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
- Ken Riches: Reflections on an extraordinary life: Those who can, do – those who can do it even better, teach
It’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 2026
Durban, 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 ...moreNew generation nonwoven components lead the way towards biodegradable shoes
Compostable and biodegradable footwear is becoming a reality.The nova-Institut für politische und ökologische Innovation GmbH in Hürth, Germany, has published an updated version of its poster, 'Biodegradable Polymers in Various Environments', and project manager Kristijan Mršić told Shoes & Views that several of ...more
Leather Industry Articles
- Luxury 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 ...moreSADC Leather Forum unites 16 member states to strengthen the regional leather industry
The Southern African Development Community’s Regional Leather Forum met in Durban, South Africa, in August. Nerisha Jairaj and Jacob Nyathi explain different aspects. ...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
- 2nd SA PPE conference being planned for 2027 under the heading ‘Smart protection: the next era of PPE’Johannesburg, Gauteng, SA – Technology, artificial intelligence, connected devices and data are transforming the way we think about personal protection equipment — from how PPE is procured and selected, to how it is used, monitored and managed in the workplace.After the successful launch of the South African PPE conference hel ...moreObituary: Colin Battle, agent (17/04/1957-27/07/2026): Our sales trips were a whole life experience
Dearest 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 ...moreIndoor air quality monitoring: protecting people, processes, and productivity in South Africa
Indoor air quality (IAQ) is becoming an increasingly important topic across South Africa as industries place greater focus on occupational safety, environmental controls, and operational reliability. While air quality concerns were once mainly associated with mining, heavy industry, or healthcare environments, businesses across multiple s ...more
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