Footwear – VF Corp. battling headwinds in second quarter

9 Nov 2022 Footwear – VF Corp. battling headwinds in second quarter After downgrading its full year outlook for a second time for fiscal 2023, VF Corp. outlined the headwinds it was currently facing.     VF said that the downgrade reflects foreign exchange headwinds, higher-than-usual inventory levels and more promotional activity in the marketplace.… Continue reading Footwear – VF Corp. battling headwinds in second quarter

Scotland – Scottish Leather Group makes US$14.9 million investment

9 Nov 2022 Scotland – Scottish Leather Group makes US$14.9 million investment Upholstery leather maker Scottish Leather Group (SLG) has announced an investment of £13 million (US$14.9 million) in Renfrewshire and a “new era” for manufacturing in Scotland, reports ILM.     SLG has made the investment across four separate sites in the region over… Continue reading Scotland – Scottish Leather Group makes US$14.9 million investment

Labelling – Misleading leather labelling must stop, Textile Exchange says

9 Nov 2022 Labelling – Misleading leather labelling must stop, Textile Exchange says Industry body the Leather and Hide Council of America (LHCA) has welcomed a decision by non-profit group Textile Exchange to deny material manufacturers the right to apply the term leather to any product derived from sources other than animal hides and skins,… Continue reading Labelling – Misleading leather labelling must stop, Textile Exchange says

Manufacturing – India’s plan to le the “world’s footwear factory”

8 Nov 2022 Manufacturing – India’s plan to le the “world’s footwear factory” Ready to dethrone China as the leading shoemaker, India has launched a Development Program with the aim of multiplying its exports tenfold. The project will run until 2026 and has a budget of €211 million.     The Indian Minister of Commerce… Continue reading Manufacturing – India’s plan to le the “world’s footwear factory”

Events – Livestock

8 Nov 2022 Events – Livestock The Scottish Leather Group is proud to support the Scottish National Fat Stock Club, founded over 100 years ago to promote Scottish prime stock.     LiveScot is Scotland’s largest exhibition of prime stock, showcasing the best of what Scotland has to offer and takes place on 25-26 November… Continue reading Events – Livestock

Automotive – Electric vehicle deliveries double for BMW in 2022 so far

8 Nov 2022 Automotive – Electric vehicle deliveries double for BMW in 2022 so far BMW Group has released its results for the financial year so far, to the end of September 2022, doubling 2021’s electric vehicle deliveries, writes ILM.     For the third quarter of the 2022 fiscal year, BMW Group achieved a… Continue reading Automotive – Electric vehicle deliveries double for BMW in 2022 so far

Real Leather, Stay Different winner announced

7 Nov 2022 Real Leather, Stay Different winner announced Israeli designer Gal Benjamin has been announced as the winner of the 2022 Real Leather, Stay Different international student design competition, writes Leatherbiz.     Gal Benjamin, a fashion design graduate of Shenkar College of Design, Engineering and Art in Ramat Gan, Israel, won with an… Continue reading Real Leather, Stay Different winner announced

Acquisition – Kering in advanced talks to acquire Tom Ford

7 Nov 2022 Acquisition – Kering in advanced talks to acquire Tom Ford Kering is reportedly in the advanced stages of talks to acquire the Tom Ford brand, overtaking other offers, writes ILM.   Other reports indicate that Estée Lauder has also been in talks to buy out the brand for a deal valued at… Continue reading Acquisition – Kering in advanced talks to acquire Tom Ford

Livestock – Scientists support livestock farming in Dublin Declaration

7 Nov 2022 Livestock – Scientists support livestock farming in Dublin Declaration Hundreds of scientists have already signed a pledge to support and contribute to efforts to show scientifically that livestock farming brings benefits to society, writes Leatherbiz.     The so-called Dublin Declaration came to light at the end of October. Organisers said their… Continue reading Livestock – Scientists support livestock farming in Dublin Declaration

Media – Professor unbowed following NYT ‘hit-piece’

4 Nov 2022 Media – Professor unbowed following NYT ‘hit-piece’ A University of California, Davis, specialist in greenhouse gas emissions from cattle, Professor Frank Mitloehner, has said a recent article in the New York Times (NYT) criticising his work will only serve to make him work all the harder to help reduce the environmental footprint… Continue reading Media – Professor unbowed following NYT ‘hit-piece’