Turnaround for French leathergoods sector with 11% g - leatherbiz: Lea Leatherbiz

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Turnaround for French leathergoods sector with 11% growth

29/03/2016
The French leather sector recorded an 11% growth in the value of exports to €9.3 billion in 2015, according to national association Conseil National du Cuir.

More than half of exports go to Europe while a third are for Asia and Australasia.

“After two rather difficult years for the luxury sector, exports from the leathergoods industry are once again experiencing significant growth, showing an increase of 11%,” said the association.

Sales of handbags increased 14% in value, notably thanks to the boom in demand from the US, up 41%.

Imports of raw exotic skins grew by 24%. They represent more than two-thirds of French imports of raw leathers and skins. Imports of finished calf and ovine skins grew by 22% and 87%.

Exports of footwear grew 8% in volume and 19% in value. Exports of shoes with leather uppers grew by 9%.

The number of pairs imported was 497.1 million, 11.6 million fewer pairs than in 2014.

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