French leather technology provider Lectra has announced new transformation plans with its revenues dropped by 3.6% to EUR 198.4 million for 2012 from its previous years.
A number of renowned architects have been taking a break from their routine and carving into footwear design, producing stunning cross-over masterpieces, according to Architizer News.
Leather chemicals provider Stahl has announced that an event will be held on June 17 and 18 at Paris to introduce newest technologies to luxury leathergoods-focused tanneries, sources reported.
Adidas, the world's second-largest sporting goods brand, has posted its highest ever gross profit margin due to high demand for its higher-priced products despite weak spending in Europe, sources reported.
L Capital, private equity fund backed by LVMH, has made its second investment in Australia after purchasing shares in bushwear firm R.M Williams to help the brand to further its global expansion in the luxury sector, sources reported.
Nike has recently revealed expansion plans for the first time in years with new opportunities brought by the upcoming World Cup and Olympics in Brazil, sources reported.
Leather chemicals manufacturer Lanxess the X-Grade finishing agents that would help tanners in the current economic climate to supply luxury leathergoods manufacturers.
