Publisher of leading trade magazines for the Footwear, Leather-goods, Leather & PPE industries

Mr Price - results of AGM

Published: 2nd Sep 2019

Durban, KZN, SA (August 29, 2019) – Shareholders are advised that at the Mr Price Group Annual General Meeting ("AGM") held yesterday, Wednesday, 28 August 2019, all the ordinary and special resolutions as set out in the notice of AGM dated 11 June 2019 were passed by the requisite majority of votes of shareholders present in person or represented by proxy.
The Group strives to apply its remuneration philosophy of "partnership" consistently and appropriately and will continue its efforts to engage with shareholders to understand more fully the concerns around the remuneration policy and implementation thereof. Accordingly, shareholders are invited to advise the Group of their reasons for their dissenting votes on the remuneration policy and/or the implementation thereof, and whether they wish to engage with the Group on these issues. Correspondence in this regard should be addressed by email to the Head of Investor Relations, Matthew Warriner (mwarriner@mrpg.com), by 30 September 2019. Thereafter the date and time of requested engagements will be scheduled with shareholders individually.

Footwear Industry Articles

Temu and Shein: Their marketing is overwhelming
The only equitable and workable solution is via duties.“I saw my wife’s Shein invoice in November. For a mixed parcel, it included 20% duty,” he said. “So the duty our business pays for imported clothing, which is 50% to 60% of our buy, must either be dropped to 20%, or the duty Shein and Temu pay must be increased ...more
Jumbo: I’m sure we’re affected, but it’s not huge
East London, E. Cape, SA – They affect every business, I’m sure, though I don’t know how much. I certainly don’t know how much they affect mine, but it’s not massively.The way to counteract them is to improve customer service – after all, we’re on the ground. I suppose also improve our buying.&nbs ...more
The future of workers in India’s footwear and apparel factories is uncertain, as growing competition from Shein’s re-entry into India with lower-priced merchandise intensifies
07 January 2025 – Shein, the Chinese fast-fashion brand, is re-entering the Indian market through a partnership with Reliance’s Ajio platform, as reported by media outlets. The brand had been banned in 2020, alongside other Chinese apps, due to geopolitical tensions. Known for its affordable and trendy fashion delivered at rap ...more

Leather Industry Articles

Leather & Hide Council of America backs Congressional Slow Fashion Caucus
Stay Slow. Stay Real. Enjoy the Journey.03 December 2024 – The Leather and Hide Council of America (LHCA) has pledged its support to the Congressional Slow Fashion Caucus. The caucus, founded by district of Maine congresswoman Chellie Pingree, Washington district’s Marie Gluesenkamp Perez and California's Sydney Kamlager-Dove ...more
Transforming the leather sector in Ethiopia
A new leather processing programme, 42 new enterprises, 22 women's saving groups, and 2,876 young people with enhanced business development capacities—these are just some of the achievements within The Leather Initiative for Sustainable Employment Creation (LISEC).The three-and-a-half-year Leather Initiative for Sustainable Employme ...more
Studies in leather education
The loss of much tradition-based training - such as the recent closure of ICLT – is a matter of concern, and can have serious effects that extend across the global leather sector. Nevertheless, there are two existing and updated studies available to help address these eventualities and minimise the impact of such closures.The first ...more

PPE Industry Articles

Artificial intelligence for Clinical Pathology: Data-efficient foundation model for biomarker detection
Bremen, Germany (02 September 2024) – The use of Artificial Intelligence (AI) systems shows promise in medicine, where they can be used to detect diseases earlier, improve treatments, and ease staff workloads. But their performance depends on how well the AI is trained. A new multi-task approach to training AI makes it possible to t ...more
Mitigate risks and enhance efficiency - the ISO accreditation advantage
Durban, KZN, SA (11 September 2024) – ISO accreditation is a strategic investment that empowers businesses to enhance their competitiveness, mitigate risks, and seize new market opportunities. By adhering to globally recognised standards, organisations can build trust, streamline operations, and achieve sustainable growth. While the ...more
Standard socks could shock: The hidden danger in anti-static work environments
Pinetown, KZN, SA – In any environment where the build-up of static electricity has been determined to be a risk, anti-static footwear must be worn. Anti-static footwear is designed to help dissipate the accumulation of static electricity from the body while still providing a reasonable level of resistance to electrical hazards from ...more