27 October 2021

Leatherbiz Market Intelligence - Inflation fears could help boost leathergoods sales

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.” 

關於亞太區皮革展 ​

我們為皮革、物料及時裝業界創造面對面洽談的機會,爲客戶締造實質商機。我們雲集世界各地的商家,讓他們尋找新的合作伙伴,發掘潛在客戶或供應商,並掌握業界最新發展。   我們主辦多個專注時尚及生活潮流的商貿展覽會, 為這不斷變化的行業,提供最全面的買家及參展商服務,方便他們了解急速轉變的行業環境,並預測來季趨勢。

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