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S&V Weekly Newsletter Vol.4 No.16, April 23, 2018

This Newsletter is sponsored by SAFLIA

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

 

Chic Shoes: IDC 'in the process of finding buyer'

Johannesburg (SA) – The Industrial Development Corporation (IDC) "is in the process of finding a buyer" for Cape Town factory Chic Shoes, according to the executive for corporate affairs, Zama Luthuli. She said some interested parties had visited the factory. "Should a buyer for the factory in its current location not be secured, the option would be to sell the equipment to support expansion of another factory."
       She said the IDC had invested R70 million in Chic between 2009 and December last year.
       Her full response will be carried in S&V Footwear and Leather Goods shortly.

 

 

100 000 pair auction: 'About half' sold

Cape Town (SA) – Wholesaler LE Huang Trading cc "sold about half" of the 100 000 pairs the company put on auction via Bidway Auction House on Saturday, according to LE Huang manager Carmenita Davids. She said it was the first time the company had tried the auction route to move old stock.

 

Travel goods retailer closes

Durbanville (SA) – Travel goods retailer Corrie Bothma closed her Ancuri store in Tygervalley in December. Explaining her decision, she said she was "just not into retail anymore".

 

 

SLTC Countdown - 5 weeks to go

Headline paper: Columnist Sam Setter will talk about introducing features into the tanneries like raw material traceability and process automation with the objective to have sustainable, traceable and consistent leather.

Malome fills sponsorship gap: Malome Leather Technologies will sponsor the Friday evening cocktail party.

When: May 18-20.
Where: Villa Paradiso in the Hartbeespoort Dam area.
The speakers are:
- Dr Geoff Tomlinson, R&D Manager, UCL Company. Topic: Vegetable tanning - art or science?.
- Dr Jay Irkhede, director: leather & footwear at the DTI. Topic: Industry status, policy and programmes.
- Ivan Peloso, Alpe. Topic: TBC
- Dr Clive Jackson-Moss, director, International School of Tanning Technology. Topic: Student answers to all your technical questions.
- James Daniel, Stahl. Topic: TBC.
- 'Sam Setter', the World Leather columnist. Topic: TBC.
- Quintin Marais, Rolfes. Topic: TBC.
- Matteo Cabrini, Thema Systems. Topic: TBC.

 

 

They Said It

"Surfers have their own lingo." - RR Chemicals' Beau Rynhoud, a surfer in earlier days, who appreciated the piece on Stokies in last week's newsletter.

 

 

Exchange rates

Source: http://www.x-rates.com/calculator/

 
  Euro € GBP £ US $ Yuan Renminbi ¥
11/12/2017 R15.82 R17.99 R13.40 R2.03
05/01/2018 R14.86 R16.69 R12.33 R1.90
13/01/2018 R15.14 R17.03 R12.41 R1.92
22/01/2018 R14.76 R16.75 R12.08 R1.88
26/01/2018 R14.74 R16.79 R11.86 R1.87
05/02/2018 R14.96 R16.89 R12.02 R1.91
12/02/2018 R14.64 R16.51 R11.95 R1.88
16/02/2018 R14.43 R16.30 R11.63 R1.83
23/02/2018 R14.19 R16.12 R11.54 R1.82
05/03/2018 R14.60 R16.39 R11.85 R1.86
12/03/2018 R14.58 R16.43 R11.82 R1.86
16/03/2018 R14.72 R16.70 R11.97 R1.89
23/03/2018 R14.53 R16.60 R11.75 R1.86
03/03/2018 R14.58 R16.62 R11.83 R1.88
11/04/2018 R14.75 R16.91 R11.93 R1.90
16/04/2018 R14.89 R17.23 R12.04 R1.91
23/04/2018 R14.99 R17.11 R12.27 R1.94

 

 

 

 

