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With the price of raw hides rising dramatically, as much as 30 per cent in the last year, leather is threatening to return to its roots as a luxury product.
As a result, shoe manufacturers were left buying leather when it was in limited supply and rising in price. "In one year, [cow] hide prices have gone from $0.45 a pound to $1.30," said Colby.
Bangladesh Finished Leather and Footwear Exporters Association (BFLFEA) President Abu Taher announced this year's raw hide prices at a press conference at the association's Dhanmondi office yesterday.
The maximum buying price of raw cowhide has been fixed at Tk70-Tk75 per square foot in Dhaka and Tk60-Tk65 for outside during Eid-ul-Azha. Last year, the hide prices were set at Tk85-Tk90 per square ...
Dhaka, Nov 6 (bdnews24.com)—Prices of cattle hides have not been fixed for the Eid-ul-Azha this year after the demand and price of leather fell in the international market due to the financial ...
"The price of the hides is so low that it is no longer economical to collect, clean, and store the hides," said Shahid. Earlier, a goat or sheep skin was sold for Rs 500 to 1000.
Leather, whether synthetic, vegan, or the real McCoy, has a marketing problem. Leather UK’s Dr Kerry Senior wonders whether there is enough policing of ‘green’ alternatives as part of the ...