S&V Weekly Newsletter Vol.3 No.19, May 15, 2017
This Newsletter is sponsored by SAFLIA
Please note: Click on any ad to go to the advertiser’s website
Über Gruvi ‘was deep in debt’
Cape Town (SA) – Manufacturer Über Gruvi went into voluntary liquidation on April 4 with liabilities of over R12 million and assets of R3.3 million, according to the statement of affairs prepared by Jochen Eckhoff of liquidator Summit Trust.
Fitwell acquires Saxon
Benoni (SA) – Fitwell’s Image acquired fellow men’s outfitter Saxon Men’s Centre in Springs in November, and has rebranded it Fitwell’s. Director Ralph Rimer said the 2 businesses had been very similar. He said he had no plans to expand further.
Durban (SA) – Former Milady’s footwear buyer Tania Deyzel has joined Retailability as women’s footwear buyer for its Legit and Style chains.
Port Elizabeth (SA) – Benedict Plaatjies is to join African Hide Trading on June 1. He leaves Richard Kane & Co in Cape Town.
Johannesburg (SA) – Former Industrial Development Corporation (IDC) CTCP programme manager Joy Balepile was promoted to head of the IDC’s automotive & transport equipment division. He has been replaced by Lucky Tetsa from May 1.
Wednesday, May 24-Thursday, May 25: Source Africa, Cape Town International Convention Centre. – [email@example.com]
They Said It
"I'm recovering quite well and feeling quite spritely. This has prompted me to dive once more into the thankless task of renewing my critical commentary on local economic and political issues, as well as lending a supportive hand to my Dad in the business. Once more unto the breach....And all that jazz!" - Rafiq Hajat, Footwear Centre Ltd, Malawi, on his recovery from illness.
Birthdays this week
15/05/1974: Brett Isaacs, BMI Agencies, Johannesburg.
In Memoriam this week
15/05/2010: Louis Conradie (b. 26/06/1935), Conloo Joinery, Welkom.
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 10/05: Hides & skins prices
The average bovine hide price over the past week was R14.75/kg green. Hide prices are determined by the average of RMAA and independent companies. The average price for Dorper skins was R40.50/skin and Merino was R88.41/skin.
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, firstname.lastname@example.org
Next newsletter: May 22, 2017.