27 October 2021
The latest edition of our fortnightly newsletter, Leatherbiz Market Intelligence, went live on October 26.
Prada at Selfridges
This issue of Market Intelligence pulls no punches. It says the leather industry still faces major challenges and that the coming weeks will certainly remain difficult.
“We need a quick recovery in demand,” the report insists, adding that consumers’ fear of inflation could even be a help, at least in the short term. Inflation is now reaching 3%-6%, depending on the country, it says, and this is not yet the end of the line. “It is safe to assume that prices will not fall again under any circumstances in the coming months,” it adds.
If people expect prices to rise they may prefer to buy now, it argues.
However, this does not change the core problem. Market Intelligence warns: “Without a renaissance for leather, there will be no real recovery. Simply buying raw material because it looks cheap is not a solution.”
We bring leather, material and fashion businesses together: an opportunity to meet and greet face to face. We bring them from all parts of the world so that they can find fresh partners, discover new customers or suppliers and keep ahead of industry developments.
We organise a number of trade exhibitions which focus on fashion and lifestyle: sectors that are constantly in flux, so visitors and exhibitors alike need to be constantly aware both of the changes around them and those forecast for coming seasons.
