The Latest Report From The Autumn Leather Show In Milan Shows That The Market Is Sluggish.

2015 fall Milan leather show THE MICAM and MIPEL latest report

With the arrival of the shopping season, the market of Arzignano in Italy this week is rather hazy. The negative trend of Shanghai's market has made the market uncertain. Why is European leather more expensive? Lineapelle, Milan's Milan, will be an opportune time and place for buyers and sellers to communicate.

But depending on the discount, only a small number of pactions have been achieved. For example, the German Bull has dropped five points and has not fallen much. Generally speaking, there is little willingness to buy.

From September 1st to September 4th this year.

Fewer buyers, 30801 visitors, 3000 less than last year, less than the February Milan exhibition.

The reason is that the opening hours of retailers in Italy are in mid week, and the impact of domestic consumption in Italy.

In addition to Italy and France, including Asia and the Middle East, visitors from the United States and Europe are 50% more than last year, and there are very few buyers in Russia.

The products in spring and summer do not seem to be affected by the fall in commodities. Because the price of raw leather is falling, the discount of finished leather will only affect the next winter products.

Some enterprises that originally used synthetic leather have now made the decision to switch to 100% leather, so that they can be distinguished from the products of Asian competitors.

Some exhibitors complain that European supply chains have been reduced. They say that due to the lack of skilled workers, it is rather difficult for Italy to produce bags and to find the raw materials for design and production in Europe.

Some really high quality products at the exhibition.

It is produced by only a small number of luxury brands.

Buyers only pick good and inexpensive leather. This global price pressure makes manufacturers use low grade leather.

Compared to the 2009 financial crisis, the most expensive leather was only strategically pushed to the emerging market.

This trend not only reduces the budget of the Russian guests, but also the guests from the Far East.

The strength of the US dollar is only a drop in pressure for European manufacturers, but if the euro has a strong trend, it will be a nightmare for them.

If so, the collapse of the Russian market and the disappearance of the Latin American shoe market will result in a wave of new closures in Europe and Italy.

Italy

In the first half of the year, production decreased by -3.2%, output value decreased by -1.2%, the domestic market became more and more depressed, and the export value increased by +3.1%, but the number dropped by -5.2%.

The main export markets are the US (+16.4%), Switzerland (+14.9%), China with Hongkong (more than +20%) and Korea (+51%).

Exports to Europe have not changed. Some countries, such as Germany, are much more expensive and low in some countries.

France is still the largest footwear export market in Italy, but its volume has dropped by 12% and its exports by 4%.