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- Prada Buys 10% Stake in Italian Leather Group Rino Mastrotto & European Leather Industry Challenges EU Deforestation Law in European Parliament
Prada Buys 10% Stake in Italian Leather Group Rino Mastrotto & European Leather Industry Challenges EU Deforestation Law in European Parliament
Bangladesh Leather and Leather Goods Exports Grew 35% in May Reaching $125 Million | Pasubio Forms New Luxury Platform UNICA Following Acquisitions of Conceria Antiba and SK!N | UK Leather Industry Faced Tough Year in 2024 as Exports Fell Despite Rising Volumes & more
Arshad Leathernews.org
June 08, 2025
Good morning & Welcome to our weekly newsletter! Here, we bring you the entire week's news, insights, market research, analysis, expert insights & facts from the global "leather, footwear, and leather goods" industry.
In a simplified and easy-to-understand manner, saving you time while keeping you informed & updated under 5 minutes every Sunday at 11am.
In case you missed it, here’s a look at what happened in the Global Leather, Footwear & Leather Goods Industry last week.
LEATHER INDUSTRY NEWS
Prada Group acquires a 10% stake in Rino Mastrotto Group, strengthening their partnership and focusing on luxury leather craftsmanship through asset transfer and strategic investment.
“This transaction reflects our ongoing commitment to investing in the luxury segment. Having Prada Group as a shareholder is a testament to a long-standing collaboration built on trust and enhances our industrial vision to ensure sustainable growth.”
The European leather industry urged the EU Parliament to exclude leather from deforestation regulations, highlighting a study proving leather is a by-product of meat production and warning of job losses and environmental harm from synthetic alternatives.
Bangladesh’s exports rebounded strongly in May, hitting $4.74 billion, the highest in 11 months. The leather sector exports increased 35%, reaching $125.3 million, signaling robust growth despite earlier disruptions and tariff uncertainties.
UK leather exports fell 6.7% in value despite a 2.3% rise in volume in 2024, signaling stable demand but lower prices while finished leather exports plunged over 30%, highlighting deepening industry challenges.
A Chinese firm in Savar is converting tannery waste into export-grade gelatine and protein powder, aiming to reduce pollution, cut imports, and boost Bangladesh’s leather industry with sustainable, high-value products.
UK-EU leather trade fell 14.2% in 2024, raising alarms over regulatory pressures and a weakening partnership, with raw material exports hit hardest and the looming EU Deforestation Regulation threatening further disruption.
Pasubio launches UNICA S.p.A., a new luxury materials platform uniting Antiba and SK!N to serve fashion, automotive, and interiors blending Italian craftsmanship with advanced quality and sustainability.
Namibia slashes export levies on skins and hides to boost local industry, support farmers, and enhance global competitiveness marking a strategic shift toward livestock sector growth.
FOOTWEAR INDUSTRY NEWS
Asics and Mizuno will stop using kangaroo leather in football boots, joining Nike and Adidas. Asics cites performance innovation, while Mizuno plans a gradual shift amid rising environmental and ethical concerns.
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Written & Published by Arshad | Leathernews.org
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