Luxury – Desirability, quality and craftsmanship boost LVMH

26 July 2024 Luxury – Desirability, quality and craftsmanship boost LVMH Luxury group LVMH has reported revenues of €41.7 billion for the first six months of 2024, down by 1.3% year on year. By Leatherbiz. Its leathergoods division registered revenues of €20.8 billion, down by 2%. Within this, it said its Louis Vuitton brand had… Continue reading Luxury – Desirability, quality and craftsmanship boost LVMH

Transparency and Labelling

25 July 2024 Transparency and Labelling Leather Naturally writes on Linkedin: Political change is consuming the western world right now. And no industry or consumer remains unaffected by what may change or what’s to come in the US or across Europe.   But policy change is often a good or at least a reassuring development.… Continue reading Transparency and Labelling

LVMH posts a 14% drop in net profit

25 July 2024 LVMH posts a 14% drop in net profit The French-based luxury conglomerate has posted a 14% year-on-year fall in first half net profit amid an uncertain macroeconomic environment. Fashion & Leather Goods division hit by currency fluctuations By World Footwear.   “The results for the first half of the year reflect LVMH’s… Continue reading LVMH posts a 14% drop in net profit

Acceptance of seaweed solution for methane is one step closer

25 July 2024 Acceptance of seaweed solution for methane is one step closer An initiative for reducing enteric methane from ruminant livestock has submitted a bid for official recognition from the Australian Carbon Credit Units (ACCU) scheme.  By Leatherbiz.   The idea behind the initiative is to use native Australian seaweeds as additives to improve… Continue reading Acceptance of seaweed solution for methane is one step closer

Tanners do good work

24 July 2024 Tanners do good work A European Commission-backed project has shown that tanneries can successfully use the ECO2L tool to calculate the carbon footprint of their product.   Europe’s leather industry has brought its Green Deal Leather project to a conclusion and has shared an average figure for the carbon footprint of bovine… Continue reading Tanners do good work

Red Sea disruption continues into third quarter, Maersk confirms

24 July 2024 Red Sea disruption continues into third quarter, Maersk confirms Global sea-freight service provider AP Moller-Maersk has said the tensions and violence in the Red Sea are still “creating challenges for supply chains”. By Leatherbiz.   There has been widespread disruption to container shipping in the region since the Houthi movement began to… Continue reading Red Sea disruption continues into third quarter, Maersk confirms

Theme announced for Preview do Couro exhibition

24 July 2024 Theme announced for Preview do Couro exhibition The theme for the upcoming Preview do Couro exhibition (Leather Preview), held during the Inspiramais trade fair in Brazil, is “Burnout”. By ILM. The event will take place from July 23-24, 2024, at the Faccat Events Centre in Taquara, before the main show takes place… Continue reading Theme announced for Preview do Couro exhibition

On announces “footwear revolution”

23 July 2024 On announces “footwear revolution” Revolutionary Cloud Sneaker: On’s Six-Minute Marvel.   On has unveiled a groundbreaking innovation in sneaker manufacturing with its new Cloudsurfer, produced using a spray-on plastic technology. This cutting-edge process allows the creation of a shoe in just six minutes, significantly reducing the time and resources traditionally required. The… Continue reading On announces “footwear revolution”

Bottega Veneta enhances craft commitment with new role

23 July 2024 Bottega Veneta enhances craft commitment with new role Leathergoods brand Bottega Veneta has appointed Barbara Zanin as the director of Craft and Heritage, a new role aimed at strengthening the brand’s focus on artisanal craftsmanship, WWD reported. By Leatherbiz.   Zanin, who joined the company in 1998, will oversee artisans at the… Continue reading Bottega Veneta enhances craft commitment with new role

Sustainable leather making

23 July 2024 Sustainable leather making Sadesa is a leader in the self-generation of renewable energy.   In Thailand, we produce more than 10 million square feet a month without burning fossil fuels. Biomass boilers generate thermal energy by burning rice husk, a renewable waste of the food industry. Our 18.000-square feet area of solar… Continue reading Sustainable leather making