Tom Hogarth

1 week ago | internationalleathermaker.com | Tom Hogarth

April 15, 2025  •  Brazil   Brazilian hide and skin exports were down year-on-year for the third consecutive month in March 2025, according to data from SECEX (Foreign Trade Secretariat) of the Ministry of Development, Industry, Commerce, and Services, analysed by CICB/Brazilian Leather.

1 week ago | internationalleathermaker.com | Tom Hogarth

“This rebranding represents our promise – a promise to our customers, our partners, and ourselves – to push boundaries, embrace new opportunities, and always stay ahead of the curve,” said Jonathan Clark, Chief Executive Officer of PrimeAsia. The company said the new identity revolves around “Accelerate Ahead”, a guiding principle that encapsulates the company’s role as a dynamic force in the leather industry.

1 week ago | internationalleathermaker.com | Tom Hogarth

Mike RedwoodColumnistInternational Leather MakerOne of the fundamentals underlying current geopolitics is two sets of consumers. American consumers spend rather than save, while Chinese consumers are less willing to spend and chose to save. High consumer spending and low savings leads to imports, borrowings and trade deficits. Total U.S. borrowing is currently over US$36 trillion. The other means to maintain growth and GDP has to keep on exporting what it produces.

1 week ago | internationalleathermaker.com | Tom Hogarth

Import woes for Brazilian footwear in Q1 despite export growthBrazil’s footwear industry kicked off 2025 on a high note, with exports climbing sharply despite growing global economic tensions, but worries continue over imports.

1 week ago | internationalleathermaker.com | Tom Hogarth

Credit: DiorFor the first quarter of 2025, the company brought in €20.31 billion, falling short of analyst expectations of €21.21 billion and down 2% on a reported basis. The company faced headwinds across several key markets, with Asia (excluding Japan) experiencing an 11% drop in sales, the U.S. down 3% and Japan slipping 1%. Europe was the only region to post growth, with a modest 2% increase. ​The Fashion & Leather Goods division saw a 5% decline in organic revenue, totalling €10.1 billion.