Home / Knowledge / News / APLF-SauerReport to address Hide Market Crash
APLF-SauerReport to address Hide Market Crash
26
Mar '09
These are challenging times for the Leather Industry.A chronic over-supply of raw materials is impacting dangerously on the market. The situation will likely get worse - certainly in the near future and likely in the medium to longer term.

The Hide Market Crash is the ripple effect of the global economic crisis: plummeting sales in the automobile and household furniture sectors, both big leather consumers, caused a radical decline in demand for animal skins. A similar trend followed in other leather articles like apparel, small leather goods and footwear.

What can be done to ameliorate the situation? theSauerReport is co-organising a brainstorming session with APLF, where top industry professionals will exchange ideas, experiences and solutions.

The seminar will address concerns such as:
- how the industry will deal with the lowest raw material prices ever seen
- what to do with the world-wide surplus of raw material
- how to resolve all the financial and contractual problems that the crisis has already caused
- how consumer demand will develop

The Hide Market Crash: Implications on the Leather Industry
This primary cause of the problem of today is disparity in supply and demand. Hides and skins are available in only very slightly lower numbers but demand for leather may be down as much as 30 - 40% over all.

"The leather industry has no control over the supply of its raw material. As long as there is a demand for meat - and there is, in spite of the crisis-its by-product, hides and skins, keep coming in hundreds of thousands, every day," notes Ron Sauer, founder of theSauerReport.

Cattle hides, which are the source of 70% of global leather production, have lost about 50% of their value since October 2008. Tanners saw their orders reduced tremendously by the reduced demand for the final products.

Businesses now are trying to survive in midst of chaos. Orders were cancelled or renegotiated at much lower prices, shipments and payments were delayed, factories closed, workers made jobless, essential credits cancelled and reduced.

The leather industry is facing serious and dangerous challenges ahead. Isn't it time to address these problems together?

Seminar Information
When: Thursday, 2 April, 10:30am to 12:30pm
Where: Room 607 Hong Kong Convention and Exhibition Centre

Agenda
Opening and introduction to today's problems and the objectives of the meeting by Ron Sauer of www.theSauerReport.com

View from China and the International Hide Skin and Leather Traders Association (ICHSLTA) by Mme. Zhang Shuhua, Chairman of the China Leather Industry Association (CLIA) and President of ICHSLTA.

View from the United States and what happened to the China/US hide market relationship by John Reddington, President of the US Hide, Skins and Leather Association.


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search