S&V Weekly Newsletter Vol.3 No.7, February 20, 2017
This Newsletter is sponsored by SAFLIA
Apologies for the lateness of this Newsletter. We are in the final stages of producing the Directory.
Please note: Click on any ad to go to the advertiser’s website
Chinese component price hikes: ‘More to come’
Prices of ‘run-of-the-mill’ synthetic upper materials out of China rose by around 3% in December and a further 4% this month, according to A Greenaways (Natal) member Garth Ribbink. He said more expensive materials had risen more. He said Chinese suppliers had warned of more increases ahead.
Edcon 3rd quarter sales 2% down on previous year
Johannesburg (SA) – Edcon’s 3rd quarter sales, including most of December, were down 2% on the previous year, CEO and MD Bernie Brookes told suppliers this week.
S&V Directory imminent
The annual S&V Leather, Footwear and Leather Goods Directory will be out very shortly. Anyone wanting copies is asked to URGENTLY email their requirements. The unit price is R450, but discounts for multiple copies will be offered.
Have you pre-registered yet to attend the India Leather & Footwear Trade Expo in Cape Town in March?
Cape Town (SA) – The Council for Leather Exports (CLE), an initiative of the Ministry of Commerce & Industry, Government of India, invites all chains and independent store buyers, importers, distributors, agents and other important industry decision makers to attend their top class event featuring 45 reputable manufacturers from India. The trade expo will take place on 8 & 9 March at the CTICC in Cape Town. The exhibitors will be showcasing their latest ranges exclusively to the Southern African industry including –
Micam: Attendance up 5%
Milan (Italy) – The 83rd edition of Micam closed last week with attendance up 5% at 44,610, according to a release.
They Said It
"Thank you for putting my birthday this week in your Shoes & Views. Maybe I’ll get lots of presents now. Had a thought the other day, the more birthdays you have the longer you live!!" - Ian McDonald, retired former owner of Specialty Threads.
Interventions and progress made by DAFF on drought
From Makenosi Maroo, Chief Director: Stakeholder Relations and Communications
Birthdays this week
20/02/1959: Rashmi Kooverjee, Babu’s, Cape Town.
In Memoriam this week
20/02/2004: Barry Dowson (b. 1938), Barry Dowson Components [closed], Greytown.
Do you have any names you’d like to add to our list of birthdays and In Memoriam? Please send the details.
ABSA Agri Trends 31/01: Hides & skins prices
The average bovine hide price over the past week was R14.65/kg green. Hide prices are determined by the average of RMAA and independent companies. “The recent strength of the currency and pressure from the demand side has been adding pressure on prices. There may also be stocks still sitting from December, which further add pressure on prices.”
Trade Fair dates
For a list of local and international trade fairs covering footwear, leather goods, leather and PPE, visit our website: http://www.svmag.co.za/events.php
News & Classifieds: Tony Dickson, +27 (0)31 209 7505, email@example.com
Next newsletter: February 27, 2017.