S&V Weekly Newsletter Vol.7 No.14, April 6 2021This Newsletter is sponsored by SAFLIAPlease note: Click on any ad to go to the advertiser’s website
Wagner Designer Collection: More downs than upsJohannesburg, Gauteng, SA – Trading "wasn't great" over the weekend, said Pravin Dhulab, proprietor of men's upmarket outfitter Wagner Designer Collection in Fourways.
Urban Mania: Hoping online will make a differenceCape Town, W. Cape, SA – Trading "wasn't that good", said Shahid Koor, proprietor of sport fashion retailer Urban Mania in Wynberg.
Footwear consumption 'recovering'According to World Footwear, there will be a 'slight recovery' in global footwear consumption this year. It is forecasting a 2.8% increase. Pre-pandemic levels "won't be reached before 2023", it says.
'Another 80 000 US stores could close'That's the heading in an article in Sourcing Journal yesterday. It said another 80 000 stores could close by 2026. "Apparel has the most to lose, per analysis from UBS, which says store closings could nearly double if e-commerce's hot streak continues."
They Said It"Feedback by Christmas?" - National Clothing Retail Federation executive director Michael Lawrence when asked yesterday when he could give me feedback about how his chain members had traded over the weekend. Oh, and he added a string of laughing faces. "In any event, we aren't up against the hard lockdown of last year, so whilst the growths are ridiculously high, they don’t really mean a lot." - TFG CEO Anthony Thunström, responding to a request for comment on Easter trading.
Got anything you'd like to share?Do you have any suggestions, comments or experiences about the lockdown that you'd like to share with the industry? We will publish the throughout the lockdown, so please let us know. - tony@svmag.co.za
05/04/1963: Lourenco Mendes, Shuler Enterprises, Harare, Zimbabwe.
In Memoriam this week06/04/1979: George Cowie, GW Cowie & Co, Durban, KZN, SA. 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.
Exchange rates1. SA Rand (ZAR)/Lesotho Loti (LSL)/Namibian Dollar (NAD)/Swazi Lilangeni (SZL)
Note: For previous rates, see HERE 2. Botswana Pula (BWP)
3. Malawian Kwacha (MWK)
4. Zambian Kwacha (ZMW)
ABSA Agri Trends: Hides & skins pricesJohannesburg, Gauteng, SA (April 01, 2021) - The current average hide price increased by 5.9% to 6.33/kg from R5.98/kg a week ago. The current price is 21.8% higher than the average price a month ago and is 578.6% higher than the average price a year ago. Industry players are still reporting low availability with strong export demand, which sustained an increasing price trend this week. NB* Hide prices are determined by the average of the RMAA (Red Meat Abattoir Association) and independent companies. - Abrie Rautenbach, head Absa agribusiness, Marlene Louw, senior agricultural economist, Absa group.
Have a look at these linksWe 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:
Classified Adverts
Contact usNews & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za Next newsletter: April 5, 2021. SAFLIA enquiries: Tel 0800SAFLIA * Email info@saflia.co.za * Website http://www.saflia.co.za Our website www.svmag.co.za |
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