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Italy’s national leather industry association, UNIC, has estimated that the effects of the coronavirus outbreak could lead to a reduction in the combined turnover of Italian tanners of around 10% this year. Report by Leatherbiz.
The British fashion house has opened its new ‘Burberry Centre for Manufacturing Excellence’ at the company’s Castleford site in Yorkshire, northern England, reports ILM.
Full-year figures for 2019 show that footwear group Stella International earned revenues of just over $1.5 billion. The figures are unaudited. Over the 12-month period, Stella shipped 59.4 million pairs of shoes, reports Leatherbiz.
A new report released by U.S. campaign against tariffs, ‘Tariffs Hurt the Heartland’, has estimated that Americans have paid an additional US $46 billion since the U.S. – China trade war began in February 2018 through November 2019, reports ILM
The troubled British footwear manufacturer and retailer is reported to have called in a team of specialist management consultants to review the business, reports ILM.