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
- A perspective: Perhaps it was an eye-opener for industry players to hear each otherLooking back over the workshop, BMA consultant Justin Snelling wrote: “In terms of our reflections of the workshop, we covered a lot of territory. Perhaps though what was most encouraging was the breadth of participation from different segments of the sector and their willingness, or even excitement, to contribute. We don’t ta ...moreHistorical highlights: How Rockshoes became Trailmix Trading
Rockshoes was one of the many successful footwear factories in Pinetown in the 1960s through to the early 2000s. Its successor, Trailmix Trading, has repeated that success, as an importer and wholesaler. Here’s how it unfolded. ...moreSAFLEC AGM 2026: A year marked by resilience
On behalf of the Board of Directors, it is my pleasure to welcome all our members and stakeholders to the 24th Annual General Meeting of the South African Leather & Footwear Export Council (SAFLEC).The Annual General Meeting provides us with an opportunity not only to reflect on the performance of the Council over the past financial y ...more
Leather Industry Articles
- OBLIQUITY
Shareholder value is usually the result of running a good business, not a reliable operational principle for running one ...moreBeyond the data trap: Why better decisions matter more than just more data
On 1st July 2026 I presented at the FILK Leather Days conference and asked the delegates to consider “Sustainability through a new lens: resetting how we view impacts in the leather value chain”. This month’s article therefore explores this idea a little more with a focus on how we view data and whether it can blind us t ...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 ...more
PPE Industry Articles
- Occupational noise-induced hearing loss ‘is the most prevalent occupational disease in the world’
Occupational noise-induced hearing loss (ONIHL) is the most prevalent occupational disease in the world*. 16% of all disabling hearing loss in adults is due to noise exposure.It’s also expensive. According to one study, it costs US$242 million in annual compensation in the USA. In the UK, the typical cost per claim in the is £ ...more2nd 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 ...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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