S&V Weekly Newsletter Vol.5 No.35, September 2, 2019
This Newsletter is sponsored by SAFLIA
Please note: Click on any ad to go to the advertiser’s website
Retail last week
Comment from 5 retailers on Saturday
Apparel newsletter publisher dies
Durban, KZN, SA – Mark Bennett, publisher of The African Cotton, Textiles & Apparel Monitor newsletter, collapsed and died on August 26, aged 59, while on contract in Ghana.
Handbag trend seminar
Cape Town, W Cape, SA – The Footwear & Leather Industry Cluster (FLIC) and co-sponsors SAFLEC, eThekwini Export Programme, Wesgro and the SA Ostrich Business Chamber (SAOBC) will hold a 5-day collection workshop and trend seminar for the handbag sector in Cape Town from October 21-25.
Stock Exchange News Service (SENS) release
Mr Price - results of AGM
Woolworths final results June 2019
Massmart interim results June 2019
They Said It
"You're first in the pecking order after sorting out SARS." - Sew Solutions' member Rajesh Raghunandan responding to a request for information. How's that for an elevated status? However, I'm STILL waiting!
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 28/08: Hides & skins prices
Hides: R1.52/kg. This is 1% lower than last week’s price of R1.54/kg. The current price is 70.8% lower than prices were a year ago. The market remains under immense pressure, a recovery is not be expected in the short to medium term. The impact of the big decline on hide prices plays an important role in the broader beef industry, because hides form a part of the cattle’s ‘fifth quarter’ which contributes to the processor’s return from animal purchased. During 2017 and 2018, beef prices were so good, which probably meant that the lower hide prices had a minimal impact and could have been overlooked. However, beef prices have declined now and this is bringing the hide value component back into the spotlight. - Wessel Lemmer, senior agricultural economist, Absa Group. NB* Hide prices are determined by the average of the RMAA (Red Meat Abattoir Association) and independent companies.
01/09/1941: Stan Kotkin, retired, formerly Footwear Trading (ceased trading), Johannesburg.
In Memoriam this week
01/09/2012: Mike Cromhout (b. 06/02/1947), agent, Cape Town.
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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: September 9, 2019.