243
Fashion Jobs
L'OREAL GROUP
Head of Advocacy & Influence - l’Oréal Dermatological Beauty - Copenhagen
Permanent · COPENHAGEN
ESTÉE LAUDER COMPANIES
District Manager (Funen/Jutland)
Permanent · AARHUS
ESTÉE LAUDER COMPANIES
Handelselev Med Speciale i Digital Handel - E-Commerce
Permanent · COPENHAGEN
ZIZZI
Online Buyer Til Fashion
Permanent · BILLUND
SAMSOE
Logistik Koordinator
Permanent · GLOSTRUP
ONLY
Business Controller
Permanent · BRANDE
ONLY
International Sales Manager
Permanent · BRANDE
JACK & JONES
Konstruktører, Jack & Jones og Jjxx
Permanent · BRANDE
BEST SELLER
Environmental Programme Coordinator
Permanent · KØBENHAVN K
BEST SELLER
Product Owner - Data-Driven Solutions & ai
Permanent · AARHUS
SELECTED FEMME/HOMME
Sales Representative
Permanent · BRANDE
L'OREAL GROUP
Key Account Relationship Specialist
Permanent · COPENHAGEN
SAMSOE
Business Controller (Sql And Data Analytics Specialist)
Permanent · COPENHAGEN
ACE & TATE
Optometrist Copenhagen i NY Østergade
Permanent · COPENHAGEN
VERO MODA
Business Controller
Permanent · AARHUS
VERO MODA
Buyer | Curve
Permanent · AARHUS
ONLY
Demand Planner
Permanent · BRANDE
L'OREAL GROUP
Supply Chain Graduate - l’Oréal Luxe Product Division - Copenhagen
Permanent · COPENHAGEN
KERING EYEWEAR
Kering Eyewear - Lindberg Junior Trade Marketing Manager
Permanent · AARHUS
ESPRIT
Area Manager Multilabel Nordic Women
Permanent · COPENHAGEN
ZIZZI
IT Operations Manager
Permanent · BILLUND
TJX EUROPE
Buying Coordinator
Permanent · COPENHAGEN
By
Reuters
Published
Jan 10, 2013
Reading time
2 minutes
Download
Download the article
Print
Text size

Hermès buys d'Annonay tannery to secure supplies

By
Reuters
Published
Jan 10, 2013

PARIS - Hermès is taking over d'Annonay tannery, one of its key providers of calf leather, becoming the latest luxury brand to buy up a supplier in an increasingly competitive environment for quality raw materials.

Hermès, which already owns two tanneries in France, one in Italy and a reptile tannery in Louisiana, on Thursday said it had acquired the d'Annonay business in the Rhone Valley from its 80 staff for an undisclosed amount.

"This acquisition is in line with the strategy of... preservation and development of sources of supplies and know-how related to them," Hermès said in a statement.

Rival luxury groups such as Chanel and LVMH have been stepping up their investments in recent years in prized leather workshops and artisans as well as accessories specialists to secure supplies.


As a result, luxury brands are boosting vertical integration - owning most of the production chain, from the raw material provider to the shop where the product is sold, industry analysts say.

Crisis-defying demand for luxury goods, coming mainly from Asia, has put pressure on production capacity and on supplies of high quality raw materials, leading brands to fight for them and even buy some of them up to secure their needs.

In Oct. 2011, LVMH acquired control of Heng Long, a crocodile skin tannery in Singapore, and bought in May last year the Roux tannery, a supplier of the luxury group's fashion brands Christian Dior, Louis Vuitton, Loewe and Celine.

In October last year, Chanel bought the Scottish cashmere specialist Barrie Knitwear and the previous month, it acquired the glove-maker Causse, bringing the number of specialist suppliers under its wings to more than a dozen.

Chanel says it allows its specialist production units, which also include the prestigious embroiderer Lesage and hat maker Maison Michel, to work for rival brands to stimulate creativity.

In the watchmaking world, top brands have been buying suppliers of movements, dials, springs and other parts in response to threats from the industry's biggest provider Swatch to cut off supplies to rivals.

© Thomson Reuters 2024 All rights reserved.