S&V Weekly Newsletter Vol.5 No.32, August 12, 2019
This Newsletter is sponsored by SAFLIA
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Retail last week
Comment from 4 retailers on Saturday
Trade stats January-June
Pretoria, Gauteng, SA (July 31, 2019) – The SA Revenue Services released trade statistics for June 2019 which showed that the value of the value of hides, skins & leather trade - imports and exports - has fallen this year by comparison with last year, while the value of footwear & accessories trade - imports and exports - has increased. The former figures would have been influenced by the global drop in hides and skins prices.
Stock Exchange News Service (SENS) release
Steinhoff Investment - Pepkor trading update
This is an extract from the report.
Competition Tribunal approves Footgear takeover
Pretoria, Gauteng, SA – The Tribunal has approved the merger in terms of which OMPE GP IV (Pty) Ltd (in its capacity as a partner of OMPE Fund) intends to acquire control in Footgear Holdings (Pty) Ltd.
They Said It
"Your computer has a Woolworths virus...like all of us have." - Somewhat enigmatic comment from a component supplier in response to the newsletter error last week in which the SENS text referring to Woolworths was left out. When asked to explain, he wrote: "Woolworths stuffs people around."
"Rabin is on the mend, we’ve patched him up and sent him straight back to the trenches. We are just glad to hear that everyone had a good time." - Sew Solutions director Rajesh Raghunandan, referring to his fellow member Rabin Nagesar, who fell ill on the day the company had the official opening of its new Pinetown premises. He was unable to join the friends and customers Sew Solutions had sponsored to attend a show at the Barnyard Theatre in Durban.
Eric Falkow query
Seeing Darryl Austin in "In Memoriam", it reminded me of his agent Eric Falkow. Does anyone know where Eric is today? - Glen Mitchell, Senior Buyer - Footwear & Luggage, Shoprite-Checkers
S&V Directory - Order now
The directory is ready. On sale for R450. The online version is also 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 09/08: Hides & skins prices
Hides: R1.58/kg. NB* Hide prices are determined by the average of the RMAA (Red Meat Abattoir Association) and independent companies. Skins: Dorper R28.75/skin.
15/08:19??: Bob McDonald, retired, formerly Budget Footwear [closed], Durban.
In Memoriam this week
15/08/2011: Geoffrey Leonard Keane-Murphy (b. 08/03/1927), consultant, Durban.
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Have a look at these links
We invite businesses to send us links to websites, Facebook pages and the like which they feel would be of interest to others. The links below are from our database:
News & Classifieds: Tony Dickson, +27 (0)31 209 7505, email@example.com
Next newsletter: August 19, 2019.