S&V Weekly Newsletter Vol.7 No.38, September 20 2021
This Newsletter is sponsored by SAFLIA
Please note: Click on any ad to go to the advertiser’s website
Levinger's: Repairs 'keeping us going'
Johannesburg, Gauteng, SA – Repairs, to footwear, leather goods and clothing "are what's keeping us alive at the moment", Levinger's Dryclean & Shoe Clinic MD Yadhir Mooloo said today.
"There are signs of recovery but I think it will take another 12 months before we see the sort of turnover we had in 2019."
Dry cleaning is the jewel in Levinger's crown, with sole contracts to service the head offices of companies including Discovery, Sasol, Ernst & Young, Alexander Forbes, Rand Merchant Bank, Bowman's Attorneys, and Deloitte's. Currently, dry cleaning turnover is 87% down.
"They're all still working remotely," he said. "At Discovery, only about 700 or 11 000 are reporting for duty."
Rentals have also been an issue for many of the 67 stores, 60% of which are franchised.
Sandton City and Mandela Square have been exceptions - there, Levinger's is still receiving 64% rental relief. "Footfall is still way down," he said.
By contrast, "we're doing much more laundry than before".
But it's the restoration and repair section which is the stellar performer - at opposite ends of the consumer market. "From Sandton to Menlyn, most people are repairing rather than buying if they can," he said. Levinger's offers repairs to clothing, footwear, handbags, travel goods, belts and small leather goods.
Levinger's also has the restoration and repair contract for the Sandton City branch of Louis Vuitton, "and they're trading very well - much better than almost anyone else, without discounting. That business, too, is very good for us."
Fire sprinkler installer, Jasco Security and Fire Solutions (Pty) Ltd, first to settle in alleged cartel involving Automatic Sprinkler Inspection Bureau (Pty) Ltd
Pretoria, Gauteng, SA (20 September 2021) – According to a press release today, the Competition Tribunal has confirmed, as an order, a settlement agreement concluded between the Competition Commission and Jasco Security and Fire Solutions (Pty) Ltd in relation to an alleged cartel involving Automatic Sprinkler Inspection Bureau (Pty) Ltd (ASIB) and various installers of automatic fire sprinklers in South Africa.
There is a large number of respondents (accused) in this case including ASIB, involved in inspection services for automatic fire sprinklers, and various installers of automatic fire sprinklers.
The Commission alleged that ASIB and its listed installers agreed to allocate specific services to each other - ASIB would provide inspection services while the listed installers would provide automatic sprinkler installation services. Furthermore, that the listed installers agreed not to conduct business in areas where they are not listed by ASIB and that they should only conduct business in areas where they are listed.
Jasco is the first firm to settle the alleged service and geographic market division with the Commission.
Settlement In terms of the settlement agreement reached between the Commission and Jasco, Jasco agrees to pay a R300 000 administrative penalty (a fine).
In addition, it undertakes not to adhere to any ASIB rules that amount to cartel conduct in contravention of the Competition Act (“the Act”) i.e., market division by allocation of specific types of services and territories in contravention of section 4(1)(b)(ii) of the Act:
It undertakes not to agree or adhere to any ASIB rule which would preclude it from operating in any geographic region in South Africa;
Should Jasco wish to enter the market for the provision of inspection services, it undertakes not to restrict its right to do so by agreeing with any actual or potential competitors in that market, or with ASIB, to restrict such activities;
It undertakes not to restrict its sourcing of inspection services from only ASIB, provided it is commercially viable to do so;
It will develop, implement and monitor a competition law compliance programme; and
It commits itself to competitive practices and refraining from engaging in any anti-competitive conduct in contravention of the Act.
Although Jasco has settled with the Commission, it does not admit to contravening the Act.
The Commission, meanwhile, has agreed to enter into the agreement without an admission of liability by Jasco based on, among others, the following factors:
The Commission is incentivising Jasco to stop adhering to any ASIB rules that divide the markets, as part of its strategy to end anti-competitive conduct caused by the ASIB rules in the market for installation and inspection of automatic fire sprinklers;
Jasco has not been found to have contravened the Act before; and
Jasco is a small player in the affected market.
