Footwear Industry Articles
- 2021 Forecast - Neucoat: Locally made synthetic for school shoes to launch in JanuaryPinetown, KZN, SA - In correspondence with Hans Beier, Chairman Emeritus of the Beier Group (Pty) Ltd over plans to resurrect local manufacturing of synthetic upper materials for footwear, he wrote: "Yes, we have developed a 1.8mm PU school shoe upper material which is presently undergoing field trials and laboratory approvals agains ...more2021 Forecast - Azula Collective: Looking forward to a great yearDurban, KZN, SA - Next year is going to be amazing. Our wholesale clients have doubled and we have successfully launched our e-commerce store and our well received in-house range. We have a growing database of customers for the brand, Nēo, and number of repeat orders. There are boutiques country wide interested in s ...more2021 Forecast - Dick Whittington: Expecting a decline in tender work, so fashion must growPietermaritzburg, KZN, SA - Dicks has two distinct revenue streams, the first being through our commercial business generated through sales from its several brands. The bulk of these sales are usually focussed in the second half of the year. Although men’s formal footwear is predicted to decline as more consumers work from home, we ...moreSneakernomics - U.S. athletic footwear & apparel Q3 resultsSports retail under COVID-19 has been a roller coaster, and the Q3 (July-September 2020) results continue to show this bumpy trend. Athletic footwear sales in July were down in the high single-digits, then declined in the high teens in August (one of the market’s most important months of the year), and in September grew in the mid-t ...moreAllfashion Sourcing: 'Covid has forced us to be resourceful'Cape Town, W. Cape, SA - On behalf of the Messe Frankfurt South African team, we would like to thank our exhibitors, sponsors, partners and attendees for their participation at the virtual edition of allfashion sourcing, a digital business oriented marketplace for the textile and fashion industry. “C ...more2021 Forecast for the South African Footwear & Leather Goods IndustryAt the end of 2020 we asked various businesses operating within the footwear and leather goods industry for their 2021 forecast for the sector. ...moreDespite everything, suppliers hope Edcon will survive
Edcon, once the biggest fashion retailer in SA, went into business rescue at the end of April. CEO Grant Pattison, in charge for the past 2 years, blamed the lockdown as the final straw in the long slide which began in 2007 when it was acquired by US private equity firm Bain Capital for a - with hindsight - unsustainable R25 billion and d ...moreBusiness recovery and cost reduction in a post Covid-19 lockdown economy
Most companies' disaster recovery plans didn't make provision for a virus-inspired national lockdown. Many companies, across all industries, have a business continuity plan of some sort, but this time they got punched in the face and caught with their pants down. Protection of profits and defending the bottom line is now more imperative t ...moreQ&A: Stocks, the exchange rate and future orders
Dangee Carken: Perhaps this will be the catalyst for changeRobby Stoller, MD. Johannesburg, Gauteng, SA- Retailing is restricted to winter footwear. Do you have stock which you believe would qualify?Of course we qualify. We have brought in boots and closed footwear for the winter season. Most of our stock has been delivered to the trade a ...moreComment: The idiocy of Level 4 and 'winter footwear'As of Monday, there has been no further clarification of what constitutes 'winter footwear' in terms of lockdown regulations. Last week saw a flurry of communication between the various associations and organisations in the leather value chain seeking to define categories of footwear which will be acceptable to the National Coronavirus Co ...more© S&V Publications
