S&V Weekly Newsletter Vol.7 No.44, November 2 2021
This Newsletter is sponsored by SAFLIA
Please note: Click on any ad to go to the advertiser’s website
VF Corporation 'more than just Vans'
Denver, Colorado, USA – In response to relatively poor results by Vans, VF Corporation "is not just one brand", chairman, president and CEO Steven Rendle said in a Q2 2022 Earnings Call on 22 October.
The company's brands include 3 distributed in SA aside from Vans - Dickies, The North Face, and Timberland.
Vans delivered 7% growth which "did not meet our expectations", he said, although "our confidence in the long-term runway for Vans remains unchanged".
The North Face delivered 29% growth, Dickies "which continues to build on its incredible run" delivered 19% growth, and Timberland delivered 25% growth.
For the full report, go to https://www.vfc.com/news/press-release/1775/vf-reports-second-quarter-fiscal-2022-results-reaffirms.
Death notice
Pietermaritzburg, KZN, SA – Retired component manufacturer Nigel Plumpton, formerly with CNB Industries, NP Enterprises (both closed) and Ribtech, died on Friday, aged 72. An obituary will follow in S&V Footwear & Leather Goods Magazine.
In case you missed it!
School Shoes and Belts are the focus sector of the latest issue of S&V Footwear & Leather Goods magazine
S&V Footwear & Leather Goods Magazine Vol87 No10 October 2021
IN THIS ISSUE:
03 This Month's Focus Sector: School Shoes and Belts
- After 18 months of 'bust' maybe a brief moment of 'boom'?
- Comments by:
- Hans Beier, Neucoat: Locally made synthetic school shoe upper material launched.
- Michael Wyatt, Bata SA: It all depends on customers' sell out rate.
- Rajeev Pattundeen, Palm Footwear: In the bigger picture, this is just another blip.
- Andrew Fenwick, Saddler Belts: 'We'll respond to the future together.'
- Shane van Niekerk, Jet: Anticipating close-to-normal demand, but pressure on prices.
- Sharon New, Term Footwear: Looking to source from countries 'more aligned to the UK'.
- Delanie Bezuidenhout, My Walk With Soul: Combining recycling PVC with donated school shoes.
11 Sector: Safety Footwear
- Wayne Plastics: Gumboot manufacturers at the forefront of footwear's campaign to be recognised as sustainable.
12 Sector: Travel Goods
- Kennith Barlow, Destinations by Frasers: After a long famine, travel goods retailers need to stock up for a deluge.
13 The U.S. Market
- Marshall Cohen, the NPD Group: Holiday 2021 - A season of comfort and concern.
14 New Ideas
- Russell Addinall: If you can imagine it, you can make it - product development, internships and training.
15 Trade Fairs
- MICAM Milano: Re-launch 'exceeded expectations' - now preparations for February edition get underway.
17 Notice Board
- Debbie Ditchfield obituary: Like a shooting star, a brief, glorious life.
Advertisers in this Issue
BBF Safety Group (OFC), Caterpillar / Medicus Footwear (13), Corvari Footwear / Angels (17), Corvari Footwear / Natural Steps (15), Destinations by Frasers/Busby (04), Destinations by Frasers/ Delsey (06), Freestyle Genuine Handcrafted Leather (02), Italtan (03), Karma / Caterpy (09), Manock Naturals (10), New Creation Shoes (16), SA Footwear & Leather Export Council (18), Saddler Belts (07).
They Said It
"Thanks for your newsletter, it keeps the few independent shoe retailers left up to date. We don't really have many co-independents to discuss the footwear industry like we had when we started in 1972." - Reinhard Barnard, Model Shoes, Worcester, W. Cape, SA.
"AK, Abdul, Vanker, I don't mind. 'A rose would smell as sweet...' - I learnt that in Grade 2. Just don't call me Rose." - AK, or Abdul, or just maybe Rose Vanker, director of R. Faulks & Co. in Durban, KZN, SA, on what he prefers being called.