Background In July 2017, the Commission launched an investigation into ASIB and all sprinkler installers registered with it. The investigation included a search and seizure operation at the ASIB premises and 22 of its listed installers.
Following its investigation, the Commission found, among others, that:
on becoming a listed installer of ASIB, each of the listed installers agreed to adhere to ASIB rules which dictated that inspection services would be performed by ASIB only while installation services would be provided by the listed installers only; and
the ASIB rules enabled listed installers to divide the market geographically by allocating territories i.e., the area of registration or listing determined the area of operation.
The Commission concluded that this conduct between ASIB and the listed installers amounts to market division by allocation of specific types of services and territories in contravention of section 4(1)(b)(ii) of the Act.
Death notice
Durban, KZN, SA – Robin Scott, founder of the Scott's chain with his brother, Des, died last Monday, aged 86. An obituary will follow in S&V Footwear & Leather Goods.
They Said It
"We had 1 store looted, in Mamelodi Mall, and they took all the machines. Even worse, they also took all the repaired items waiting for collection." - Yadhir Mooloo, MD of Levinger's Dryclean and Shoe Clinic, Johannesburg, Gauteng, SA.
"It’s been a tough year and there was some glimmer of light towards the middle of the year. Unfortunately, the riots has set us all back again. Once again “survival” is the word of the day, actually of the year." - Elias Baranos, owner, E. Baranos Leather, Johannesburg, Gauteng, SA.
Directory and Calendar updates
The S&V Directory and the S&V Calendar are dynamic documents, undergoing ongoing constant updating. Readers are therefore advised to refer to them at least once a week.
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
20/09/1947: Patrick ‘Chicken’ Price, agent, Durban, KZN, SA.
21/09/19??: Renate du Rand, Ghia 33 Shoes & Accessories, Knysna, W. Cape, SA.
21/09/1972: Nicholas Gordon, Turbek Trading, Johannesburg, Gauteng, SA.
22/09/1938: Peter Broughton, freelance, formerly Nicole Footwear [closed], Durban, KZN, SA.
22/09/1972: Martin Dedekind, Hlungwana Trading Store, Paulpietersburg, KZN, SA.
23/09/1945: Devan Nayager, Shoe Africa, Durban, KZN, SA.
23/09/1951: Grant Fraser, Claw Boot, Johannesburg, Gauteng, SA.
24/09/1944: Ron MacNiven, retired, formerly Decofurn, Durban, KZN, SA.
24/09/1964: Hester Meijer, Berklee Fashion Clothing, East London, E. Cape, SA.
24/09/1977: Ridwaan Moola, Foot Focus, Durban, KZN, SA.
25/09/1965: Mahomed Dawood Kaka, Skoen Boetiek, Lichtenburg, N.W. Province, SA.
25/09/1973: Michael Cloete, Resource Fashion Trading, Cape Town, W. Cape, SA.
25/09/1974: Yousuf M Jadwat, Fast Forward Clothing Co, Bellville, W. Cape, SA.
25/09/1979: Zaid Paruk, City Express Stores, Durban, KZN, SA.
26/09/1934: Siva Pillay, Allateens Bopsi Footwear, Durban, KZN, SA.
26/09/1940: Cedric Novis, emigrated, formerly Bolton Footwear, W. Cape, SA.
26/09/1944: Dick Smyth, designer, Durban, KZN, SA.
26/09/1948: Melt van Niekerk, Checkmate, Secunda, Mpumalanga, SA.
26/09/1970: Brett Pengelly, Trail Mix Trading, Durban, KZN, SA.
In Memoriam this week
20/09/1998: PW (Pat) Singh, Palm Footwear, Durban, KZN, SA.
21/09/1997: Ronnie Venter, agent.
22/09/2005: Simon Power (b. 10/07/1950), Mister Mover, Pinetown, KZN, SA.
23/09/2005: Tony Mossop (b. 30/06/1942), Mossop-Western Leathers, Wellington, W. Cape, SA.
24/09/2003: Werner Fehr, agent, Cape Town, W. Cape, SA.
