News from World

tag: pelletteria

21 March 2023

Ramadan begins today: how should international luxury brands deal with Ramadan?

Luxury brands are studying how to better respond to the business opportunities of Ramadan, while maintaining a respectful relationship with the holy month. Achieving the right balance requires advance planning. [What makes for a meaningful Ramadan campaign? - voguebusiness.com]

08 March 2023

In Italy, fashion tends to regroup supply chains

In Tuscany, fashion contractors internalize subcontracting. From leather goods to buckle finishes, different manufacturers reorganize factories, writes ilSole24ore. The problem of the fashion and leather sector in Italy is the lack of manpower. For this reason, brands acquire strategic suppliers, i.e. those who havegreater expertise and internalize the productions that were once outsourced.

23 February 2023

Zhang Yuan, owner of a leather goods shop was delighted to have Mongolian merchants return.

Border cities like Erenhot have seen a boom in business since cross-border travel resumed between China and its neighbors, as a result of optimized COVID-19 controls. Statistics showed that the Erenhot highway port has recorded a daily average of about 600 passenger trips since Jan 8. The port also handled 1.42 million metric tons of cargo last month, up 98.2% year-on-year. [Business booms on China-Mongolia border - Chinadaily.com.cn]

23 February 2023

GP Park Sibiu in Romania: Leather goods hub

VGP, a European provider of logistics and semi-industrial real estate, leased a hall of 4,500 sqm in the logistics park VGP Park Sibiu, to Somarest, which operates in the field of leather goods. Spread over an area of 219,000 sqm, with over 93,000 sqm of logistics and industrial spaces, VGP Park Sibiu is located in the center of Romania, in the northern area of Sibiu, with direct access to the highway and just 10 minutes from the International Airport. [[VGP Romania leases 4,500 sqm to leather goods component ... - thediplomat.ro]

16 February 2023

Focus on Asia’s fashion capitals for Italian brands

Over 70 Italian footwear and leather goods brands traveled to Asia at the beginning of February to participate in events in Seoul and Tokyo (APLF@APLFHK). Italian companies used the events to show Asian buyers their collections for autumn-winter 2023-2024. The Italian Fashion Days took place in Seoul from 1 to 3 February, followed by Shoes From Italy and Moda Italia in Tokyo from 7 to 9 February.

15 February 2023

Jimmy Choo and the difficulties of Covid in China

In the fiscal third quarter ended Dec. 31, Jimmy Choo posted revenues of $168 million, down by 5.6 percent year-over-year on a reported basis but up by 3.4 percent at constant currency rates. The brand’s performance was affected by the surge in Covid-19 cases in China as the country reopened. Excluding mainland China, revenues increased by 10 percent in local currencies. [Jimmy Choo's quarterly sales hit by Covid resurgence in China - shoeintelligence.com]

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