Footwear manufacturer and retailer Le Saunda Holdings Ltd said total sales rose 15.2 percent year-on-year in the three months ended November 30th .The firm added in an interim filing to the Hong Kong Stock Exchange that same store sales for the third quarter of financial year 2013-14 expanded by 14.2%. The numbers were buoyed by a reduction in promotional discounts and an increase in retail gross margin.
Demand remains high for larger hides for the automotive sector in Germany. In fact, due to strong demand auto manufacturers have shortened their Christmas holidays this year to keep up with production.
“Leather and the Environment – Sustainability in the leather supply chain” is the title of a conference, which will take place at the Hong Kong Convention and Exhibition Centre, April 1, 2014 during the APLF fair.