Leather Goods News

H&M Reports Q3 Sales Drop to $5.7 Billion and Operating Profit Decline to $338 Million

The H&M Group, a global fashion retailer, reported a decline in net sales for the third quarter...

CLRI Partners with Naser Bali to Launch High-Tech Leather Gloves for Indian Soldiers in Extreme Cold Weather

CSIR – Central Leather Research Institute (CLRI) has announced an exciting new partnership...

Mipel Fair Highlights Resilience and Innovation in Leather Goods Industry Amid Economic Challenges

The leather goods industry continues to face a storm of economic challenges, but amidst the...

Hermès Opens New Leather Goods Factory in France, Creating 280 Jobs

Hermès has inaugurated its 23rd leather goods factory in Riom, France, adding 280 local jobs. The...

LVMH Announces Benedetta Petruzzo as Managing Director of Christian Dior Couture

LVMH and Delphine Arnault, Chairman and Chief Executive Officer of Christian Dior...

LVMH’s Bernard Arnault Acquires Stake in Rising Parisian Leather Goods Brand Polène

Bernard Arnault, the Chairman and CEO of LVMH and a towering figure in the global luxury industry...

Hermès Reports €7.5 Billion Revenue with €2.4 Billion Net Profit in H1 2024

French luxury brand Hermès has posted impressive financial results for the first half of 2024, with...

Coach Parent Company Tapestry Reports $6.67 Billion in Revenue Surpassing Expectations

In a surprising turn, Tapestry Inc., the parent company of fashion powerhouses Coach, Kate Spade...

LVMH Reports €41.7 Billion Revenue in H1 2024 with Fashion & Leather Goods Leading Growth at €20.8 Billion

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods conglomerate, has reported a...

LVMH Appoints Laura Burdese as the Deputy CEO of Bvlgari to Oversee Leather Goods Business

PARIS, FRANCE – In a significant leadership shift, LVMH and Jean-Christophe Babin, CEO of Bvlgari...

LVMH appoints Alessandro Valenti as the New CEO of GIVENCHY

LVMH has announced the appointment of Alessandro Valenti as the new CEO of GIVENCHY, effective...

Why Are French Companies Investing Heavily in Leather Goods Factories?

Recent developments in the French leather goods industry signal a revival. Manufacture du Cœur des...

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