S&V Weekly Newsletter Vol.5 No.42, October 21, 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 4 retailers on Saturday
"It's been a disaster, and load shedding has made things worse, because people don't wait for the lights to come back on. All the malls have taken a dip. And we have Black Friday ahead, which is another knock for Christmas. We just have to hope that December trading will pick up." - 'Budgie' Magan, Casanova and Q'Dos, Durban, KZN, SA. Independent, 2 stores, men's and women's outfitter.
"It's been quiet for the past 3 months, but over the past week there's been an increase in enquiries on the fishing side, and the schools have been receiving funds which has helped on the school wear side." - Mohammed Pandor, director, Ismail's Trading Store, Dundee, KZN, SA. Independent general dealer including school wear, sportswear, fishing tackle, stationery and PPE.
"Very quiet, and load shedding is a problem. The only footwear selling at the moment is kiddies' white shoes for their graduations. It's been a quiet year in this area because the mines were on strike from November to June. I'm hoping for a good Christmas." - Mohammed Patel, member, Ivy's Centre, Carletonville, NW Province, SA. Independent, 1 store, family outfitter.
"Trading in the last week has been particularly slow, should I rather say bad. There are just fewer people in the shopping centres and even less buying. The month has been disappointing if you think that all the new summer stocks are in the shops but the people aren’t buying. As far as the year's trading - I would rather look forward and hope that things get better. The problem is that we can’t get the rents down as fast as the sales have declined - that is a major challenge for us. We're getting there slowly. As far as the rest of the year goes - we will have to wait and see. Black Friday could have an impact on Christmas sales. I would rather Black Friday loses its momentum as I don’t think it's good for shoe sales but maybe for big ticket items like TVs etc., which eat up all the Christmas shopping money. We are trying all sorts of promotions at the moment to get people into the stores. We need a good Christmas. We have downsized from 23 stores a few years ago to 9 stores now. Hopefully from here we can grow again but in smaller stores. - Eddie Lahee, Shoeperama, Durban, KZN, SA. Mini-chain, family footwear.
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.
If you are one of those affected, please let us know:
- How long have you been a Nike stockist?
- How important is Nike to your business (Please select one of the following: very important, one of a number of key brands, not very important)?
- Have you asked Nike to reconsider?
- Do you have replacement brands in mind?
- How will the loss of Nike product affect your business?
We would also welcome responses from retailers who Nike will continue to supply.
Please reply by email ONLY to tony@svmag.co.za
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.
The China Leather Industry Association (CLIA) has been selected by the UITIC executive committee to organise the congress in 2021 on behalf of UITIC. This will be the second UITIC congress in China; the 18th Congress was held in 2013 in Dongguan and Guangzhou.
Since 1972, the UITIC congress has been a prestigious meeting of footwear experts, acting as a “think tank” for the sector. It attracts brands, retailers and footwear manufacturers.
The congress, which lasts for several days, starts with organised tours of leading manufacturers in the host country, followed by around 30 papers and presentations.
A scientific committee will be in charge of selecting innovative contributions from speakers coming from footwear institutes, footwear experts and R&D departments in the companies.
Yves Morin, president of UTIC since 2010, declared: “The last congress in 2018 in Porto, Portugal, was beyond expectations. We had more than 540 delegates from 33 countries. I hope that footwear professionals will take this opportunity to come back to China to discover how it is preparing the future of the footwear sector.”
The city and month of the congress are to be confirmed.
