S&V Footwear & Leather Goods Magazine Vol90 No8 August 2024
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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 frame
Midrand, 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 passion
Cape 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 tale
Rapid 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
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Footwear Industry Articles
- National Leather and General Goods Strategy WorkshopOn 23 June, following months of fieldwork, B&M Analysts (BMA) hosted an online workshop to discuss the recovery of the handbags, belts, travel goods and allied manufacturing industries in SA.The industries, although very diverse, fall under the General Goods & Handbags Sector of the National Bargaining Council of the Leather Indus ...moreManufacturer-buyer event: Among the retailer commentsKim Cunniffe, Kingsmead ShoesOur buyers found some suppliers they were unaware of, and a few possibilities in terms of product. We haven’t yet taken this forward, but we will do so.Hassen Ismail, Fashion WorldIt was more-or-less what you expect of local manufacturing in terms of styling, quality, and price.We have asked for samples. ...moreAn industry with distinctive material riches, unable to sufficiently convert them into finished goods in a world class way“The project’s purpose,” said Courtney Grant, “is to be a robust, evidence-based strategy to address the leather and general goods sector’s challenges and unlock its growth potential.”The main headings of her presentation were:Creating the groundwork for a National Leather and General Goods Strategy:Fro ...more
Leather Industry Articles
- ‘FMD is here to stay – we have to learn to live with it and manage it’
Pretoria, Gauteng, SA – FMD is no longer a series of isolated outbreaks; it has become a national systemic risk, and we need to shift our mindset from emergency response to living with and managing FMD responsibly. The pressure is already showing in the numbers. Our latest figures show cattle slaughter down 12% and sheep slaughter d ...moreSam Setter's 'Pills': You have to be very clever to understand this document, but hopefully it will do some goodIn June, UNIDO launched an impressive document called “Guideline”. It is a very detailed, environment oriented, technical and scientific document where the Life Cycle Assessment (LCA) and Corporate Carbon Footprint (CCP) play a prominent role. The document, peer reviewed, has been developed for UNIDO with the main contributor ...more
PPE Industry Articles
- RealPPE Marketplace: Where safety meets smarter procurement
RealPPE Marketplace is a 100% black women-owned B2B PPE marketplace built for South African industry. Founded after years of witnessing safety officers and procurement teams lose time to fragmented suppliers, inconsistent pricing, and missing documentation, RealPPE was created to bring structure and reliability to industrial PPE sourcing. ...moreRealPPE Marketplace: Where safety meets smarter procurementRealPPE Marketplace is a 100% black women-owned B2B PPE marketplace built for South African industry. Founded after years of witnessing safety officers and procurement teams lose time to fragmented suppliers, inconsistent pricing, and missing documentation, RealPPE was created to bring structure and reliability to industrial PPE sourcing. ...moreChina-made firefighting equipment now needs verification of conformity with SANS standardsPretoria, Gauteng, SA – Firefighting equipment is among the 25 product categories published on 01 April by the Department of Trade, Industry and Competition for a mandatory Pre-Export Verification of Conformity (PVoC) Programme.The system will require certain goods shipped from China to be tested and certified before they enter the ...more
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