S&V Footwear & Leather Goods Magazine Vol90 No8 August 2024
Click the advert links for more info. • Download PDF





IN THIS ISSUE:
03 Upfront
- Mr Price Sport: ‘Brands small – but important – part of our business’, says MD Anthony Findlay.
- Plastics manufacturer Igus and e-bike manufacturer Advanced Bikes develop first recyclable plastic bicycle frame.
- Arena Trims moves.
05 Export & Trade
- SAFLEC AGM: Trade with SACU down, trade with non-African world up, leather the star performer, finances a concern – a mixed year, but ‘expect the recovery after the storm’.
08 Profile
- Cape Town’s extended Gottardo clan: Multiple businesses and a shared passion for leather, from bags to furniture.
14 Government’s Master Plans
- Alternative to master plans isn’t anarchy, says Dr Morné Malan of the Free Market Foundation.
14 Headlines with Tinashe Mandirahwe
- Drip Footwear’s financial crisis – a cautionary tale.
20 Technology
- Huntsman to launch new footwear soling for running, hiking and safety.
20 Financial Results
- Vans is still in freefall, ‘but VF Corporation’s rate of decline has moderated’.
- Second half improvement for Rip Curl and Kathmandu owner KMD Brands.
Advertisers in this Issue
BBF Safety Group (OFC), Freestyle Genuine Handcrafted Leather (02), FrontierCo/Busby (06), Haesloop Agencies (10), Kaytex Belts (12), Leather Finishing Products (16), Saddler Belts (04), SAFLEC (07), S&V Calendar (01), S&V Directory (21), Shotland Packing (14).
The Next Issue:
- Out on 18 September 2024.
- Plastics manufacturer develops first recyclable plastic bicycle frameMidrand, Gauteng, SA (31 July 2024) – Industrial polymer developer and manufacturer, igus, has developed the first injection-moulded polymer bicycle frame designed for advanced bikes, a milestone in sustainable mobility. igus collaborated with German e-bike manufacturer Advanced Bikes to create a bicycle frame made entirely of recyc ...moreSAFLEC AGM – ‘recovery after the storm’Sponsored by the SA Footwear & Leather Export Council (SAFLEC). Durban, KZN, SA – This year’s SA Footwear & Leather Export Council (SAFLEC) AGM – the 22nd – was a much smaller occasion than in previous years, an acknowledgement of a reduced budget. It was, however, quite upbeat. ...moreAn extended family with multiple businesses, and a shared passionCape Town, W. Cape, SA – It’s a complicated leather dynasty covering 2 generations and 6 family members (so far), mixed heritages, and 4 varied businesses which have 2 things in common – they use leather, and they rely on design creativity to produce saleable products.Tiziano Gottardo and his son from his third marriage, ...moreDrip Footwear’s financial crisis - a cautionary taleRapid Expansion BackfiresDrip Footwear, a once-promising South African sneaker brand, is facing a severe financial crisis that has sparked intense scrutiny and debate. The company’s rapid expansion into shopping malls has backfired spectacularly, leaving it with a R20 million debt, a foreign exchange blunder, and the looming threat ...moreMr Price Sport: ‘Brands small – but important – part of our business’Durban, KZN, SA – Mr Price Sport will continue to look for opportunities to carry branded products, MD Anthony Findlay says.“Brands make up 10% to 15% of our merchandise, which may be small, but it’s an important part of the selection.”Through a collab with the SA distributor of U.S. brand Everlast, which is associ ...moreAlternative to master plan is not anarchyNote: This article is about the Department of Trade, Industry & Competition’s master plans as a concept, not about the R-CTFL Master Plan specifically. ...moreHuntsman to launch new footwear soling for running, hiking and safety.The Woodlands, Texas, U.S. – Huntsman’s Polyurethanes business will launch a ‘gripping’ new soling development for the footwear industry at the NW Materials Show at the end of August.The new portfolio of high performing thermoplastic polyurethane (TPU) products is aimed at footwear brands producing running, hiking ...moreVans still in freefall, ‘but VF rate of decline moderated’VF Corporation reports first quarter fiscal 2025 results and reiterates FY25 free cash flow guidanceDenver, U.S. (06 August 2024) - VF Corporation today reported financial results for its first quarter (Q1'FY25) ended June 29, 2024, announcing a quarterly per share dividend of $0.09.Bracken Darrell, President and CEO, said: "As I com ...moreRip Curl, Kathmandu owner KMD Brands preliminary result: Second half improvementChristchurch, New Zealand (20 August 2024) – KMD Brands Limited provides the following unaudited preliminary results for the year ending 31 July 2024 (“FY24”): Rip Curl and Kathmandu sales have shown continued improvement on first half sales trends during both the third and fourth quarters of FY24, as outlined below. ...more
Footwear Industry Articles
- NCRF: ‘A very complicated stew’Cape Town, W. Cape, SA – The NCRF has 10 members with very different approaches to all sorts of things, so a forecast is difficult.We’re keeping an eye on factors including reduced interest rates, the two-pot retirement system, and political outcomes, and there is a degree of optimism, but I’m not willing to attach any f ...moreAMSA: ‘Perturbing trend’ in importsDurban, KZN, SA – As the economy still seems to be precariously poised due to various exogenous variables, I remain very cautious about looking into the future.The formal sector of the economy has not fared well in terms of employment as measured by Clothing Industry Bargaining Council figures (see attached chart).It appears that th ...moreThe Road Ahead: A forecast for South Africa’s footwear and leather goods industriesDurban, KZN, SA – The South African footwear and leather goods industries are navigating a challenging yet potentially transformative period. Shaped by a mix of longstanding hurdles and emerging opportunities, their future remains uncertain as the global market continues to shift rapidly in the wake of COVID-19. While difficulties p ...more
Leather Industry Articles
- A cost-effective method of reducing loose grain damage during the bating processIntroductionEnzymatic bating is an important part of the leather making process. Bating enzymes help remove unwanted skin components from the hide structure, as well as any scud present on the grain layer. Good bating leads to clean, soft leather. Under bating results in poor removal of unwanted skin components, and a firmer crust leather ...moreUpdate on FMD in SA: 4 provinces declared free from foot and mouth disease outbreaksPretoria, Gauteng, SA (25 October 2024) – The Department of Agriculture has announced that the Foot and Mouth Disease (FMD) outbreak, which occurred during 2021-2022, has been successfully resolved in the North West, Free State, Gauteng, and Mpumalanga Provinces. These provinces, which were initially impacted by the outbreak, have n ...moreAgency company changesCape Town, W. Cape, SA – Gert Bosch and Arné Husselman left TST Agencies earlier this year.Bosch started Bosch Technical Services (Pty) Ltd (BTS), which began trading on 01 March, servicing the tanning industry. He represents a number of principals including some formerly represented by TST.Husselman has left the industry and ...more
PPE Industry Articles
- How dangerous is Radon?Radon is estimated to cause 3% to 14% percent of all lung cancer cases in the world, depending on where you live and how much radon you are exposed to.Radon is a naturally occurring, invisible and odourless gas that enters homes and workplaces unnoticed. It can pose a serious health risk at elevated levels for a prolonged period. But what ...moreStandard socks could shock: The hidden danger in anti-static work environmentsPinetown, 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 ...moreFostering safety through commitment by empowering workforce development and lifelong dedicationJohannesburg, Gauteng, SA (24 October 2024) – Workplace safety is not merely a regulatory requirement; it is a fundamental aspect of organisational health and success. At its core lies commitment—a steadfast dedication to safeguarding the well-being of employees. When commitment permeates an organisation, it creates a culture ...more
© S&V Publications