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Leathergoods - Kate Spade helps Tapestry to 30% revenue growth
US leathergoods group Tapestry, formerly known as Coach Inc., has reported sales of US $5.88 billion for the 2018 fiscal year (ended June 30), an increase of 30% on a constant currency basis compared to the previous year.
Cotton+Corn - Reebok launches its first plant-based sneaker
Reebok now offers a footwear option for vegan consumers. The fitness brand launched its highly anticipated Cotton + Corn collection this Wednesday.
Africa - Nigeria’s national bank to support leathergoods artisans
The Nigerian Bank of Industry (BOI) has launched a new financing programme for leathergoods makers in Aba, the location of the country’s main leather cluster.
Trade Around 45% of Brazil’s beef exports now go to China
Brazil’s packer firms exported a total of 159,000 tonnes of beef in the month of July, a record. This figure represents an increase of almost 25% year on year.
Nepali Pashmina products have become popular around the world for the warmth they provide while having a light and luxurious appearance with fine hand feel.
In June of this year Google paid half a billion dollars, yes $0.5 billion, for a 1% share in JD.com. Walmart already owns 11%. I imagine that a good proportion of readers of this article will not know who JD.com actually is or what they do. It is China’s second largest on-line retailer and functions in some ways like Amazon.
The campaign to discredit leather as a viable material is being run globally by well-funded NGO’s with specific agendas.
The All China Leather Exhibition (ACLE) is celebrating its 20th Anniversary this year that coincides with the 30th Anniversary of the founding of the China Leather Industry Association (CLIA) and the culmination of an environmental revolution that has taken place in China’s leather sector.
Slouchy, red, long or ankle, no matter the style orientation of your boots this Winter there is one thing you MUST do - that is make sure they rock a pointed toe!
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