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S&V Weekly Newsletter Vol.3 No.22, June 5, 2017

This Newsletter is sponsored by SAFLIA

Please note: Click on any ad to go to the advertiser’s website

 

General goods: No agreement

Cape Town (SA) – Like the Tanning and Footwear Sectors, the second round of wage negotiations in the General Goods & Handbag Sector, which ended today, did not reach settlement. Unlike the other 2 sectors, which will have third rounds of negotiations, employers in the General Goods Sector will consult with their members and respond to the unions by June 19. If they do not reach a settlement then, the parties will be in dispute.

 

Bolton to open 3rd concept store, no more planned

Cape Town (SA) – Bolton Footwear will open its third – and for now final – concept store next month, CEO Alan Fleetwood said last week. These are separate from the group’s 7 remaining factory outlet stores.
       He said sister company BBF Safety Group had no plans to open its own stores.
       “Since September 2014 we have closed 20 Jordan Outlet stores all over the country…the 7 remaining, 6 in the Western Cape and 1 in East London, have been around for many years and meet our needs of them.
       “Our concept stores trade under the name ‘Bolton - where brands live’. We opened 1 in the Meander Mall in George last June, 1 in East Rand Mall in April this year and will be opening 1 in Mall of Africa in July. No others are in prospect.
       “The purpose of the shops is to test and showcase the wide array of our own brands and over time through our success, have our retail customers gain appreciation that they can safely buy wider through our ranges than just focusing on what they perceive to be the eyes and sure-bets of the brands.
       “Frans Greyling, who joined us in September last year when his predecessor resigned, heads up our retail operation with a small team of support staff.”

 

 

Sutherland creditors to get 30 cents in the Rand

Pietermaritzburg (SA) – Concurrent creditors in Sutherland Tannery (Pty) Ltd will receive about 30 cents in the Rand when the takeover of the company by Italian tannery G. Giardini Pellami srl is approved, according to the business rescue plan prepared by business rescue practitioner Stowell Estate Administration Trust.
       The final date for approval of the plan is October 1.
       2 of 3 conditions precedent to the offer have been met. It was not clear at the time of writing what the third condition is.
       In terms of the plan, Giardini Pellami will pay R7.8 million, of which R2.8 million will be used to pay concurrent creditors, R3.5 million employees’ arrear salaries, leave pay and retrenchment costs, R1.1 million to preferential creditors, and R400 000 to pay any unpaid business rescue costs.

 

 

Retailers urged to attend trend seminars

While manufacturers, importers and component suppliers have signed up in numbers for the ARSUTORIA trend seminars to be held in Durban, Cape Town and Johannesburg the week after next, very few retailers have taken up the offer to learn from the world’s leading footwear and leather goods fashion institution, according to project manager Ernest Heunis.
       The dates, times, venues and contact details are below.

June 19: Durban, Durban University of Technology, Ritson Campus
10h 00 - 13h00 (manufacturers and component suppliers)
14h00-17h00 (retailers, importers, buyers and wholesalers.)

June 21: Cape Town, Cape Peninsula University of Technology, Hotel School Waterfront
10h 00 - 13h00 (manufacturers and component suppliers)
14h00-17h00 (retailers, importers, buyers and wholesalers.)

June 23: Johannesburg, UNISA Johannesburg Campus, Florida
10h 00 - 13h00 (manufacturers and component suppliers)
14h00-17h00 (retailers, importers, buyers and wholesalers.)

Interested parties should please send your details through to Ernest Heunis at SHALC (ernest@leatherite.co.za), Ina Venter at SAFLIA (Ina@saflia.co.za), or Prenisha Dukhirpersad at SAFLEC (info2@saflec.co.za).