Birthdays this week

23/04/1951: Jerry Pillay, Triple S Footwear, Durban.
25/04/1961: Marcelle Kurth, emigrated, formerly Corbeau, Cape Town.
25/04/1963: Neil Barnes, Millbrook Trading, Durban.
25/04/1971: Clinton Cloete, BBF Footwear, Port Elizabeth.
25/04/1955: Maryrose Lesalaisa, Cee Dee Footwear, Johannesburg.
26/04/1943: Juan Lichnovsky, retired, formerly Futura Footwear, Pinetown.
26/04/1953: Rodney Hill, left the industry, formerly Prime Leathers, Pinetown.
26/04/1964: Desmond Swartz, DS Agencies, Johannesburg.
26/04/1965: Faizel Jeewa, Traford Footwear, Durban.
26/04/1982: Keaton Quarmby, Falke Eurosocks, Cape Town.
27/04/1944: Kelly Smith, agent.
27/04/1964: Francois Strydom, Bolton Footwear, Great Brak River.
27/04/1968: Wyatt Brodie, left the industry, formerly Polo SA, Johannesburg.
28/04/1949: Malcolm Novos, Economic Shoes, Paarl.
28/04/1972: Serge Glowiczower, Lion’s Gate, Johannesburg.
29/04/1951: Elizabeth Loubser, retired, formerly Bolton Group, Great Brak River.
29/04/1980: Mark Fraser, Claw Boots International, Johannesburg.

 

In Memoriam this week

23/04/2012: Chris van der Merwe (b.05/04/1945), Oasis Tanning, Krugersdorp.
26/04/2005: Bryan Dean (b. 09/01/1939), Amber Footwear [closed], Pietermaritzburg.
26/04/2012: Roy Eckstein (b. 22/10/1941), Reebok, Springfield, and Jaguar [closed], Durban.

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 23/04: Hides & skins prices

The average hide price over the past week was R8.40/kg green. NB* Hide prices are determined by the average of the RMAA (Red Meat Abattoir Association) and independent companies. The average price for Dorper skins was R35.13, and for Merino skins was R86.00.

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
31/05 14.62 40.50 87.95
09/06 14.58 41.82 96.35
23/06 14.40 40.42 101.25
29/06 14.30 41.36 98.44
07/07 14.33 43.33 100.94
13/07 14.37 44.44 114.58
28/07 14.14 43.64 97.50
04/08 14.16 43.69 99.64
14/08 14.08 38.99 92.75
18/08 13.70 43.18 98.96
25/08 13.93 43.75 100.96
01/09 13.14 44.09 101.25
08/09 12.88 41.82 100.83
21/09 12.64    
03/10 12.50    
11/10 12.52    
20/10 12.23 39.30 110.23
27/10 12.12 37.30 94.32
02/11 12.19    
10/11 12.24 37.00 101.75
30/11 11.82 32.56 94.25
07/12 11.76 35.50 92.50
14/12 11.53 35.50 91.86
02/02 10.39 32.50 92.22
09/02 10.17 33.13 91.27
16/02 9.94 32.50 88.26
16/02 9.94 32.50 88.26
16/03 9.62 33.75 90.50
23/03 9.56 32.22 87.63
06/04 8.86 36.67 82.50
13/04 8.98 35.00 81.25

 

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

  


Classified Adverts

Looking for Sales/Marketing post

From Tim Starke, former National Sales Manager at Green Cross Manufacturing:
I aspire to work with a well-respected organisation in a team environment where I can make a difference using my proven sales and marketing abilities to advance the operational standards, service delivery and business objectives.
My 13-year track record and experience in the competitive footwear and apparel industry would prove an immense asset to the organisation.
While at Green Cross I was responsible for growing sales revenue within the wholesale division, executing the sales strategy in South Africa and existing markets, and developing new markets and customer distribution partnerships.
I am looking forward to new opportunities where I can utilise my sales and marketing related strengths and expertise. I can be reached on +27 (0)84 643 8075 | timstarke84@gmail.com |




  

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Next newsletter: April 30, 2018.

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