All Kering’s brands are struggling: just a roadblock or is it crisis?
WEBOct 26, 2023 — Kering, what’s happening?Gucci’s sales dropped 9% at constant rates in the third quarter of 2023: worse than the forecasted -6% from consensus cited by Bernstein.Beside from Gucci’s difficulties, other brands are also struggling: Saint Laurent-12%, Bottega Veneta-7%, “other brands” (including Balenciaga) -15%.The disappointing results of the third quarter are moving Kering away from ...
Lumberjack: nearshoring (but not in Italy) and rising turnover
WEBJan 24, 2022 — The stress of logistics leads Lumberjack to nearshoring.But not in Italy, where “the costs are too high for the brand’s positioning”. In the meantime, the investment in online sales has paid off, bringing total sales to 33 million euros in 2021, and with the prospect of reaching 52 million euros by the end of 2022.All of Lumberjack‘s strategies, a brand owned by the Turkish group ...
Rumours and truth: Miroglio wants Trussardi, Chloé appoints a …
WEBOct 12, 2023 — Rumours, truths, and appointments. Miroglio wants Trussardi, say fashion rumours, and for this reason they would be ready to invest in the greyhound brand (from which, instead, ChimHaeres and Growcapital would be moving away).The creative direction of Chloé, meanwhile, has passed into the hands of Chemena Kamali, born in 1981, who takes over from Gabriela Hearst.
Iliprandi explains to CorrSera how Bonaudo went through 2020
WEBMay 19, 2021 — The numbers are reassuring. Because if it is true that turnover has dropped by 23% on an annual basis, cash assets are instead growing.Bonaudo, a tanning group headquartered in Lombardy, has gone through 2020 with such financial strength as to make it look with confidence to the near future. This was explained by patron Alessandro Iliprandi (photo, on the right) during the second appointment ...
Bernstein is sure that accessible luxury is “alive and kicking”
WEBMay 6, 2024 — Bernstein is confident that accessible luxury is alive and kicking: the fascia attracts customers left behind by designer prices
Luxury Archives - Page 3 of 64 - LaConceria | Il portale dell'area pelle
WEBJun 17, 2024 — La Conceria – Registrazione Tribunale di Milano – n. 62 del 8 marzo 2021 Editore: Lineapelle S.r.l.- P. IVA 12629090155 – REA: MI – 1572496 – Web developing by
Brazil, CICB’s guide to prepare tanneries for EUDR - La conceria.it
WEBSep 5, 2024 — CICB’s guide offers Brazilian tanneries an operational tool to ensure the traceability of the materials they process and export. It helps them get up to speed with what is required by the national forestry law and, to protect trade relations with Europe, beside from covering what the EUDR anti-deforestation regulation requirements. Finally, the guide by CICB (the Brazilian tanning ...
News and insights form the leather world - La conceria.it
WEBGianni Russo: the three factors for managing this structural crisis. Understanding the moment we are living in and identifying countermeasures to a crisis that, to all intents and purposes, “is structural”. We did this during Lineapelle, together with the president of the Milan show, Gianni Russo (Russo di Casandrino).
Rino Mastrotto Group: 70% goes to NB Renaissance Partners
WEBAug 29, 2019 — The operation. After months spent negotiating terms (and offers from over 15 funds), confirmation arrived at the beginning of August. Rino Mastrotto Group’s management signed, via the agreement, 70% of ownership over to NB Renaissance Partners. Rino Mastrotto (vicepresident of UNIC – Italian Tanners, in …
Upgrading Velasca: creating a consortium and opening an upper …
WEBOct 20, 2022 — Velasca is the last brand joining the list of those that want to buy enterprises to strengthen their supply chains.For example, OTB, Moncler and Liu Jo have already said the same. Now Jacopo Sebastio and Enrico Casati, founders of the brand, are thinking of creating a Velasca Consortium and want to “open our own upper plant”.That’s because they wish to find suppliers that are up to the ...