S&V Weekly Newsletter Vol.4 No.30, July 30, 2018
This Newsletter is sponsored by SAFLIA
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Footwear strike: CCMA to attempt mediation today
Durban (SA) – SAFLIA and both unions, NULAW and SACTWU, have agreed to an offer by the CCMA to mediate in the strike, now entering its fourth week. They will meet this morning, starting at 8.
Woolworths: Fashion focus of recovery
Cape Town (SA) – Woolworths Holdings Ltd's 'medium term' target is to raise the operating profit margin of Woolworths' fashion, beauty and home division to 16%-17%, higher than any other division in SA or Australia, according to the interim results published recently. The division was the poorest performer in the results for the year ended December 24, 2017.
Dangee Carken moves to bigger premises
Johannesburg (SA) – Dangee Carken has moved to 8000 m² premises at 23 Spartan Road, Eastgate Extension, very close to its previous premises.
Hush Puppies' charity calendar
Johannesburg (SA) – Hush Puppies Southern Africa' annual charity calendar initiative will raise funds for a library.
Amazon.com announces second quarter sales up 39% to $52.9 billion
Seattle (SA) July 26, 2018 – Amazon.com, Inc. announced financial results for its second quarter ended June 30, 2018.
They Said It
"I don’t think I can get an article to you this time. I finished a course on Friday, then had to complete some course notes, need to mark the students' tests today some time that were written on Friday, and then have another course starting tomorrow. With this series that I am doing, it takes quite a while to read articles that I then need to summarize into your article. I could try later in the week but that may be too late. I know all these excuses will fall on deaf ears, but they are genuine and I would not purposely make an excuse. As you know, I love writing your articles!!!"." - ISTT head Dr Clive Jackson-Moss. How I battle to keep these correspondents in line.
30/07/1959: Alan Munsamy, Nulaw, Durban.
In Memoriam this week
03/08/1999: Otto Guldimann (b. 2/10/1922), Cellini [closed], Cape Town.
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ABSA Agri Trends 06/07: Hides & skins prices
Overall, the hide market sentiment remains bearish, in line with the weak international hide market. Shipments to Italy are expected to be limited as well, weighing on the market. There are also indications of oversupply in South America which further add pressure on the market. The average hide price over the past week was R7.04/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 R32.14, and for Merino skins was R86.67.
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
TOP SALES AGENT WANTED
For Gauteng: To sell Men's and Ladies' 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, email@example.com
Next newsletter: August 6, 2018.