Got anything you'd like to share?
Do you have any suggestions, comments or experiences about the industry that you'd like to share with the industry? - tony@svmag.co.za
01/11/1934: Bob Brown, Crown Footwear, Pinetown, KZN, SA.
01/11/1940: Innes Rhind, retired, formerly Crispin Industries [closed], Gaborone, Botswana.
01/11/1942: Laurence Smith, PMC Components, Cape Town, W. Cape, SA.
01/11/1957: Anthony le Roux, Agussi Crafts, Franschhoek, W. Cape, SA.
02/11/1934: Hawa Shaikh, formerly Amshu Distributors, closed, Greytown, KZN, SA.
02/11/1936: Alastair Gardner, retired, formerly Panther Shoes [closed], Cape Town, W. Cape, SA.
02/11/1962: Jan Morgan, Morgan Hides, Pretoria, Gauteng, SA.
03/11/1976: Voden Wearne, Oden, Cape Town, W. Cape, SA.
03/11/1979: Orian Mendes, Shuler Enterprises, Harare, Zimbabwe.
04/11/1962: Philip A Carstens, Carstens’ Orthotic Laboratories, Durbanville, W. Cape, SA.
05/11/1988: Jacques van As, Le Croc, Brits, N.W. Province, SA.
06/11/1950: Idris Kajee, Favourite Sports, Newcastle, KZN, SA.
07/11/1945: Garth Ribbinck, A. Greenaways Natal, Durban, KZN, SA.
07/11/1966: Leslie Govender, Godvast, Durban, KZN, SA.
07/11/1971: Ajay Singh, United Agencies, Durban, KZN, SA.
In Memoriam this week
01/11/2018: Bobby Moodley (b. 29/01/1949), Chronicle Footwear, Durban, KZN, SA.
03/11/2007: Ahmed ‘Bull’ Patel, hand stitching CMT operator, Greytown, KZN, SA.
03/11/2010: Grahame Steele (b. 17/04/1929), Budget Footwear [closed], Durban, KZN, SA.
04/11/1998: Roy Schefermann, Futura Footwear, Pinetown, KZN, SA.
05/11/1998: Bob Gould, SB Agencies [closed], Pinetown, KZN, SA.
05/11/2013: Brian de Bruin (b. 26/09/1941), DB Components, Durban, KZN, SA.
05/11/2016: Byron Ludlow (b. 29/03/1951), Michelle Footwear, Durban, KZN, SA.
07/11/2004: Ralph Mossop (b. 04/12/1913), Mossop & Son (now Mossop Western Leathers), Cape Town, W. Cape, 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.
Calendar updates this week
23-26 January 2022: ISPO Munich Sportswear, Munich, Germany.
New subscribers this week
Sudhir Kumar, OM Oveseas, New Delhi, India.
Ridwaan, SA Sportiv, Victory Park, Gauteng, SA.
David Giani, Soviet footwear agent, Bloemfontein, Free State, SA.
Masood Habib, Business Link Pakistan.
Donnovan April, Mossop Leather, Wellington, W. Cape, SA.
Classified Adverts
Surplus leather stock and footwear machines for sale
AVAILABLE MACHINES ARE
1 X TOE LASTING MACHINE
1 X BACK PART MOULDING MACHINE
1 SWING BEAM MACHINE
PLEASE WHATS APP ENQUIRIES ON 078 1966105
Free State & Northern Cape agent
Corvari Footwear seeks an agent for the Free State and Northern Cape to market its Natural Steps and Angels ladies' brands and its Cobbles and Noodles infants' brands. Please reply to business@corvari.co.za, tel 031 700 3234.
Position sought / services offered
Susan van Rooyen
Full time or part time contract
18 years experience with a top end leather goods manufacturer - (Via la Moda)
- Procurement - import & export, production planning and execution.