25/09/2019: Mike Gedye (b. 04/03/1950), Michelle Footwear, Durban, KZN, SA.
26/09/1994: Cinnie Bonthuys, Crown Footwear, Pinetown, KZN, SA.
26/09/2020: Douglas Oates [b. 03/12/1939], Bata and Beier Safety Footwear, Pinetown, 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.
In case you missed it!
February Footwear & Leather Goods issue featured Stitchdowns
S&V Footwear & Leather Goods Magazine Vol87 No2 February 2021
IN THIS ISSUE:
03 Stitchdowns
- It's been a great ride - can it continue?
- Strassbergers: Anchored in its core market, says JJ du Plessis.
- Bolton Footwear: So much potential still, say Tim Vermeulen, Samantha Pillay and Gordon Gassert.
- Freestyle Genuine Handcrafted Leather: It may be time to be a bit wary of overtrading, says Grant Munro.
- Veldskoen: It's all about making an age-old style trendy, says Ross Zondagh.
- FLIC: The Veldskoen phenomenon, by Russell Addinall.
11 Business
- New distributor for Palladium, Ben Sherman.
- Promo One: Clarifying the situation.
- Crafter Kim-G secures its first export order.
14 Technology
- Texon 'significantly increases sustainable content' of Sportflex box toe puff material.
- Lectra to acquire rival Gerber Technology.
15 Fairs
- Milan Fairs: The virus wins as organisers go digital, but plan normal September editions.
16 Notice Board
- Looking back: A great journey so far, says Adrian McElhinney.
- Obituary: Bernhard Manock, a pioneer in SA leather apparel.
Exchange rates
1. SA Rand (ZAR)/Lesotho Loti (LSL)/Namibian Dollar (NAD)/Swazi Lilangeni (SZL)
Source: http://www.x-rates.com/calculator/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 2021/06/26 |
R16.88 |
R19.63 |
R14.14 |
R2.19 |
| 2021/07/03 |
R16.91 |
R19.70 |
R14.25 |
R2.20 |
| 2021/07/12 |
R17.04 |
R19.91 |
R14.35 |
R2.21 |
| 2021/07/17 |
R17.02 |
R19.85 |
R14.42 |
R2.22 |
| 2021/07/24 |
R17.48 |
R21.41 |
R14.85 |
R2.29 |
| 2021/07/31 |
R17.33 |
R20.30 |
R14.60 |
R2.26 |
| 2021/08/09 |
R17.33 |
R20.45 |
R14.76 |
R2.27 |
| 2021/08/14 |
R17.37 |
R20.42 |
R14.72 |
R2.27 |
| 2021/08/21 |
R17.88 |
R20.82 |
R15.28 |
R2.35 |
| 2021/08/28 |
R17.35 |
R20.24 |
R14.71 |
R2.27 |
| 2021/09/04 |
R17.00 |
R19.83 |
R14.31 |
R2.21 |
| 2021/09/13 |
R16.72 |
R19.61 |
R14.18 |
R2.19 |
| 2021/09/18 |
R17.28 |
R20.25 |
R14.74 |
R2.27 |
Note: For previous rates, see HERE
2. Botswana Pula (BWP)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 2021/06/26 |
12.97 |
15.09 |
10.87 |
1.68 |
| 2021/07/03 |
12.95 |
15.09 |
10.91 |
1.68 |
| 2021/07/12 |
12.96 |
15.15 |
10.92 |
1.68 |
| 2021/07/17 |
12.95 |
15.11 |
10.97 |
1.69 |
| 2021/07/24 |
13.06 |
15.25 |
11.09 |
1.71 |
| 2021/07/31 |
13.20 |
15.47 |
11.12 |
1.72 |
| 2021/08/09 |
12.99 |
15.33 |
11.06 |
1.70 |
| 2021/08/14 |
13.12 |
15.43 |
11.13 |
1.71 |
| 2021/08/21 |
13.25 |
15.42 |
11.32 |
1.74 |
| 2021/08/28 |
13.23 |
15.44 |
11.22 |
1.73 |
| 2021/09/04 |
13.04 |
15.21 |
10.97 |
1.70 |
| 2021/09/13 |
12.89 |
15.11 |
10.93 |
1.69 |
| 2021/09/18 |
12.97 |
15.19 |
11.06 |
1.71 |
3. Malawian Kwacha (MWK)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 2021/06/26 |
961.88 |
