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ILM reports that retail comparable store sales for the British fashion brand declined 9% as planned reductions in markdown and reduced tourist traffic in outlets are reported to have offset high single-digit full-price sales growth. (Editor´s Note: this is a good performance considering retail disruption due to the pandemic)
The second issue of Leatherbiz Market Intelligence for 2021, including our exclusive fortnightly Leather Pipeline report and its usual analysis of the leather value chain, is now available for subscribers to read on the website.
Cowhides from all global origins have been in good demand from Chinese tanners since the middle of 2020, however, towards the end of last year the upward price momentum had started to slow. According to theSauerReport, there are signs that demand for European origins in particular may be increasing.
Artistic director of Louis Vuitton’s menswear collections, Virgil Abloh, has designed and launched a new men’s leathergoods line for the luxury fashion house, Aerogram, reports Leatherbiz.
One of the U.K.’s most iconic footwear retailers looks like it may soon be under new management, writes Glenn Taylor of Sourcing Journal.
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