Recent News

Tannery Workers Union Advocates for Minimum Wage Boost Amid Economic Pressures in Bangladesh

The country's tannery workers have demanded that factory owners increase their minimum monthly...

Inditex Parent Company of Zara Achieves €8.2 Billion Sales in Q1 2024 With €1.3 Billion in Net Profit

Inditex has reported a robust performance in the first quarter of 2024, driven by creative teams and...

Chinese Investments Ready to Establish Tannery and Wool Factory in Tajikistan

A major Chinese enterprise is planning a significant investment in the Khatlon region of Tajikistan...

Bata India Celebrates NINE WEST’s India Launch Across 2,100 Stores Nationwide

Bata India proudly introduces New York's renowned footwear brand, Nine West, to the Indian market...

Relaxo Footwear Reports Rs 747.21 Crore in Net Sales and Rs 61.39 Crore Net Profit for March 2024 Quarter

Relaxo Footwear, a leading footwear manufacturer in India, reported a slight dip in standalone net...

Italian Leather Maker NUTI IVO Signs MOU with Morocco Investing $13.2M to establish State-of-the-Art Tannery

MOU between these 2 parties spans from 2025 to 2029 and is anticipated to generate an annual...

How Tuscany Plans to Save Its Leather Industry: Key Proposals and Initiatives

The resolution focuses on financial relief, easier credit access, and extended social safety nets...

Why is LVMH Acquiring Major Stakes in Two Spanish Tanneries Riba Guixà & Verdeveleno Within a Year?

The luxury conglomerate LVMH, through its division LVMH Métiers d'Art, has acquired an 80% stake in...

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...

US Leather Exports Q1 2024: Drop in Raw Hides Rise in Wet Blue Leathers with Brazil Leading

Raw hide exports experienced a decline. Wet blue leather exports witnessed a significant increase...

Zimbabwean Leather Maker Gears Up to Tap into Chinese Markets with Exotic Elephant & Hippo Leather Goods

Zimbabwean companies, which used to mainly export largely unprocessed hides, have now started value...

The Downfall of Uganda’s Leather Industry: An In-Depth Analysis of Jinja’s Leather Industry Closure

Jinja City, a historically industrial hub in Uganda, has faced significant economic challenges, with...