S&V Weekly Newsletter Vol.5 No.42, October 21, 2019
This Newsletter is sponsored by SAFLIA
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Retail last week
Comment from 4 retailers on Saturday
Has Nike's decision to close accounts affected you?
S&V is compiling an article on the decision by Nike to stop supplying many retailers.
21st UITIC footwear congress will take place in China in 2021
Lyon, France (October 10, 2019) – The 21st International Union of Shoe Industry Technicians (UITIC) congress will be held in China in 2021, according to a release.
Johannesburg, Gauteng, SA – The Southern African Vinyls Association (SAVA) will hold a 1-day conference here on June 12. Details of the papers to follow. In footwear terms, SAVA influences the use of environmentally acceptable PVC. For further information, contact CEO@savinyls.co.za.
They Said It
"I know it's very hard to admit that you are getting old, but you should thank me… it's youngsters like me that keep your spirit young…" - Rolfes Leather Division MD Quintin Marais being rude as usual.
"Hey, it's early in the morning and I need coffee first. Used all my powers for the slogan…" - Him again. Funny how us 'old toppies' seem to be more wide awake.
"We aren't affected by load shedding. We're on the hospital line." - Tuftex director Patrick Juta. Who would have thought of that when deciding on location, location, location?
"Hi no Tony. Now a struggling estate agent :)" - Former Eddels agent Derek McGarry when asked whether he was still in the industry.
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 18/10: Hides & skins prices
Hides: The current price is 17.6% higher than prices were a month ago, however, the hide price is 57.7% lower than prices were a year ago. The global hide market remains under pressure. The worldwide hide supply continues to grow while end-user demand continues to decline. Increased beef production in Australia, the US and Brazil has caused the oversupply of hides in the market. The reduction in the manufacture of luxury goods coupled with the rise of convincing synthetic leather substitutes has caused a decline in global demand. Some tanneries have been closed down in China due to environmental concerns, which reduced selling options for hides in the country. Due to all these factors, the hide market remains low in the global and local market. Skins: The price for dorper skins remained unchanged at R23.33/skin and merino skins remained unchanged at R39.29/skin this week. Compared to a year ago the price of dorper skins is 25.34% lower and the price of merino skins is 57.69% lower. - 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.
21/10/1971: Derek Malcolm Creed, agent.
In Memoriam this week
24/10/1999: Norma Varley, Edcon, Durban.
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Have a look at these links
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News & Classifieds: Tony Dickson, +27 (0)31 209 7505, email@example.com
Next newsletter: October 28, 2019.