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 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
- PRICE:TBAPRICE:TBAPRICE:TBA
Footwear Industry Articles
- Wayne's Phambili range: Practical boots from non-safety to full protectionRoodepoort, Gauteng, SA – Wayne's Phambili range combines everyday comfort, dependable durability and clearly defined levels of protection in a practical range of PVC work boots. Developed for demanding working environments, the 3-boot lineup makes it easy to choose the protection best suited to the job while delivering the comfort ...moreKen Riches: Reflections on an extraordinary life: Those who can, do – those who can do it even better, teachIt’s been 18 years this month since Ken Riches died. Here is a glimpse into what lay under that fairly protective exterior.Ken Riches, one of our country’s true footwear experts, passed peacefully on to that final production line in the sky on 11 August 2008. He had lived through the rapidly changing times from just after the ...moreComrades Expo 2026Durban, KZN, SA – The exhibitor list at the Comrades Expo, from 11-13 June, has shown an evolution in the types of companies exhibiting. Just 1 running footwear supplier, Ikhambi Distribution, promoting its Hoka brand, was there.Technical sock suppliers, however, were well represented, with Balega, Falke, Sox Footwear and The Hirst ...more
Leather Industry Articles
- SADC Leather Forum unites 16 member states to strengthen the regional leather industryThe Southern African Development Community’s Regional Leather Forum met in Durban, South Africa, in August. Nerisha Jairaj and Jacob Nyathi explain different aspects. ...more‘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 ...moreLuxury or notWe hear from all sides that the leather industry is not doing too well and the conflict in the Middle East is definitely not improving the situation. The present wars have a huge impact on inflation and hence on the buying power of consumers with negative consequences for the luxury industry whose shares we have seen tumbling at the vario ...more
PPE Industry Articles
- Performance testing: Building credibility in the modern apparel and footwear marketThe lines between protective wear, sportswear, outdoor apparel, wellness clothing and everyday fashion continue to blur. Consumers increasingly expect garments and footwear to deliver more than style alone. Whether purchasing workwear, running apparel, outdoor footwear, school shoes or everyday casual products, buyers now look for comfort ...moreObituary: Colin Battle, agent (17/04/1957-27/07/2026): Our sales trips were a whole life experienceDearest Lee, Greg & Sammy,I send my sincerest condolences & wishes of long and healthy lives to all of you, after the passing of your beloved Colin. I’ve no doubt that once the pain of losing an adored husband and father starts to subside, you will be left the glorious memories of your lives together with a most wonderful an ...moreNew OHS regulations coming into force later this year mean PPE needs to be reviewed, tooIn March 2025, the Physical Agents Regulations (and their guidelines) and the Noise Exposure Regulations (and their guidelines) of the OHSAct were published, with an 18-month time-period promulgation date to September 2026, allowing employers time to upgrade their Health & Safety requirements to comply with the new published regulatio ...more
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