Publisher of leading trade magazines for the Footwear, Leather-goods, Leather & PPE industries

S&V Weekly Newsletter Vol.5 No.43, October 28, 2019

This Newsletter is sponsored by SAFLIA

Please note: Click on any ad to go to the advertiser’s website

 

Good news last week

Tracking SA's recovery in the headlines:
"Always one to see the bright side of a financial quagmire, Goldman Sachs believes that South Africa's economy is at its lowest point, meaning the only way forward is up. Bloomberg reported today that Goldman stated, 'the good news is our growth outlook has risk to the upside, there is no risk to the downside, because we are at the bottom'."
"I think the future of South Africa lies in entrepreneurs who can scale their innovations globally and partner with international players. I have found that as South Africans we have a unique way of problem solving and an intrinsic drive to build value." - More

 

Retail last week

Comment from 4 retailers on Saturday
"Monday to Thursday were very tough for some reason - and I've spoken to other retailers in Cape Town who said the same - but Friday and Saturday picked up nicely. Probably the month overall will be slightly down on last year. However, we had a very good August and September, and I'm expecting November and December to be very good as well, because we have quite a few launches coming up." - Nick Glover, manager, Jack Lemkus Sports, Cape Town, W Cape, SA. Independent, online and 1 store, sport fashion.

"Last weekend and this weekend have been quite good - it's been worth coming to work. Generally speaking, the beginning and end of the month are busy." - Irene Taylor, sales, Prey Boutique, White River, Mpumalanga, SA. Independent, 2 stores, women's clothing, footwear and accessories boutique.

"It's been very, very quiet. Extremely quiet. However, the month is almost on a par with last year. There are other boutiques in this centre, and we're all quite positive about Christmas trading. Some of our customers have indicated they will be buying." - Beverly Arthur, store manageress, Indigo Jayne, East London, E Cape, SA. Independent, 1 store, women's boutique.

"It's beginning to pick up. It's not yet the best, and the middle of the month was quiet - it depends what customers you get it. It normally gets busier later in the year, but there are no guarantees and you have to be prepared." - Prakash Dayah, member, Jamnadas Tailors & Outfitters, Polokwane, Limpopo, SA. Independent, 1 store, men's outfitter.

 

 

Upcoming meetings

SARS Footwear Industry Task Team
Pretoria, Gauteng, SA – The SARS Footwear Industry Task Team meets again this week, on November 7. Present will be SAFLIA, SARS and labour.

SAFLIA MANCOM
Durban, KZN, SA – SAFLIA's management committee has its last meeting for the year on November 20.

 

They Said It

"Sorry. Same as me. Jack of all trades. Buying. Shop design. Staff counsellor. Whatever it takes to retail." - Eddie Lahee, Shoeperama, on his son Brett's job title at Decofurn.

 

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 $ Yuan Renminbi ¥
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
26/10/2019 R16.20 R18.74 R14.61 R2.06
Note: For previous rates, see HERE

 

 

 

ABSA Agri Trends 25/10: Hides & skins prices

Hides: The current price is 2.8% lower than prices were a month ago and the hide price is 62.9% lower than prices were a year ago. The global hide market remains under pressure. Prices remain weak locally and globally. The worldwide hide supply continues to grow while end-user demand continues to decline. Local prices may go down even further as the market already has enough stock for orders this year. The automotive companies are shutting down early December.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    
18/10/2019   23.33 39.29
For previous prices, see HERE
 

  

28/10/1970: Sannet Gerber, Zoom In Shoe Boutique, Jeffry’s Bay.
30/10/1939: Peter Boudewijns, retired, formerly Badger Footwear [closed], Port Elizabeth.
31/10/19??: Ofer Ardenbaum, formerly Tiago Trading [closed].
31/10/1961: Deidre Harte, LTE, Cape Town.
01/11/19??: Bob Brown, Crown Footwear, Pinetown.
01/11/1940: Innes Rhind, retired, formerly Crispin Industries, Botswana [closed].
01/11/1942: Laurence Smith, PMC Components, Cape Town.
01/11/1957: Anthony le Roux, Agussi Crafts, Franschhoek.
02/11/1934: Hawa Shaikh, formerly Amshu Distributors, [closed], Greytown.
02/11/1936: Alastair Gardner, retired, formerly Panther Shoes [closed], Cape Town.
02/11/1962: Jan Morgan, Morgan Hides, Pretoria.
03/11/1976: Voden Wearne, Apeco, Cape Town.
03/11/1979: Orian Mendes, Shuler Enterprises, Harare.

 

In Memoriam this week

30/10/2001: David Cairns (BASF SA).
01/11/2018: Bobby Moodley (b. 29/01/1949), Chronicle Footwear, Durban.
03/11/2007: Ahmed ‘Bull’ Patel, hand stitching CMT operator, Greytown.
03/11/2010: Grahame Steele (b. 17/04/1929), Budget Footwear [closed], Durban.

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 John Clothing Company, Howick, KZN, SA. Outdoor clothing specialists.
Big Star Clothing, Cape Town, W Cape, SA. Men's outfitter.

 




Job Opportunity

Leading South African leather company looking to employ a sales representative in KZN.
  Experience in the leather industry, along with the ability to work well in a team environment would be beneficial.

  Please send CV to gabbi@africangameskin.co.za




 

Contact us

News & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za

Next newsletter: November 4, 2019.

SAFLIA enquiries: Tel 0800SAFLIA * Email info@saflia.co.za * Website http://www.saflia.co.za

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