 

 

SLTC: An anniversary of note

From Quintin Marais, president, SLTC Southern African Section I would like to take this opportunity to thank everyone who attended and was involved in the 65th SLTC convention which we held at La Wiida lodge 26 to 28 May 2017.
       Thank you to all the international guests who took the time out of their schedules to present papers this year.
       I want to thank my committee for their support and efforts and a big thank you to Nicola Phipps for organising and planning the event. Many thanks to all of our sponsors, most of whom support us every year. You all are a BIG part of making the convention a success and making it happen.
       This was a double milestone: Our 65th convention and the 75th anniversary of the founding of our section and our first convention.
       The leather industry is facing challenges and it is during these times that we all should work together to keep our industry growing. We rely on our tanneries for their support and attendance and hope that we can count on them going forward as we have the past years.

 

They Said It

"Everyone in South Africa wants a piece of a winner." - Soviet Group managing executive Caroline Hardman on the difficulty of fending off copiers.

 

Birthdays this week

05/06/1929: Hannes Louw, retired, formerly KKI, Mossel Bay.
05/06/1960: Tom Bassage, CC Leather, Pietermaritzburg.
05/06/1967: Vimla Naidoo, Edcon, Durban.
06/06/1943: Doug Patterson-Roberts, Marchez Shoe Salon, Shelley Beach.
06/06/1951: Yusuf Mayet, Come Duze Store, Sandton.
06/06/1963: José Leite, SA Polymers & Compounds, Gillitts.
07/06/1984: Clenton Govender, Prisaan Footwear, Pinetown.
08/06/1955: Brad Lemkus, retired, formerly Hi-Tec.
08/06/1958: Sandra Young, left the industry, formerly Archilles Engineering [closed]. Benoni.
09/06/1957: Willem Fourie, Images, Bloemfontein.
09/06/1964: Jayne Pillay, Edcon, Durban.
10/06/1951: Marthus Louw, Bolwear, Great Brak River.
10/06/1955: Piet Kleyn, acting CEO, SA Ostrich Business Chamber and chairman, KL Ltd board, Oudtshoorn.
10/06/1961: Richard Turner, emigrated, formerly Bolwear, Great Brak River.
10/06/1983: Jarod Grossberg, G-Step, Durban.
11/06/1948: Basie Vermaak, retired, formerly Watson Shoes, Great Brak River.
11/06/1961: Andy Raouna, left the industry, formerly Multiserv, Johannesburg.

 

In Memoriam this week

06/06/2001: Willem Elbers (b. 09/04/1941), East Cape Tanning/BASF.
06/06/2002: Willie Compion (b. 21/10/1929), G&D Shoes, Bulawayo.
06/06/2013: Willem Lubbe (b.25/01/1925), AP Lubbe & Son [closed], Stellenbosch.
09/06/2002: Howard ‘Snowy’ Vaubell, Crown Footwear, Pinetown.
09/06/2003: Dr Stanley Shuttleworth (b. 1911), LIRI founder, Grahamstown.

Do you have any names you’d like to add to our list of birthdays and In Memoriam? Please send the details.

 

ABSA Agri Trends 31/05: Hides & skins prices

The average bovine hide price over the past week was R14.62/kg green. Hide prices are determined by the average of RMAA and independent companies. The average price for Dorper skins was R40.50/skin and Merino was R87.95/skin.

Hide & skin price progression
Date Hides/Kg Dorper/Skin Merino Skin
19/01 15.34 45.56 81.38
24/01 15.17 40.92 89.52
31/01 15.10 46.00 94.55
14/02 14.65 47.33 95.29
15/03 14.25 39.30 78.75
24/03 14.13 45.27 94.45
28/03 14.07 45.27 94.45
04/04 14.83 41.92 87.58
11/04 14.68 41.92 84.12
19/04 14.77 43.85 92.32
25/04 14.75 41.25 92.27
04/05 14.79 43.33 92.69
10/05 14.75 40.50 88.41
16/05 14.58 40.83 90.96

 

Trade Fair dates

For a list of local and international trade fairs covering footwear, leather goods, leather and PPE, visit our website: http://www.svmag.co.za/events.php

  

Contact us

News & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za

Next newsletter: June 12, 2017.

Should you wish to subscribe email tony@svmag.co.za
Our website www.svmag.co.za

 

 

 

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