Vinyls conference
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
Exchange rates
Source: http://www.x-rates.com/calculator/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 05/01/2019 |
R15.94 |
R17.79 |
R13.99 |
R2.03 |
| 12/01/2019 |
R15.86 |
R17.76 |
R13.83 |
R2.04 |
| 19/01/2019 |
R15.76 |
R17.85 |
R13.87 |
R2.04 |
| 26/01/2019 |
R15.52 |
R17.97 |
R13.60 |
R2.01 |
| 02/02/2019 |
R15.26 |
R17.42 |
R13.32 |
R1.97 |
| 09/02/2019 |
R15.46 |
R17.66 |
R13.65 |
R2.02 |
| 16/02/2019 |
R15.90 |
R18.15 |
R14.09 |
R2.08 |
| 23/02/2019 |
R15.90 |
R18.32 |
R14.04 |
R2.09 |
| 02/03/2019 |
R16.17 |
R18.77 |
R14.22 |
R2.12 |
| 09/03/2019 |
R16.22 |
R18.79 |
R14.43 |
R2.14 |
| 16/03/2019 |
R16.31 |
R19.15 |
R14.40 |
R2.14 |
| 25/03/2019 |
R16.31 |
R19.02 |
R14.42 |
R2.14 |
| 30/03/2019 |
R16.26 |
R18.90 |
R14.49 |
R2.15 |
| 06/04/2019 |
R15.80 |
R18.36 |
R14.09 |
R2.09 |
| 13/04/2019 |
R15.76 |
R18.24 |
R13.95 |
R2.08 |
| 20/04/2019 |
R15.86 |
R18.33 |
R14.10 |
R2.10 |
| 27/04/2019 |
R16.03 |
R18.56 |
R14.37 |
R2.13 |
| 04/05/2019 |
R16.08 |
R18.88 |
R14.34 |
R2.13 |
| 11/05/2019 |
R15.91 |
R18.40 |
R14.16 |
R2.07 |
| 18/05/2019 |
R16.09 |
R18.32 |
R14.41 |
R2.08 |
| 25/05/2019 |
R16.15 |
R18.32 |
R14.41 |
R2.08 |
| 01/06/2019 |
R16.28 |
R18.41 |
R14.57 |
R2.11 |
| 08/06/2019 |
R16.95 |
R19.03 |
R14.94 |
R2.16 |
| 15/06/2019 |
R16.61 |
R18.65 |
R14.81 |
R2.14 |
| 22/06/2019 |
R16.30 |
R18.24 |
R14.32 |
R2.08 |
| 29/06/2019 |
R16.01 |
R17.88 |
R14.08 |
R2.05 |
| 06/07/2019 |
R15.91 |
R17.74 |
R14.17 |
R2.05 |
| 13/07/2019 |
R15.75 |
R17.57 |
R13.97 |
R2.03 |
| 20/07/2019 |
R15.63 |
R17.42 |
R13.93 |
R2.02 |
| 27/07/2019 |
R15.91 |
R17.68 |
R14.29 |
R2.07 |
| 03/08/2019 |
R16.42 |
R17.97 |
R14.78 |
R2.13 |
| 10/08/2019 |
R17.08 |
R18.34 |
R15.25 |
R2.16 |
| 17/08/2019 |
R16.97 |
R18.58 |
R15.30 |
R2.17 |
| 26/08/2019 |
R17.00 |
R18.74 |
R15.27 |
R2.13 |
| 31/08/2019 |
R16.68 |
R18.46 |
R15.18 |
R2.12 |
| 07/09/2019 |
R16.32 |
R18.13 |
R14.79 |
R2.07 |
| 14/09/2019 |
R16.22 |
R18.16 |
R14.55 |
R2.05 |
| 21/09/2019 |
R16.44 |
R18.61 |
R14.92 |
R2.10 |
| 28/09/2019 |
R16.55 |
R18.61 |
R15.14 |
R2.12 |
| 05/10/2019 |
R16.52 |
R18.56 |
R15.04 |
R2.10 |
| 12/10/2019 |
R16.32 |
R18.68 |
R14.78 |
R2.08 |
| 19/10/2019 |
R16.52 |
R19.19 |
R14.78 |
R2.08 |
Note: For previous rates, see HERE
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.
