S&V Weekly Newsletter Vol.4 No.36, September 10, 2018
This Newsletter is sponsored by SAFLIA
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Africa performs best for Steinhoff
African operations performed more strongly than other parts of the Steinhoff Group according to the quarterly update for Steinhoff International Holdings NV for the 9 months ended June 30 2018 (9mfy18) (unaudited), published on August 31. Below are extracts from the report:
By comparison, European operations were up to 2% to 5 654, USA operations were down 14% to 1 920, and Australasian operations were up 1% to 963.
Chic assets to be auctioned
Cape Town (SA) – The assets of Chic Shoes, which went into liquidation in January owing the IDC R70 million, will be auctioned on October 9, joint liquidator Jochen Eckhoff confirmed last week.
Froggie founder hands over control
Durban (SA) – Michelle Footwear co-founder Mike Gedye, who is very ill with cancer and is also suffering from the effects of diabetes, has handed over control of the company to a team headed by his son, Warren.
PQ out of business rescue
Johannesburg (SA) – Low-priced and unbranded clothing and footwear chain PQ Clothing Outlet, which emerged from business rescue recently, now has 20 stores in Gauteng and 1 in NW Province, according to its Facebook page, down from 41 in Gauteng, Limpopo, Mpumalanga and North West Province.
New MD for DyStar Boehme
Pietermaritzburg (SA) – Graham Bowran has been appointed MD of tanning and textile chemicals manufacturer DyStar Boehme Africa. An article will be carried in the next issue of S&V African Leather.
They Said It
"Please can we have a translation?" - Italian Leathers' Lionel Astill, talking about the DTI 'Master Plan', of which we carried extracts in the last S&V Footwear & Leather Goods Magazine, with a link to the full report.
"Hi Tony, you may wish to revise your exchange rate table for importers a little earlier after today's figures. Luckily we only have a 1st floor at our premises. There is a mezzanine I am considering though......." - Rob McCann, MD of PPE distributor (and safety footwear importer) Treadsafe.
"I always said I'd be the last one left. They must be singing with the angels, but I wouldn't want to hear the choir, because some of them couldn't sing." - Bev Phillips, retired former PA to SEVEN Bata SA company managers, and honorary life president of the Bata SA Old Boys & Girls Club, after hearing about the death of Sid Finlayson.
Great Brak River (SA) – Sid Finlayson, former MD of Futura Footwear (now Bata SA) and Bolton Footwear, died on September 2.
Cobblers' Lunch to be held in October
Cape Town (SA) – The organisers of the annual Cobblers' Luncheon have announced that this year's event will be on Saturday, October 20, starting at 12h00, at the Goodwood Sports Club, Cape Town. Contacts are Voden Wearne (+27 (0)21 551 4032, Voden.Wearne@apeco.co.za), and Anthony Lopez (+27 (0)21 558 7099, firstname.lastname@example.org).
Cape Town (SA) – The Podiatry Association of SA (PASA) has announced that it will hold its 12th biennial congress in Cape Town from July 19-21 next year. The convenor and chairperson is Brandon Maggen. - email@example.com
11/09/1938: Roley Rogers, footwear agent, Johannesburg.
In Memoriam this week
11/09/1998: Harry Chafkin, Chafkin's Shoe Co, Benoni.
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 07/09: Hides & skins prices
The average hide price over the past week was R4.61/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 R35.45, and for Merino skins was R95.18.
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
Sales Rep wanted for Western Cape
To cover Cape Town, north up to Vredendal, the central Cape to Beaufort West, and the Garden Route to Plettenburg Bay. You will carry the Angels range of ladies' comfort 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: September 17, 2018.