News

Puma Reports €282 Million Profit in 2024 and Launches Cost-Cutting Program

Global sportswear giant Puma has revealed a cost-cutting initiative following a disappointing 2024...

Lineapelle 2025 Kicks Off in London with New York and Milan Up Next

The global fashion, leather, and luxury industries are buzzing with excitement as Lineapelle kicks...

French Leather Industry Exports Hit €17.26 Billion in First 11 Months of 2024

The French leather and luxury goods industry revealed a year of mixed fortunes from January to...

Spain’s Leather Industry Struggles While Footwear Sector Sees Strong Growth in 2024

The Spanish leather industry is experiencing a two-speed recovery in 2024. While the footwear sector...

Walsall Leather Museum Faces Uncertain Future as Relocation Plans Spark Public Outcry

The future of the Walsall Leather Museum hangs in the balance as Walsall Council plans to move the...

News

How Israr Ahmed of Farida Group Sees the Indian Footwear Sector Transforming Over the 10 Years

The Indian footwear industry is gearing up for an unprecedented growth in the next decade, with...

LVMH Faces 3% Sales Drop in Q3 as Leather Goods Demand Weakens in Asia

French luxury giant LVMH, the world’s largest luxury goods conglomerate, has reported a 3%...

India-Japan Leather Trade Takes Center Stage at Fashion World Expo Tokyo

In a significant move to boost the leather and footwear trade between India and Japan, the Council...

Italian Leather Maker Gruppo Mastrotto Acquires Majority Stake in Coindu

Gruppo Mastrotto S.p.A., a global leader in leather production, has acquired a majority stake in...

Brazilian Leather Exports Reach $953.6 Million in 9 Months of 2024

Brazil’s export market for hides and skins experienced a significant recovery in September 2024...

Vietnam Footwear Exports See 12.5% Growth, Reaching $16.53 Billion in First 9 Months of 2024

Vietnam’s footwear industry is making significant mark in 2024, with exports surpassing $16.53...

Scottish Leather Group’s 21st ESG Report Reveals 90% Reduction in Greenhouse Gas Emissions

Scottish Leather Group has released its 21st annual Environmental, Social, and Governance (ESG)...

Jinja Tannery Deports 20 Chinese Workers as Company Faces Ongoing Struggles

Skyfat Tannery Company Limited, a leather-processing plant located in Loco Village, Jinja South City...

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...

Bangladesh Leather Exporters Demand Urgent CETP Solutions to Boost Global Sales

Bangladesh’s leather industry is facing significant challenges, and leading figures are...

How Iran is Pushing to Revive its Footwear Industry and Become a Strategic Hub in West Asia

Iran is steadily rising as a major player in the global footwear industry, currently ranked 11th...

Bangladesh Leather Sector Has Huge Export Potential, Says Commerce Adviser Dr. Salehuddin Ahmed

Bangladesh is on the verge of transforming its leather and footwear sector into one of the most...

Pakistan Tanners Association elects new office bearers for 2024-2026

In a significant development for the leather industry in Pakistan, the Pakistan Tanners Association...

NIKE Q1 Revenue Drops 10% to $11.6 Billion as Net Income Declines 28% to $1.1 Billion

Nike, Inc. the global leader in sports apparel and footwear, has reported its financial results for...