LVMH Moët Hennessy Louis Vuitton recorded revenue of €14 billion for the 1Q2021, +32% compared to the same period in 2020. Newsletter - mailchi.mp/leatherinsider…

Luxury group #Kering has announced the second phase of a new global logistics hub it is building in northern Italy - mailchi.mp/leatherinsider…

The dynamics of the beef market in #South America remain complex in this first quarter of 2021, with slaughter levels still in decline.- mailchi.mp/leatherinsider…

Italian furniture manufacturer #Natuzzi reported its consolidated net sales for 2020 were €328.3 million, -15.1% compared to 2019, mainly due to the disruptive effects of the pandemic - mailchi.mp/leatherinsider…

According to latest report of #OICA (International Organization of Motor Vehicle Manufacturers), after a bleak 2019, which saw a decline of almost 5% in world auto production (down to less than 92.2 million) and which ended 10 years of growth- mailchi.mp/leatherinsider…

After the export turnover of the #footwear decreased by more than $ 6 billion in 2020 due to the impact of the Covid-19 epidemic, in the first quarter of 2021 - mailchi.mp/leatherinsider…

Recently, #tanneries around the world have raised their concerns around the recent rises in raw materials prices while the consumer market in many parts of the world remains weak due to the pandemic - mailchi.mp/leatherinsider…

#PrimeAsia continues to look for ways of bringing further efficiencies and transparency to its projects. Recently it has completed its life cycle assessment (LCA), - mailchi.mp/leatherinsider…

U.S Footwear Group #Wolverine reported its revenue reached $1.791 million in its FY2020, -21.2% compared to the prior year. On the other hand, the e-commerce channel grew by 49.9%. - mailchi.mp/leatherinsider…

According to the latest data by the #Pakistan Bureau of Statistics (PBS) the value of Pakistan’s leather manufactures exports increased by 5.57% compared to the same period in the last year in the first eight months of the current fiscal year. - mailchi.mp/leatherinsider…

Last week the #Ever Given, a 220,000-ton mega ship nearly a quarter-mile long with a 20,000 container capacity, ran aground after being blown by strong winds while entering Egypt’s Suez Canal from the Red Sea.- mailchi.mp/leatherinsider…

Brazilian meat packer #JBS reported its consolidated net revenue was R$270.2 billion in its FY2020, a 32.1% growth over 2019. - mailchi.mp/leatherinsider…

Footwear Group #ECCO recorded net sales of €1.092 million in its FY 2020 (vs €1.360 million in 2019). The company's net sales from retail and e-commerce combined grew by 2% supported by strong online sales growth of 34% and acquisition of shops- mailchi.mp/leatherinsider…

Leading automotive technology company Faurecia has recently announced a new investment in the Bourgogne-Franche-Comté region of France, including the construction of a new industry 4.0 platform. Newsletter - mailchi.mp/leatherinsider…

In its FY 2020, ended 31 December 2020, Stella International reached $1.135.880 revenue, -26.5% compared to 2019 ($1.544.830). Newsletter - mailchi.mp/leatherinsider…

Brazilian beef processor #Marfrig’s subsidiary National Beef Packing Company, LLC, announced plans to increase processing capacity and production at its Iowa Premium facility in Tama, Iowa. - mailchi.mp/leatherinsider…

According to the latest preliminary data released by the Italian footwear association #Assocalzaturifici, the footwear production in Italy fell by 24.6% in value to €6,023 million in 2020 and by 27.1% in volume to 130.5 million pairs . - mailchi.mp/leatherinsider…

Due to the extension of the compulsory quarantine regulation until Sept. 30, 2021 imposed by the Hong Kong Government, #APLF-Leather, Materials+ and Fashion Access, has been postponed and rescheduled from July 5-7, 2021 to November 17-19, 2021. - mailchi.mp/leatherinsider…

Italian luxury group Prada reported its revenues reached €2,423 million in its FY2020, -24% compared to FY2019 (-8% in 2H). Newsletter - mailchi.mp/leatherinsider…