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Egypt Today has reported on the latest news on the El-Roubiki Leather City located in the outskirts of Cairo. Minister of State for Military Production Mohamed Saeed el Assar and Industry Ministry Amr Nassar signed on Thursday 10 October a contract for operating, managing, maintaining and developing the tanneries center in El-Roubiki Leather City in line with environmental and safety standards.
Leathergoods and footwear group Tapestry has made a formal request to the US Trade Representative that leather handbags imported into the US from China be exempt from a proposed increase in tariffs, reports Leatherbiz.
The luxury French conglomerate LVMH recorded 16% increase in revenue to €38.4 billion in the first nine months of 2019, with The Fashion & Leather Goods business group achieving organic revenue growth of 18% in the period, reports ILM.
An opening ceremony hosted by Chairman of ECCO Leather Dieter Kasprzak and attended by a number of VIP guests marked the opening of an advanced high-tech leather cutting plant next to the company’s tannery in Xiamen, China. The new plant is destined to be a centre for leather cutting excellence of the ECCO Leather Group.
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