| Hide & skin price progression |
| Date |
Hides/Kg |
Dorper/Skin |
Merino Skin |
| 18/01/2019 |
3.94 |
33.75 |
81.67 |
| 25/01/2019 |
2.89 |
31.11 |
92.78 |
| 01/02/2019 |
2.83 |
30.63 |
87.50 |
| 05/02/2019 |
2.53 |
|
|
| 13/02/2019 |
2.95 |
|
|
| 15/02/2019 |
2.95 |
25.83 |
62.01 |
| 19/02/2019 |
2.01 |
|
|
| 22/02/2019 |
2.00 |
31.88 |
49.21 |
| 26/02/2019 |
2.04 |
|
|
| 01/03/2019 |
2.04 |
30.00 |
45.21 |
| 14/03/2019 |
1.63 |
|
|
| 20/03/2019 |
1.60 |
|
|
| 27/03/2019 |
1.67 |
|
|
| 10/04/2019 |
1.68 |
|
|
| 24/04/2019 |
1.78 |
|
|
| 26/04/2019 |
1.49 |
32.50 |
|
| 03/05/2019 |
1.82 |
|
|
| 17/05/2019 |
2.05 |
34.00 |
|
| 21/05/2019 |
1.72 |
|
|
| 24/05/2019 |
1.72 |
36.67 |
|
| 28/05/2019 |
1.74 |
|
|
| 31/05/2019 |
1.74 |
32.50 |
48.75 |
| 10/06/2019 |
1.68 |
41.90 |
|
| 14/06/2019 |
|
25.83 |
38.57 |
| 18/06/2019 |
1.68 |
25.83 |
|
| 28/06/2019 |
1.66 |
|
|
| 01/07/2019 |
1.67 |
|
|
| 05/07/2019 |
|
25.00 |
38.57 |
| 12/07/2019 |
1.70 |
24.00 |
38.75 |
| 16/07/2019 |
1.71 |
|
|
| 23/07/2019 |
1.71 |
|
|
| 29/07/2019 |
1.59 |
|
|
| 09/08/2019 |
1.58 |
28.75 |
|
| 13/08/2019 |
1.57 |
|
|
| 28/08/2019 |
1.52 |
|
|
| 17/09/2019 |
1.78 |
|
|
| 27/09/2019 |
|
25.00 |
35.50 |
| 08/10/2019 |
1.86 |
|
|
| 16/10/2019 |
2.09 |
|
|
For previous prices, see HERE
21/10/1971: Derek Malcolm Creed, agent.
21/10/1976: Imraan Ahmod, Spunlok, Pinetown.
22/10/1965: Raymond Philander, Nulaw, George.
22/10/1974: Sulaiman Miller, Powerland Group SA Trading, Johannesburg.
22/10/1979: Kevin Govender, Evolution Engineering, Chatsworth.
23/10/1949: Alf Bettoni, ?.
24/10/1956: John Bouwer, Celrose/Eddels, Pietermaritzburg.
24/10/????: Prenisha Dukhipersad, SAFLEC, Durban.
25/10/1969: Leon Buhr, Equator Accessories, Pinetown.
25/10/1966: Michael Schiller, Nakara Leather Tanning & Processing, Windhoek, Namibia.
25/10/1972: Venothan Munsami, Little Slipper Co, Port Elizabeth.
25/10/19??: Chrystal Erasmus, Imaani, Cape Town.
26/10/1941: Rob Morris, retired, formerly BU Technical [closed], Cape Town.
26/10/1959: Hennie van Zyl, Ostriland, Citrusdal.
26/10/1962: MH Klopper, Bethlehem Hides & Skin, Bethlehem.
26/10/1976: Santosh Baboolall, Zwartkop.
26/10/1971: Ayoob Seedat, Shoe Tech, Springs.
27/10/1949: Rolf Stumpfe, Lederwerkstatt, George.
27/10/1950: Beverly Phillips, retired, formerly Bata SA / Futura Footwear, Pinetown.
27/10/1954: AM Samaai, Just Bargains.
27/10/1965: Selvan Naicker, Ethekwini Leather, Durban.
In Memoriam this week
24/10/1999: Norma Varley, Edcon, Durban.
24/10/1995: Wally Zwart, Dick Whittington, Pietermaritzburg.
25/10/2000: CIR Rex Van Coller, (b. 12/04/1925), agent, Durban.
25/10/2005: Braam Keyser (b. 05/09/1957), Feltex Automotive Leathers [closed], Ladysmith.
26/10/2015: Richard Reddiar (b. 29/03/1943), Premier Safety Footwear, Johannesburg.
27/10/1994: Brian Vincer (Futura).
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.
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:
Big 'n Tall, Randburg, Gauteng, SA. Men's outfitters specialising in big sizes.
Big Buck Taxidermy, Pretoria, Gauteng, SA. Taxidermy.
Contact us
News & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za
Next newsletter: October 28, 2019.
SAFLIA enquiries: Tel 0800SAFLIA * Email info@saflia.co.za * Website http://www.saflia.co.za
Should you wish to subscribe email tony@svmag.co.za
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