 worries.

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Credit: Andrei_Diachenko/Shutterstock.com

Podcast: Taking advantage of opportunities in 2022

Worldwide
Published:  17 January, 2022

Deputy Editor Tom Hogarth rounds up three articles from ILM columnists covering the turbulent times of 2021 and the unexpected challenges and opportunities ahead of us in 2022.

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Credit: Bentley

Volkswagen doubles BEV sales in 2021

Worldwide
Published:  14 January, 2022

Volkswagen Group has doubled its deliveries of battery-electric vehicles (BEVs) to customers in 2021, ending the year with 452,900 units delivered.

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Credit: Anya Hindmarch

Exploring the biodegradability of leather in ILM Jan/Feb 2022

Worldwide
Published:  14 January, 2022

The first issue of ILM in 2022 is now live to view via the app. Fashion brand Anya Hindmarch reveals details behind its biodegradable leather goods collection in an exclusive interview, while Spanish technical organisation INESCOP outlines its approach to evaluating the biodegradability of leather.

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Credit: Stella Luna

Stella International sees revenue climb 35.6% in 2021

Hong Kong
Published:  14 January, 2022

The footwear manufacturer and retailer has announced its fourth-quarter financial results for 2021, showing unaudited consolidated revenue up 44.9% year-on-year to US$405.8 million. 2020 was impacted by the pandemic. 

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Credit: Nike

Pou Sheng boosts retail partnership with Nike in China

China
Published:  13 January, 2022

Pou Sheng International has announced the next stage of its partnership with footwear and sportswear brand Nike in the form of retail operations in China.

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Market access issues flagged as Indian and South Korean trade ministers meet

India/South Korea
Published:  13 January, 2022

Commerce and Industry Minister Piyush Goyal addressed market access issues during a meeting with Korean Trade Minister Yeo Han-koo, including leather products.

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Call for papers ahead of 10th Freiberg Leather Days

Germany
Published:  12 January, 2022

Organisers are calling for speakers to submit lectures ahead of the 10th Freiberg Leather Days in Chemnitz, Germany, taking place on May 11-12, 2022.

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Credit: Dragosh Co/Shutterstock.com

Omicron slows U.S. meat production

United States
Published:  12 January, 2022

Covid-19 infections have forced meat processors to slow production, according to meat companies and union officials.

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Credit: Rolls-Royce Motor Cars

Rolls-Royce reports record 49% sales increase in 2021

Worldwide
Published:  11 January, 2022

The luxury car manufacturer has reported its full 2021 results with the highest sales in the company’s 117-year history.

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Success for Green Tanning Initiative in Ethiopia

Ethiopia
Published:  11 January, 2022

ILM spoke to the companies and organisations behind the Green Tanning Initiative work in Ethiopia to find out the results of tannery trials as they aim to lower the environmental impact of leathermaking. This exclusive ILM editorial feature is available to read for free on the ILM app for Apple and Android devices.

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Credit: CTC

Françoise Nicolas appointed General Director of CTC

France
Published:  11 January, 2022

CTC Groupe has announced the appointment of Françoise Nicolas to the position of General Director as of January 1, 2022.

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Credit: Adidas

Employees strike at Pou Chen factory

Vietnam
Published:  10 January, 2022

Thousands of employees have gone on strike at a factory in southern Vietnam belonging to the footwear manufacturer, which supplies brands such as Nike and Adidas.

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Credit: Reebok

Authentic Brands withdraws IPO plans

United States
Published:  10 January, 2022

Authentic Brands Group has withdrawn its plans for an initial public offering (IPO) in the United States.

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Credit: Volvo

Volvo electric car sales grow by more than 60%

Worldwide
Published:  07 January, 2022

Volvo Cars has released its full 2021 results with global sales growing by 5.6% to 698,693 cars, which the company says demonstrated resilience in the face of persistent supply constraints.

