Publisher of leading trade magazines for the Footwear, Leather-goods, Leather & PPE industries

S&V Footwear & Leather Goods Magazine Vol90 No8 August 2024

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https://lemaitre.co.za/product/osprey-hiker

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 ...more
  • SAFLEC 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.     ...more
  • An 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, ...more
  • Drip 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 ...more
  • Mr 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 ...more
  • Alternative to master plan is not anarchy
    Note: This article is about the Department of Trade, Industry & Competition’s master plans as a concept, not about the R-CTFL Master Plan specifically. ...more
  • Huntsman 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 ...more
  • Vans 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 ...more
  • Rip Curl, Kathmandu owner KMD Brands preliminary result: Second half improvement
    Christchurch, 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

  • Tshepo opens new store at Mall of Africa
    Johannesburg, Gauteng, SA (02 June 2026) — South African fashion brand Tshepo has opened its second store at Mall of Africa.Tshepo, founded by Tshepo Mohlala in Victoria Yards 10 years ago, specialises in locally made denim jeans.“Victoria Yards remains central to Tshepo's identity, serving as the bran ...more
  • Grey Street – memories of an 80s GenX cool dude
    Jonathan Commons, our webmaster, grew up in the Durban of the 1980s. He has a great affection for the Grey Street outfitters of the era, and he wrote these recollections.Oddly enough the news item about the closure of Jay's Outfitters triggered a bit of nostalgia for the good old days when, as a teenager in the 80s, one could hitchhike do ...more
  • Wayne's Phambili range: Practical boots from non-safety to full protection
    Roodepoort, 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 ...more
MORE ARTICLES

Leather Industry Articles

  • The leather value chain offers opportunities for all SADC countries
    The Southern African Regional Leather Network (SARLEN) and the SADC Leather Forum present a great opportunity for the development of the leather value chains (LVCs) in all or most SADC states, whose LVCs are at different stages of development.in Zimbabwe we already have a well-structured LVC coordinated by an apex body, the Zimbabwe Leath ...more
  • OBLIQUITY
    Shareholder value is usually the result of running a good business, not a reliable operational principle for running one ...more
  • Luxury or not
    We 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
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PPE Industry Articles

MORE ARTICLES
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