APLF opens in Hong Kong
14/03/2018
Mr Duck said the 2018 exhibition had “an encouraging backdrop” in terms of the wider global economy, but he said the leather industry had not kept pace with this.
He said: “The leather industry has been suffering from an oversupply of raw materials that has kept prices under pressure and at the lowest levels seen since the financial crisis. This could stimulate demand in the footwear sector as lower leather prices can better compete with synthetics.”
What is needed to boost demand, he continued, is for designers to turn their attention to leather and its characteristics of “longevity, beauty and, most importantly, biodegradability”.