- Excellent procurement/negotiating skills - (global & local).
- Documentation/permits/customs and CITES systems – experience in submitting and requirements.
- Sourcing new materials/products as per customer requirements/new developments.
- International payments.
- Implementing and control of general and stock systems.
- Accounting up to trial balance - various accounting and stock programmes. (including returns, etc)
- Proficient in Microsoft.
- PA functions.
- Honest, reliable & dedicated.
Please feel free to request my CV/further information.
E-mail: icaregreen@gmail.com
Contact number: +27 072 410 6683
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 ¥ |
| 2021/10/09 |
R17.27 |
R20.32 |
R14.93 |
R2.31 |
| 2021/10/16 |
R16.93 |
R20.05 |
R14.59 |
R2.26 |
| 2021/10/23 |
R17.26 |
R20.44 |
R14.83 |
R2.32 |
| 2021/11/01 |
R17.75 |
R20.98 |
R15.34 |
R2.39 |
Note: For previous rates, see HERE
2. Botswana Pula (BWP)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 2021/10/09 |
13.03 |
15.33 |
11.26 |
1.74 |
| 2021/10/16 |
13.05 |
15.45 |
11.25 |
1.74 |
| 2021/10/23 |
12.98 |
15.36 |
11.15 |
1.74 |
| 2021/11/01 |
13.07 |
15.45 |
11.30 |
1.76 |
3. Malawian Kwacha (MWK)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 2021/10/09 |
945.90 |
1113.04 |
817.60 |
126.87 |
| 2021/10/16 |
947.59 |
1121.96 |
816.81 |
126.91 |
| 2021/10/23 |
948.88 |
1122.72 |
815.09 |
127.66 |
| 2021/11/01 |
947.11 |
1119.32 |
818.60 |
127.88 |
4. Zambian Kwacha (ZMW)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 2021/10/09 |
19.84 |
23.34 |
17.14 |
2.66 |
| 2021/10/16 |
19.68 |
23.29 |
16.96 |
2.63 |
| 2021/10/23 |
19.89 |
23.53 |
17.08 |
2.67 |
| 2021/11/01 |
20.13 |
23.80 |
17.40 |
2.71 |
5. Zimbabwean Dollar (ZWL$)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
Official US$ |
| 2021/10/09 |
418.69 |
492.67 |
361.90 |
56.16 |
85.55 |
| 2021/10/16 |
419.81 |
497.00 |
361.90 |
56.23 |
90.07 |
| 2021/10/23 |
421.30 |
498.49 |
361.90 |
56.68 |
90.08 |
| 2021/11/01 |
418.66 |
494.71 |
361.90 |
56.54 |
97.13 |
Directory updates this week
Hannitan Leather, Springs, Gauteng, SA.
Leathermarc, Bloemfontein, Free State, SA.
ABSA Agri Trends: Hides & skins prices
Johannesburg, Gauteng, SA (28 October 2021) - The current average hide price decreased by 4.3% to R5.11/kg from R5.34/kg a week ago. The current price is 42% lower than the average price a month ago and is 132% higher than the average price a year ago. The range of prices reported was as follows: Minimum price: R4.75 Maximum price: R5.80. 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 |
| 2021/09/09 |
9.78 |
|
|
| 2021/09/16 |
8.96 |
|
|
| 2021/09/23 |
8.89 |
|
|
| 2021/09/29 |
6.40 |
39.60 |
65.00 |
| 2021/10/07 |
6.27 |
|
|
| 2021/10/11 |
5.68 |
41.00 |
64.00 |
| 2021/10/21 |
5.34 |
45.00 |
64.00 |
| 2021/10/28 |
5.11 |
|
|
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:
Freestyle Genuine Handcrafted Leather, Cape Town, W. Cape, SA. Footwear and leather goods manufacturer
Freudenberg, Cape Town, W. Cape, SA. Textile supplier.
Contact us
News & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za
Next newsletter: November 8, 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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