2016 S&V Newsletter No 01, January 11S&V Footwear and Leather Goods / S&V African Leather
Best wishes for the New Year to our readers. We had intended to start our newsletters next Monday, but we are fortunate to have received some comment on trading conditions in December from a number of experienced independent retailers around South Africa, Namibia and Malawi, which provide useful insights. Festive Season tradingWe asked the following retailers to comment on Festive Season trading in these terms: how December and January (so far) have compared with the previous year; what factors influenced trading in their own areas and nationally; what sold well and what didn't do as well; and how overall the season has influenced their outlook for the year. Peter Meinzer, proprietor, Thiel’s Shoes, WindhoekAgainst expectations, a very good Christmas, but caution for the year aheadNamibia experienced a more than exceptionally good retail trading period in all sectors from 2011 up to 2014. Sudden restrictions to the spending and stricter control measures to currency trading between the Angolan and Namibian governments led to an overall turnover drop in all sectors up to 30%.
Paul Coetsee, Member, Elegant Man, MatatieleDecember down on 2014, but there were bright spotsTo compare December 2014 with December 2015, I first need to explain something about our business. At the beginning of 2015, we had 3 branches.
Prashill Nagar, Amagents, NelspruitBetter planning and budgeting led to best December on recordWe had a good December, up on last year and one of our best on record. We did well on premium high ticket items (Bass Shoes, Puma Motorsport, Palladium Boots, Jeep Boots). Kiddies was also strong with Nike Air Max and Nike sandals performing best. We didn’t have much that didn't sell well.
Kris Karpinski, member, Shoe Stop/Orange, Cape Town‘Big Spend’ came very late, and basics were the keyHaving been in retail for almost 45 years (35 in footwear), one thing is certain – it just gets tougher.
Rafiq Hajat, Footwear Centre, Blantyre, MalawiFestive season could have been a lot worse given the overall situationIf I were asked how was business over the festive season in Malawi, I would answer that it was a mixed bag depending on what area of business one was in, but no one would dispute that it was disappointing – generally speaking.
Contact usNews & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za Next newsletter: January 18, 2016 |
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2016
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