1118.55 |
805.90 |
124.84 |
| 2021/07/03 |
958.45 |
1116.77 |
807.73 |
124.79 |
| 2021/07/12 |
952.21 |
1112.73 |
802.19 |
123.93 |
| 2021/07/17 |
955.84 |
1115.17 |
809.54 |
124.94 |
| 2021/07/24 |
955.43 |
1115.52 |
811.65 |
125.23 |
| 2021/07/31 |
965.02 |
1130.54 |
813.06 |
125.83 |
| 2021/08/09 |
957.51 |
1129.86 |
815.31 |
125.70 |
| 2021/08/14 |
960.30 |
1129.20 |
814.20 |
125.70 |
| 2021/08/21 |
952.51 |
1109.03 |
814.07 |
125.21 |
| 2021/08/28 |
960.60 |
1120.84 |
814.43 |
125.84 |
| 2021/09/04 |
967.79 |
1129.03 |
814.44 |
126.20 |
| 2021/09/13 |
958.66 |
1124.28 |
813.16 |
125.99 |
| 2021/09/18 |
952.25 |
1115.55 |
811.98 |
125.57 |
4. Zambian Kwacha (ZMW)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 2021/06/26 |
27.04 |
31.46 |
22.66 |
3.51 |
| 2021/07/03 |
26.95 |
31.40 |
22.71 |
3.50 |
| 2021/07/12 |
26.89 |
31.42 |
22.65 |
3.49 |
| 2021/07/17 |
26.73 |
31.18 |
22.64 |
3.49 |
| 2021/07/24 |
24.77 |
28.92 |
21.04 |
3.24 |
| 2021/07/31 |
22.91 |
26.84 |
19.30 |
2.98 |
| 2021/08/09 |
22.63 |
26.70 |
19.27 |
2.97 |
| 2021/08/14 |
22.83 |
26.85 |
19.36 |
2.98 |
| 2021/08/21 |
22.20 |
25.85 |
18.97 |
2.91 |
| 2021/08/28 |
18.81 |
25.95 |
15.94 |
2.46 |
| 2021/09/04 |
19.22 |
22.43 |
16.18 |
2.50 |
| 2021/09/13 |
19.21 |
22.53 |
16.29 |
2.52 |
| 2021/09/13 |
19.29 |
22.59 |
16.44 |
2.54 |
5. Zimbabwean Dollar (ZWL$)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
Official US$ |
| 2021/06/26 |
431.93 |
502.29 |
361.90 |
56.06 |
85.36 |
| 2021/07/03 |
429.42 |
500.36 |
361.90 |
55.91 |
85.42 |
| 2021/07/12 |
429.43 |
501.85 |
361.90 |
55.90 |
85.50 |
| 2021/07/17 |
427.41 |
498.50 |
361.90 |
55.85 |
85.50 |
| 2021/07/24 |
426.00 |
497.38 |
361.90 |
55.83 |
85.63 |
| 2021/07/31 |
429.54 |
503.21 |
361.90 |
56.00 |
85.64 |
| 2021/08/09 |
424.85 |
501.36 |
361.90 |
55.79 |
85.72 |
| 2021/08/14 |
426.81 |
501.91 |
361.90 |
55.87 |
85.74 |
| 2021/08/21 |
423.44 |
493.02 |
361.90 |
55.66 |
85.82 |
| 2021/08/28 |
426.85 |
498.05 |
361.90 |
55.92 |
85.90 |
| 2021/09/04 |
430.04 |
501.69 |
361.90 |
56.07 |
86.05 |
| 2021/09/13 |
426.71 |
500.48 |
361.90 |
56.08 |
86.21 |
| 2021/09/18 |
424.42 |
497.19 |
361.90 |
55.96 |
86.30 |
ABSA Agri Trends: Hides & skins prices
Johannesburg, Gauteng, SA (16 September 2021) - The current average hide price decreased by 8.38% to R8.96/kg from R9.78/kg a week ago. The current price is 7.63% lower than the average price a month ago and is 993% higher than the average price a year ago. The range of prices reported was as follows: Minimum price: R8.29, Maximum price: R10.00. Please note, we have changed our methodology and price levels are not directly comparable to previous prices that we reported on. Our methodology weighs the prices we collect according to the number of hides they sell in a month. This is done to make it more representative of the prevailing market price. NB* Hide prices are determined by the average of the RMAA (Red Meat Abattoir Association) and independent companies. - Marlene Louw, senior agricultural economist, and Nkhensani Mashimbyi, agricultural economist, Absa group.