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Volvo appoints new Chief Executive and President

Worldwide
Published:  05 January, 2022

The car manufacturer has announced the appointment of Jim Rowan as Chief Executive and President of Volvo Cars, from March 21, 2022.

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More than 12% growth expected for footwear last year

Brazil
Published:  04 January, 2022

The Brazilian Association of Shoe Manufacturers (Abicalçados) has estimated that the footwear sector in Brazil should have ended 2021 with growth of more than 12%.

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Credit: Tesla

Tesla under fire over “vegan leather” quality

United Kingdom
Published:  23 December, 2021

Tesla owners in the UK are complaining after synthetic seats have begun to “bubble” in reaction to lotions, hair sprays, hand sanitisers and other products used on the hair and skin.

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Credit: Nike

US$11.4bn revenue for Nike in Q2

Worldwide
Published:  21 December, 2021

The footwear and sportswear brand has reported its second quarter fiscal 2022 results with US$11.4 billion of revenue, up 1% year-on-year.

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Tandy Leather Factory returns to current financial reporting

United States
Published:  21 December, 2021

The U.S.-based retailer and wholesale distributor of a range of leather and leathercraft related items has reported its third quarter results for the 2021 financial year after filing Form 10-Q with the Securities and Exchange Commission and returning to current public financial reporting.

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Credit: Gucci

Kering launches competition to promote circularity

Worldwide
Published:  21 December, 2021

The fashion group has launched an online competition to raise awareness about of the circular economy, with the chance to win “responsible gifts” from Gucci and DoDo.

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IILF postponed to May 2022

India
Published:  21 December, 2021

The India International Leather Fair (IILF), originally scheduled for February 2022, has been delayed to later in 2022.

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Credit: Matt Botsford

Podcast: Leather industry leaders review 2021

Worldwide
Published:  20 December, 2021

As we approach the end of the year, ILM invited three leather industry leaders to discuss the hottest topics of 2021 in the last episode of View from the Top of 2021

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Credit: Zara

Inditex records record third quarter revenue

Worldwide
Published:  20 December, 2021

The Spanish fashion group achieved record revenue and profit in the third quarter, reaching a total of €19.33 billion (US$21.8 billion) in the first nine months of its fiscal year (February to October), with year-on-year growth of 37%.

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Picard partners on fair price shop for staff

Bangladesh
Published:  15 December, 2021

Picard Bangladesh has signed a memorandum of understanding (MoU) with Apon Wellbeing to ensure more support for its workforce, which will include a “fair price shop” on-site in Savar.

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Credit: APLF

Global markets brought together at APLF 2022

Dubai
Published:  15 December, 2021

At APLF’s Special Edition in Dubai from March 30 to April 1, 2022, tanners, manufacturers and buyers from markets across the world will have the chance to do business.

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Cotance presents circularity gift to EU Climate Commissioner

Europe
Published:  15 December, 2021

On December 7, Frans Timmermans, European Commissioner for Climate and the European Green Deal, visited a meat and dairy farm in the Walloon region of Belgium, where he was presented with a gift by Gustavo Gonzalez-Quijano, Secretary General of Cotance.

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Industry mourns the loss of Martin Heise

Germany
Published:  14 December, 2021

It is with great sadness that the Board of the German Tanning Chemists and Technicians Association (VGCT) has announced the death of Martin Heise. 

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Credit: Amazon

Italian watchdog fines Amazon €1.1 billion

Italy
Published:  13 December, 2021

Online retail giant Amazon has been fined €1.1 billion (US$1.24 billion) by Italy’s competitions watchdog for harming rival e-commerce logistics services and promoting its own.

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Credit: Ateliers Heschung

French Legacy Group acquires Ateliers Heschung

France
Published:  13 December, 2021

The group, which also owns the Clergerie, Avril Gau and Violet Tomas brands, has now taken over footwear brand Ateliers Heschung, which has been in receivership since January 2020.

