# Can Luxury Brands Afford to Stay Silent About Leather's Exclusion from Deforestation Law?

> Kering announced it would cut its reliance on leather by 30 percent by 2028 and pursue alternatives. The article notes the European Commission has proposed excluding leather imports from its anti-deforestation law, with a public feedback period running to June 1.

- Date: 2019-09-03 · published 2019-09-03T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/57129-can-luxury-brands-afford-to-stay-silent-about-leather-s-exclusion-from
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A major luxury buyer shifting away from leather weakens long-term demand for hides, while the EU exclusion removes a compliance barrier for hide trade. Both factors are minor for feed-grade commodities.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-09-03 | [European Union Exempts Leather from Anti-Deforestation Regulations](https://feedsoft.ai/events/57127-european-union-exempts-leather-from-anti-deforestation-regulations.md) | -1.4% | +5.7% |
| SOY | 2020-07-10 | [EU’s trade deals can put an end to deforestation](https://feedsoft.ai/events/52143-eu-s-trade-deals-can-put-an-end-to-deforestation.md) | -0.5% | -1.9% |
| SOY | 2025-09-23 | [EU to delay anti-deforestation law by another year \| Reuters](https://feedsoft.ai/events/22875-eu-to-delay-anti-deforestation-law-by-another-year-reuters.md) | -0.0% | +2.1% |
| SOY | 2021-09-28 | [Satelligence Responds to Leaked EU Deforestation Law - Satelligence](https://feedsoft.ai/events/45100-satelligence-responds-to-leaked-eu-deforestation-law-satelligence.md) | -4.0% | -3.9% |
| SOY | 2025-05-22 | [EU brands just four countries as 'high risk' under deforestation law](https://feedsoft.ai/events/24691-eu-brands-just-four-countries-as-high-risk-under-deforestation-law.md) | -1.0% | +0.5% |
| SBM | 2019-09-03 | [European Union Exempts Leather from Anti-Deforestation Regulations](https://feedsoft.ai/events/57127-european-union-exempts-leather-from-anti-deforestation-regulations.md) | -0.3% | +2.3% |
| SBM | 2025-09-23 | [EU to delay anti-deforestation law by another year \| Reuters](https://feedsoft.ai/events/22875-eu-to-delay-anti-deforestation-law-by-another-year-reuters.md) | -3.5% | +2.2% |
| SBM | 2025-05-22 | [EU brands just four countries as 'high risk' under deforestation law](https://feedsoft.ai/events/24691-eu-brands-just-four-countries-as-high-risk-under-deforestation-law.md) | +0.1% | -3.0% |

## Sources

- wwd.com: https://wwd.com/sourcing-journal/sustainability/eudr-deforestation-luxury-brands-kering-1238982399/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.