| Hide & skin price progression |
| Date |
Hides/Kg |
Dorper/Skin |
Merino Skin |
| 2020/11/06 |
2.36 |
26.00 |
44.00 |
| 2020/11/13 |
2.38 |
23.59 |
40.00 |
| 2020/11/20 |
2.69 |
35.00 |
50.00 |
| 2020/11/27 |
3.08 |
36.00 |
49.00 |
| 2020/12/04 |
3.65 |
34.03 |
49.00 |
| 2020/12/11 |
3.68 |
33.21 |
50.83 |
| 2020/12/18 |
3.93 |
32.59 |
51.67 |
| 2021/12/25 |
4.08 |
34.39 |
51.67 |
| 2021/01/01 |
3.93 |
34.03 |
54.00 |
| 2021/01/08 |
3.88 |
31.43 |
46.43 |
| 2021/01/15 |
4.03 |
31.43 |
46.43 |
| 2021/01/22 |
4.16 |
30.00 |
47.00 |
| 2021/01/29 |
4.04 |
33.05 |
50.83 |
| 2021/02/05 |
3.86 |
31.41 |
45.71 |
| 2021/02/12 |
4.33 |
35.46 |
45.83 |
| 2021/02/19 |
4.29 |
34.49 |
50.00 |
| 2021/02/26 |
4.94 |
34.70 |
47.50 |
| 2021/03/05 |
5.67 |
38.33 |
51.67 |
| 2021/03/12 |
4.80 |
42.50 |
59.17 |
| 2021/03/19 |
4.99 |
35.74 |
52.86 |
| 2021/03/26 |
6.33 |
35.16 |
55.00 |
| 2021/04/02 |
6.50 |
31.83 |
49.00 |
| 2021/04/16 |
8.98 |
37.44 |
50.00 |
| 2021/04/22 |
8.37 |
|
|
| 2021/04/29 |
8.98 |
40.96 |
62.00 |
| 2021/05/06 |
7.56 |
40.96 |
62.00 |
| 2021/05/24 |
7.82 |
40.83 |
61.67 |
| 2021/05/28 |
7.47 |
|
|
| 2021/06/14 |
8.34 |
40.83 |
61.67 |
| 2021/06/24 |
8.31 |
|
|
| 2021/07/02 |
8.25 |
42.21 |
66.00 |
| 2021/07/09 |
9.53 |
46.39 |
64.00 |
| 2021/07/16 |
8.17 |
39.00 |
61.00 |
| 2021/07/23 |
8.44 |
43.33 |
67.50 |
| 2021/07/30 |
7.57 |
39.00 |
61.00 |
| 2021/08/06 |
9.60 |
39.63 |
64.00 |
| 2021/08/12 |
9.93 |
|
|
| 2021/08/23 |
|
41.40 |
64.00 |
Note: For previous prices, see HERE
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:
Finleys, Pretoria, Gauteng, SA. Footwear supplier.
Fischer Furs, Johannesburg, Gauteng, SA. Leather and fur garment retailer.
Classified Adverts
Factory manager sought
A footwear factory in Pietermaritzburg is looking to employ a factory manager. The applicant must have at least 3 years of production experience in a managerial position, footwear experience will be beneficial. The applicant should have basic HR/IR knowledge and will be expected to manage a team of supervisors with a staff compliment of 130 employees. Interested persons to email CVs to application1945@gmail.com
Contact us
News & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za
Next newsletter: September 27, 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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