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Tyson Foods holds virtual Investor Day

United States
Published:  13 December, 2021

The U.S.-headquartered meatpacker and hide processor held its annual Investor Day event on Thursday last week (December 9).

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Credit: Musette

Musette buys shoe factory near Bucharest

Published:  13 December, 2021

The fashion brand has bought a factory in Otopenia, near Bucharest, Romania, which it plans to use for the production of footwear for children and men.

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Credit: Zegna

Zegna rebrands ahead of IPO

Italy
Published:  10 December, 2021

Ermenegildo Zegna has rebranded as Zegna in preparation for the company’s initial public offering (IPO) later this month, sporting the shortened name as well as a new logo.

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Credit: Designer Brands

Designer Brands achieves record gross profit in Q3

United States
Published:  09 December, 2021

The North American based manufacturer and retailer of footwear and accessories has announced its third quarter results for 2021, with net sales increasing 30.7% year-on-year to US$853.5 million.

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Recruitment: Leather Technologist (finishing) - Scottish Leather Group

Worldwide
Published:  08 December, 2021

Innovating the finest, most sustainable Scottish leather. We're dedicated to bringing our customers the finest leather in the world and are committed to giving more to the environment than we take – continually raising standards in quality, sustainability, ethics, and traceability.

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Full program confirmed for auto leather forum

Worldwide
Published:  09 December, 2021

The full line-up of speakers has been confirmed for the ILM Automotive Leather Supply Chain Digital Forum on December 16, with topics ranging from leather’s link to deforestation to Scottish Leather Group’s blockchain traceability project with Jaguar Land Rover.

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Minerva completes acquisition of Australian meat plants

Australia
Published:  07 December, 2021

The Brazilian meat processor has confirmed it has completed the acquisition of two meatpacking units in Australia.

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Credit: Schuh

Net sales for Genesco up 25% in Q3

United States
Published:  07 December, 2021

The U.S. headquartered retailer of branded footwear and accessories has reported its third quarter 2022 financial results, with net sales increasing year-on-year to US$601 million, 12% up from the same period two years ago.

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Credit: Volvo

Volvo retail deliveries drop 20.7% in November

Worldwide
Published:  07 December, 2021

The car manufacturer recorded 52,793 retail deliveries in November 2021, a decline of 20.7% on the same month in 2020, a result influenced primarily by supply chain shortages.

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Credit: Bridge of Weir

SLG to outline JLR blockchain project at digital auto leather forum

Worldwide
Published:  06 December, 2021

At the upcoming ILM Automotive Leather Supply Chain Digital Forum, Dr Warren Bowden of the Scottish Leather Group (SLG) will delve into the details of the organisation’s efforts in circularity, its collaboration with Jaguar Land Rover (JLR) and more.

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Credit: Tyson Foods

Tyson Foods awards bonuses to frontline and hourly employees

United States
Published:  07 December, 2021

The meatpacker has announced a thank you for its frontline and hourly team members in the form of one-time bonuses amounting to a total of US$50 million.

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Credit: Felipe Dias

Podcast: Leather and deforestation - How can the industry be part of the solution?

Published:  06 December, 2021

ILM Content Director Martin Ricker is joined by Leather and Hide Council of America (LHCA) President Stephen Sothmann and Mauricio Bauer, Senior Director, Beef & Leather Supply Chains at the World Wildlife Fund (WWF) to discuss the cattle and leather, as a by-product of cattle raising, industries links to deforestation in the latest free-to-download episode of View from the Top, the ILM podcast.

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Strike averted at Cargill meat plant

Canada
Published:  06 December, 2021

Workers at a Cargill beef processing plant in Alberta, Canada, have voted 71% in favour of accepting a new offer from the company.

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CTC partners with Ars Tinctoria

France/Italy
Published:  03 December, 2021

CTC, which provides quality assurance and consulting services for the footwear andleather industries, has announced a partnership with Ars Tinctoria, an Italian laboratory specialising in organic analytical research of colour and light.

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