Business & Economy
Modrec International reveals bold plans for 2022 after challenging few years
February 1, 2022
A luggage, bag and leather accessories designer, manufacturer and supplier has announced bold plans for the next 12 months after a challenging few years.
Senior figures at Modrec International have described their outlook as “optimistic” and plans include an “exciting” partnership with a global fashion brand, a number of new online partnerships, a re-focus of their supply chain process, which will bring the majority of production to Europe, launching new sustainable products and a new website dedicated to it’s Gino Ferrari products.
An important part of Modrec International’s business is providing products for both business travellers and recreational travellers. After a number of challenges caused largely by the COVID-19 pandemic, Modrec International is now looking ahead towards a future where demand for travel-related products hopefully begins to recover.
John Lightfoot, director at North Shields-based Modrec International, said: “No period has seen the challenges and shocks to established business practices and procedures as the last three to four years.”
“This unprecedented shift in the business environment, from decimated travel business, shifting online shopping habits and worldwide supply chain issues, has meant that all companies have had to re-assess their activity.”
“For Modrec, these challenges have led to great opportunity and led to a re-enforcement of the core values and principles on which our chairman, Syd Snowball, built the company – innovation, design, craftsmanship, quality and customer service.”
From reducing product miles travelled to partnering with one of the world’s most recognised brands known for their upstanding ethical business practice, the next two years will see Modrec building on its long heritage while bringing new innovative solutions to the market.
Modrec International has continued to adapt through a business landscape that has changed immensely over the last five decades.
While long-term relationships have been formed with retailers including Harrods, House of Fraser, and John Lewis, and fashion brands Pierre Cardin and London Fog, the first three months of 2022 will see Modrec announce the latest multinational name partner with Modrec International on the development of its luggage range.