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This Week's News from the Global Leather & Allied Industries - Leathernews.org
Tandy Leather Reports $76.3 Million Revenue in 2025 | Ethiopian Leather Industry Association Flags Crisis While Govt Pushes Value Addition | Three Tannery Workers Collapse After Inhaling Toxic Gas at a Tannery in Vaniyambadi & more...

WEEKLY ROUNDUP
Your quick 5 minute brief on this week’s global leather & allied industry news
Good morning & welcome to another edition of Weekly Roundup by Leathernews.org
Every Sunday at 11 am, we bring you the entire week’s news, insights, updates, market research, analysis, expert opinions, facts & figures from the global leather & allied industries in a simplified & easy to read format, saving you time while keeping you well informed & updated in under 5 minutes.
Ethiopia’s leather industry is under pressure as leaders warn that deep structural problems are slowing growth. The sector which was once a major foreign currency earner is now battling shortages, wastage, financing gaps and policy disputes.
Full year revenues reached $76.3 million, up 2.6% from $74.4 million in 2024. Gross margins improved to 57.0% from 56.2% the prior year, reflecting gains from dynamic sourcing strategies and selective price increases.
“We were pleased to return to sales growth for both the fourth quarter and full year 2025 & we are well positioned to focus on continued sales growth and a return to operating profitability in 2026”
Three workers at a private tannery in Vaniyambadi, Tamil Nadu were hospitalized on 27 February 2026, Friday morning after collapsing from toxic gas.
The 101st edition of MICAM and the 129th edition of MIPEL ended in Milan on 24 February 2026 after 3 days of business meetings, trend discussions and industry networking. Organisers reported strong international participation, welcoming over 20,000 visitors, 54% international and 46% Italian.
Kothari Industrial Corporation Limited (KICL) has signed a strategic academic partnership with ITECH Lyon, France on February 25, 2026 to boost technical education in leather technology.
Shoe manufacturers reported total revenue of €2.33 billion. That is a 3.2% increase compared to 2024. Domestic sales drove the growth. Revenue inside Germany rose 6% to €1.83 billion.
IULTCS has officially announced that the Young Leather Scientist Grant YLSG 2026 winners are finally out and the global leather industry now knows the three bright minds shaping its future.
Sri Lanka’s largest footwear and leather trade exhibition is underway in Colombo, bringing together more than 150 companies across 284 booths at the Bandaranaike Memorial International Conference Hall, better known as BMICH, from February 27 to March 2, 2026.
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ABOUT THE AUTHOR
![]() | Arshad, For advertising or media partnership enquiries, please reach out via Email:- [email protected] |
Arshad is the Founder & Editor of Leathernews.org, a global news platform covering the leather, footwear & allied industries. He is an engineer specialising in leather technology with over 9 years of experience across the global leather & allied industries & content creation. He closely tracks trade policy, exports, global sourcing trends & industry developments, with a focus on making complex topics simple, clear & easy to understand for industry professionals.









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