S&V Weekly Newsletter Vol.8 No.02, January 10 2022
Please note: Click on any ad to go to the advertiser’s website
We wish all readers a very happy, peaceful and profitable New Year.
SA retailers 'prepared to take stock delayed by Far East issues'
Cape Town, W. Cape, SA – On 03 January, Footwear News speculated on the effects of late deliveries as follows:
Back to school
Palm: Raring to go
By Rajeev Pattundeen, MD
Gem Schoolwear: Positive response
By Idris Pandor, MD
Stock Exchange News Services (SENS)
Pepco Group CEO to step down
Cape Town, W. Cape, SA (05 January 2022) – Shareholders are advised that Steinhoff’s subsidiary Pepco Group released an announcement regarding the decision of its Chief Executive Officer, Andy Bond, to step down at the end of March 2022 on health grounds. The announcement is available on the Pepco Group website (www.pepcogroup.eu/).
Pepkor - appointment of non-executive director
Cape Town, W. Cape, SA (04 January 2022) – In accordance with paragraphs 3.59(a) and 6.39(a) of the JSE Ld. Listings and Debt Listings Requirements, respectively, the board of directors of the Company wishes to advise shareholders and noteholders that Pieter Erasmus has been appointed as a non-executive director to the Board of Pepkor, with effect from 12 January 2022.
Durban, KZN, SA – Ron MacNiven, who started his footwear career at Bata Zimbabwe in then Gwelo, and was most recently with Decofurn here, died yesterday after a long illness, aged 77. An obituary will follow in S&V Footwear & Leather Goods, due out on Friday.
They Said It
"I notice that I have once again made the Weekly Birthday Honours List. I must say It gives one such a frisson to see one's name in print - especially when it's not at the head of either a summons or a police charge sheet. I hope I may be forgiven for making the rather melancholy observation though : that this week I recognised more names from ' in Memoriam ' than in the ' Birthdays' list ! I wish you and yours a great New Year Tony, along with all my old comrades-in-arms that might remember me from my days in the trenches. I'm not a praying man but my thoughts are with our country's footwear industry and everyone involved in it. Fondest regards, 600/2096 LLOYD, D. J. Lance Corporal, 'B' Company, 2nd Battalion, Bata Imperial Guard (Retired)" - Dave Lloyd, Former Bata SA staff member. Could you wish for a more entertaining 'happy New Year' than that?
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? - firstname.lastname@example.org
10/01/1947: Pieter de Villiers, Shoes & Do’s, Pretoria, Gauteng, SA.
In Memoriam this week
13/01/2021: Rajen Pillay, SOP Trading, 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.
1. 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 prices
Johannesburg, Gauteng, SA (15 December 2021) - The current average hide price increased by 3.4% to R5.50/kg from R5.30kg a week ago. The current price is 18% higher than the average price a month ago and is 40% higher than the average price a year ago. The range of prices reported was as follows: Minimum price: R4.94 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.
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, email@example.com
Next newsletter: January 17, 2022.
Our website www.svmag.co.za