S&V Weekly Newsletter Vol.4 No.25, June 25, 2018
This Newsletter is sponsored by SAFLIA
Please note: Click on any ad to go to the advertiser’s website
Slotsky buys back Fila, Levi's, from Bounty Brands
Johannesburg (SA) – Former Footwear Trading director Laurence Slotsky has bought back the Fila and Levi's brands from Bounty Brands, and will officially open his new business, 1721 Distributors (Pty) Ltd, on July 1.
SAFLIA beefs up SARS delegation
Cape Town (SA) – Several senior manufacturers have joined the SAFLIA delegation which will take part in future meetings to be convened by SARS to discuss customs issues relating to footwear.
Spree and Superbalist merge
Cape Town (SA) – Media24 and Takealot.com announced on June 18 that they will merge their online fashion brands, Spree and Superbalist. The statement read:
SIRESS: Simplifying cross border trade
Regional Payments Integration, Financial Inclusion, and Remittances in the SADC (SADC Integrated Real Time Electronic Settlement System: SIRESS)
Competition Commission approves centre takeovers
Pretoria (SA) – On June 21 the Competition Commission approved, without conditions, the proposed transaction whereby East & West Investments (Pty) Ltd (East & West) intends to acquire joint control in North Cape Mall in Kimberley and Northridge Mall in Bloemfontein.
They Said It
"He likes to believe that he's semi-retired." - Claw Boot's Mark Fraser on his father, Grant. The comment followed a week-long fishing trip.
"The grass is greener where you water it." - Chilli Source Development director Sean Hadnum on why he and Odélle and their inspiring team aren't considering emigrating.
25/06/1976: Scott Croney, agent, East London.
In Memoriam this week
25/06/2002: Gerald Haug (b. 28/01/1924), Bondseal [closed], Pinetown.
Have you let us know about your birthday, or the birthdays of your colleagues? Our readers love this section, so please become part of it. This also applies to the In Memoriam section. Help us remember former colleagues.
ABSA Agri Trends 22/06: Hides & skins prices
The average hide price over the past week was R7.60/kg green. NB* Hide prices are determined by the average of the RMAA (Red Meat Abattoir Association) and independent companies. The average price for Dorper skins was R32.50, and for Merino skins was R86.70.
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
AGENCIES REQUIRED FOR KWAZULU/NATAL
Experienced well-established agents are seeking additional lines in Apparel and Footwear.
In need of a boardroom?
SAFLEC, situated at 6 Stedman Mews, 128 Jan Hofmeyr Road, Westville, has a boardroom for hire.
News & Classifieds: Tony Dickson, +27 (0)31 209 7505, firstname.lastname@example.org
Next newsletter: July 2, 2018.