The US $ in EURO
1,1575

What happened this week: Lineapelle! Most of the trade went fully convinced to the show in Italy that things would be bad. There will be – as usual – a large debate about the attendance, results etc. and it will depend again much on the person you speak to what the view is going to be. In our case we have been positively surprised. While during the first day attendace wasn’t too good many felt already, that their prejuduces would be confirmed. However, as more the show proceeded as more many faces got relaxed and by the end on Thursday there was a general consensus, that leather business in total was better than the expectations. Many tanners even admitted, that they had been pleased with the results and carried sample orders and colour instructions home. Quite a few found the confirmation that leather business hasn’t come to the feared stop and with all difficulties also the leather trade can presently assume, that the global economy could see some better times ahead. As positive this may now sound we are not neglecting the problems which also can been seen and which accompany us at least inin Europe still for a

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