S&V Weekly Newsletter Vol.6 No.12, March 23, 2020
This Newsletter is sponsored by SAFLIA
Please note: Click on any ad to go to the advertiser’s website
Retail so far this year
"It's been very, very tough. March, so far, has been slightly better." - Don Patel, American Tailors & Outfitters, Roodepoort, Gauteng, SA. Independent, 1 store, men's outfitter.
Bounty, brand vendors, in talks over C2C debts
Some of the 5 vendors who sold their brands to Bounty Brands, and who are still owed money by Bounty's former parent, Coast 2 Coast (C2C), are "in the final stages of concluding settlement offers from Bounty" one said on Friday.
And now the good news...
Eskom says it is not currently load shedding.
Covid-19: SA events postponed
Three local events in the leather, footwear and leather goods industries have so far been postponed.
Local factories get first option to Ihlobo equipment
Pietermaritzburg, KZN, SA – In response to a request from the DTI, the liquidator of Ihlobo Footwear is inviting South African footwear manufacturers to submit offers for Ihlobo's equipment by April 3.
They Said It
And then there were...?
The 2020 S&V Directory - Order now
The 2020 edition of the S&V Directory is in production and will be available soon. The online version is available immediately at R450 for 12 months' access.
2020 Trade Fairs Another essential service from S&V
Please note that we have updated most 2020 trade fairs and conferences on our website, linked to their websites: http://www.svmag.co.za/events
ABSA Agri Trends: Hides & skins prices
Hide prices (March 11, 2020) - The current average hide price increased marginally by 0.4% to R1.30/kg from R1.29 a week ago. The current price, however, is 4.8% lower than the average price a month ago and is 20.5% lower than the average price a year ago. The hide market remains in dire straits. Supply chains in Italy and China (and other regions) have been significantly disrupted due to the coronavirus outbreak, and until that normalizes, the global and local hide prices are expected to remain volatile. - Conce Moraba, agricultural economist, Absa group.
23/03/1965: Nilesh Naran, Curtolo Shoes, Laudium.
In Memoriam this week
24/03/2011: John Lailvaux (b. 16/10/1946), Naked Feet, Johannesburg.
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:
News & Classifieds: Tony Dickson, +27 (0)31 209 7505, firstname.lastname@example.org
Next newsletter: March 30, 2020.