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NEWS
Wolverine World Wide - Merrell and Sperry Parent Tops Forecasts Despite Widespread Store Closures
Amid the coronavirus pandemic, business at Wolverine World Wide Inc. appears to be bouncing back.
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Luxury - Confidence remains at Capri, despite Q1 falls
Capri Holdings, the parent group of Versace, Michael Kors and Jimmy Choo, has announced revenues of $451 million for the first quarter of its current fiscal year, the three months to June 27. This represents a fall of 66.5% compared to the same period a year earlier, reports Leatherbiz.
China - Why luxury groups are betting on the West Bund Art Center in Shanghai
The health crisis began in China, but ironically it is in China that the major fashion and luxury groups will seek their salvation. The reason is quite simple: on the one hand, the recovery has already taken place in China, even if the reality is mixed across the country. Beijing, for example, is at half mast, but Hong Kong showed encouraging signals very early on, however balanced by an extremely tense social and political climate. Some luxury homes, as of May, noted a 22 percent increase in sales. The first country to be affected, China is also the first country to have contained the epidemic, which autom, click on atically gives it a head start.
Trends - TFL releases Colour Trends Catalogue for Spring/Summer 2022
The specialty chemicals manufacturer, TFL, has released its new TFL Colour Trends Catalogue for the Spring/Summer 2022 season in a new, easier to handle format, reports ILM.
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APLF Exhibitors in 2019
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Due to the recent rapid outbreak of COVID-19, in view of the health and safety of our exhibitors and buyers, APLF has made the most difficult decision to postpone the APLF fairs, including Fashion Access to 30 Mar – 1 Apr 2021. However, the Design-A-Bag Online Competition has continued in a new format. Three finalists submitted a video recording and a design presentation to elaborate their ideas before the final judging ceremony.
Under these circumstances and after several in-depth communications, the organisers, in view of the health and safety of our exhibitors and buyers and the impact on the exhibition, made the hard decision to announce that ACLE will be postponed from 1st – 3rd September 2020 to 31st August– 2nd September 2021 at the Shanghai New International Expo Center.
The COVID-19 pandemic has spread globally, and affected countries have been implementing different measures to prevent the spread of the disease.
With the coronavirus pandemic having been brought under control in China, APLF thought that it was an opportune time to find out exactly what is the current state of China’s leather industry. APLF approached the Chairman of the China Leather Industry Association (CLIA), Mr Li Yuzhong, to find out the facts of the situation in mid-March 2020.
While writing about trade dispute seems kind of trivial at a time when the whole world is weathering the Covid-19 pandemic, it is extremely important to understand the economic implications in order to better prepare and recover after the pandemic passes.