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  • New Zealand – sheep farming and slaughter outlook for 2018-19

    Published: 20 Nov, 2018

    Recent forecasts for the current and next farming year (ending September 2019), see a decline of most industry indicators.

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  • Market impact on Brazilian tannery production

    Published: 20 Nov, 2018

    According to a member of the trade, the difficult general situation is now affecting the production strategies of tanners, which are abandoning some production due to their poor profitability.

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  • South African green hide prices flat

    Published: 20 Nov, 2018

    The price of green hides remained fundamentally flat this week at R4.85/kg on average.

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  • Brexit and buyer pressure in the United Kingdom and Ireland

    Published: 20 Nov, 2018

    The hide trade is moving along the same lines seen over recent weeks. Traders are trying to push back against pressure from buyers, but in a market where alternatives are abound, the best that can be achieved is a marginally lower price compared with previous sales.

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  • Business continues to contract in Argentina

    Published: 20 Nov, 2018

    The situation remains unchanged for salted hide traders. With business contracting, the local larger tanners have changed their procurement needs, increasingly looking only for green hides purchased directly from the abattoirs. There is speculation that a push will be attempted in the coming weeks to lower down the price of fresh material.

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  • Kenyan leather sector calls for zero tariffs

    Published: 20 Nov, 2018

    Representatives from the Kenyan leather industry claim that lowering the costs of domestic production would enable the industry to become more competitive and halt cheap imports.

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  • Australian new season lamb production in full swing

    Published: 20 Nov, 2018

    New season lamb production is now in full swing in South Eastern parts of Victoria, with a large part of animals sourced from these areas and transported to processing plants elsewhere.

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  • Sharp drop in profit for Yue Yuen

    Published: 20 Nov, 2018

    Unaudited consolidated results for the nine months ending September 30, 2018, show that profit attributable to owners of the Company declined -48.3%, year-on-year.

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  • Richemont’s H1 results disappoint despite profits doubling

    Published: 20 Nov, 2018

    Net profit for the Switzerland based luxury holding stood at €2.25 billion in the six month period ending September 30, compared with €974 million in the same period of the Group’s fiscal 2018, but mainly due to a revaluation of existing shares of the recently acquired Yoox-Net-A-Porter (YNAP) business.

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  • Major German tanner looks to reduce hide in-take

    Published: 07 Nov, 2018

    theSauerReport has heard from four separate sources that the country’s leading tanner in the automotive segment, has announced its plans to drastically cut its hide in-take.

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