S&V Weekly Newsletter Vol.5 No.10, March 11, 2019
This Newsletter is sponsored by SAFLIA
LET'S MAKE 2019 A REALLY GOOD YEAR!
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Retail last week
On Saturday, comment from 5 retailers
Edcon to sell its stake in Celrose, Eddels
Johnnesburg, Gauteng, SA – Edcon is to sell its share in Celrose (Pty) Ltd, the Tongaat-based clothing manufacturer which also owns Eddels Shoes in Pietermaritzburg.
Suppliers 'relieved' at Edcon bailout
Meanwhile, other footwear suppliers to Edcon have expressed relief at the R2.7 billion rescue deal announced on March 9, in which the Unemployment Insurance Fund and debt holders will put money into the business and participating landlords will reduce rents.
Who makes skips?
Durban, KZN, SA – Capri Bag Manufacturers, that's who. After my grumble last week about the lack of response to our query, several people let us know that Capri makes skips.
They Said It
"I have a sneaky (sneaker) suspicion we are not talking about the same thing." - Annah-Mae Blair, The New Shoe Company. She had responded to our query about shoe skips, but what she was talking about was THESE, not skips for carrying footwear:
"Thank you for your email. Unfortunately I will be out of office for a while, 4 months to be exact (perks of having babies). I'll only be back on the 4th of July 2019." - Conce Moraba, from ABSA's Agritrends division.
S&V Directory - Order now
The directory is nearing completion. Copies are available at the pre-publication price of R250. The online version is available at R450 for 12 months' access.
2019 Trade Fairs Another essential service from S&V
Please note that we have put a list of the 2019 trade fairs and conferences on our website, linked to their websites: http://www.svmag.co.za/events
ABSA Agri Trends 01/03: Hides & skins prices
Bovine: The average hide price over the past week was R2.04/kg green. NB* Hide prices are determined by the average of the RMAA (Red Meat Abattoir Association) and independent companies. Sheep: The average price for dorper skins was R30/skin and the average price for merino skins was R45.21/skin. The pries for merino skins declined by 44.42% year-on-year. Dorper skins are trading at the same price level, year-on-year.
11/03/1956: Sarah Gedye, Michelle Footwear, Durban.
In Memoriam this week
11/03/1993: Doug Roberts, Clarks SA/Kingsley Shoes [both closed], Pietermaritzburg.
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Send us the links
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News & Classifieds: Tony Dickson, +27 (0)31 209 7505, email@example.com
Next newsletter: March 18, 2019.