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- Weekly Leather Industry News: France's Leather Industry €5.8Billion Surplus, Sadesa's New Tannery, Spain's Footwear Industry & More
Weekly Leather Industry News: France's Leather Industry €5.8Billion Surplus, Sadesa's New Tannery, Spain's Footwear Industry & More
Leather and Hide Council of America (LHCA) Backs Congressional Effort to Promote Slow Fashion
Arshad Leathernews.org
December 08, 2024
Good Morning & Welcome to our weekly newsletter! Here, we bring you the entire week's global news, insights, market research & analysis, expert insights and facts from the "leather, footwear, and leather goods" industry.
In a simplified and easy-to-understand manner, saving you time while keeping you informed and updated.
In case you missed it, here’s a look at what happened in the Global Leather & Footwear Industry last week.
LEATHER INDUSTRY NEWS
France’s leather industry maintained a €5.8 billion trade surplus in 2024, despite facing challenges like weakened international demand and a 4% revenue drop in tanneries. While exports to Italy rose by +19%, markets like Turkey and Spain showed steep declines.
📈 Finished leather exports to Italy: +19%
📉 Revenue of French shoemakers: -3%
Sadesa has opened a state-of-the-art manufacturing plant in Saigon, producing 2 million sq. ft. of premium athletic leather monthly. With cutting-edge technology, this sustainable facility caters to global sportswear giants.
Mauro Bergozza has been appointed president of Assomac, succeeding Maria Vittoria Brustia. The announcement came during the Assomac General Assembly in Milan. Bergozza, a seasoned leader from Bergi S.p.A., aims to strengthen technological identity, promote “Made in Italy,” and foster strategic alliances.
The Leather and Hide Council of America (LHCA) has joined forces with the Congressional Slow Fashion Caucus to champion sustainable fashion. This initiative, backed by brands like Patagonia and The RealReal, promotes climate-smart policies to reduce waste and encourage long-lasting products.
FOOTWEAR INDUSTRY NEWS
Spain’s footwear sector is thriving, with exports of 124.6 million pairs in the first eight months of 2024, earning €2.43 billion a rise of 11% in volume and 7.4% in value from 2023. Top markets include Italy (€494M), France (€405.1M), and Germany (€235.7M).
LEATHER GOODS INDUSTRY NEWS
Dior is taking control of its supply chain with a new industrial division led by Giorgio Striano, starting January 2025. Nicolas Carré joins as Industrial Director for leather goods, footwear, and jewelry. These moves aim to boost production while addressing concerns about supplier practices.
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Written & Published by Arshad | Leathernews.org
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