by The date is set on the calendars of every European player in the textile and clothing markets: for 3 days, the Apparel Sourcing and Texworld trade shows, with their key sectors Avantex and Leatherworld, will be bringing together at the Paris Expo Porte de Versailles most of the world's supply for fashion brands, from ready-to-wear to luxury ..read more

by Sports company Puma will make a commercial version of its experimental Re:Suede trainer, the Re:Suede 2.0, available for sale, after the company demonstrated it could turn the Re:Suede into compost under tailor-made industrial conditions during a two-year pilot project ..read more

by Bauce, an Italian manufacturer of leather production machinery, and Luxembourg-based Hidexe, a provider of cloud-based software-as-a-service (SaaS) technology aimed at the hide and leather industry, have agreed to deliver integrated solutions tailored for large global tanneries ..read more

by Stahl, a leading provider of speciality coatings and treatments for flexible substrates, has published its 2023 Environmental, Social and Governance (ESG) Report. The report outlines Stahl's recent progress on its ESG Roadmap to 2030 and the steps the company is taking to live its purpose of Touching lives, for a better world. The report is available now as a fully digital version ..read more

by Kering recently announced its acquisition of the iconic via Monte Napoleone 8 building in Milan, a historic structure situated at the heart of the city's Quadrilatero della Moda, for approximately €1.3 billion. The purchase was made from a subsidiary of Blackstone Property Partners Europe ..read more

by Europe's largest footwear retailer, Deichmann, celebrated its 111th corporate anniversary with optimism, closing 2023 with a historic revenue milestone of €8.7 billion. The family-owned company announced plans for group-wide investments totalling around €374 million in modernizing its store network, enhancing IT infrastructure, and optimizing logistics, among other initiatives ..read more

by JBS Australia is significantly increasing production at its Dinmore facility in Queensland, which stands as the largest beef plant in the southern hemisphere ..read more

by In the face of anticipated challenges, Kering has warned that it expects a decline of approximately 10% in its consolidated revenue for the first quarter of 2024 compared to the same period last year. This estimation primarily stems from a notable sales decrease at Gucci, particularly in the Asia-Pacific region, with Gucci's comparable revenues expected to plummet by nearly 20% year on year ..read more

by As part of Bata Group’s dedication to establishing a responsible leather supply chain, reflecting its commitment to sustainability, conscientiousness, and responsibility, it has recently announced that is has joined the Leather Working Group (LWG). A global multistakeholder organization, LWG is committed to driving excellence in the leather industry, minimizing its environmental impact, and challenging industry perceptions through various tools and ESG certification ..read more

by PUMA has announced its intention to allocate up to 50% of the Group's net income to shareholders through a combination of dividends and share buybacks. Bolstered by a strong balance sheet as of 2023 year-end and a strategy geared towards sustainable and profitable growth, the company anticipates robust cumulative free cash flow generation in the coming years, forming the organic basis for increased shareholder payouts ..read more