S&V Weekly Newsletter Vol.8 No.50, December 12 2022Please note: Click on any ad to go to the advertiser’s website
December trading - a slow startDurban, KZN, SA – December trading so far "has been on the downside" by comparison with last year, said Ashika Dhanampal of men's boutique Fellows Boutique in the CBD. She said Black Friday had also been a disappointment. "We were expecting fireworks, but it was just like a normal Friday," she said.
VF Corporation CEO retires as forecast revised downApparel group VF Corporation last week announced the retirement of chairman, president and CEO Steve Rendle - a move which FN Daily headlined: 'VF Corp. Is the Latest Major Footwear & Apparel Firm to Lose a CEO Amid a Turbulent Time for the Industry.' VF's announcement included a revised financial outlook for its 2023 financial year "to reflect the impact of weaker than anticipated consumer demand". Below are extracts.
Profits down, sales up for boot maker Dr MartensTinashe Mandirahwe, former owner of Cathula Sandals in Harare, Zimbabwe, was part of the brain drain from that country, and now describes himself as a 'Canadian Businessman and Retail Analyst'. He retains an interest in footwear, and sends S&V an occasional article on some aspect of the footwear business. Here he writes about Doc Martens' results.
Death noticeDurban, KZN, SA – Dave Buckingham, founder, with his wife Barbara, of Royal Adhesives, died on 04 December, aged 75. An obituary will follow in the January issue of S&V Footwear and Leather Goods.
In case you missed it! The latest issue of S&V Protect MagazineS&V PROTECT MAGAZINE VOL16 NO4 FOURTH QUARTER 2022
They Said It"I help out at the ratepayers' association and the DA office and I try to stay out of Johnny's hair." - Louise Pelser, former SAFLEC staff member now retired to Philippolis, Free State, SA. She is also a wonderfully entertaining correspondent who is still passionate about the local footwear manufacturing industry.
Directory entries updated last weekBBF Safety Group, Pinetown, KZN, SA.
New subscribers last weekJayne, Manager, Soft Wear (Pty) Ltd, Johannesburg, South Africa
Trade fairs updated last week26-28 September 2023: allfashion Sourcing, Cape Town, W. Cape, SA.
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
12/12/1937: M Kadwa, Umzinto Wholesalers, Umzinto, KZN, SA.
14/12/2016: Allan Capell, (b. 01/07/1932), Capelli [closed], 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 ratesNote: For previous rates, see HERE
2. Botswana Pula (BWP)
3. Malawian Kwacha (MWK)
4. Zambian Kwacha (ZMW)
Note: For previous rates, see HERE
ABSA Agri Trends: Hides & skins pricesJohannesburg, Gauteng, SA (08 December 2022) - The current average hide price decreased by 1.1% to R4.18/kg from R4.23/kg a week ago. The current price is 9.8% lower than the average price a month ago and 19.6% lower than the average price a year ago. The range of prices reported was as follows: Minimum price: R4.00 Maximum price: R5.00. Please note: 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. Note: For previous prices, see HERE
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 AdvertsAgencies soughtProfessional and very experienced agent, with extensive chain and retail customer list, seeks agencies for the Western Cape. - Skip Bradfield (0)82 477 7312, skipbradfield@gmail.com
Sewing Machine Mechanic/Technician seeks positionPREMCHAND HARIPERSAD. I have 34 years combined experience as a machinist/mechanic. Currently a qualified sewing machine mechanic. My qualification was obtained at ‘London City of Guilds institute’. During my tenure in the industry I have serviced and fixed high quality machinery that production depended on. Passion and skill for the industry assisted me in obtaining world class experience which I thoroughly enjoy not just as a job but more as my hobby. This allows me to exceed expectations of technical demands and standards ensuring maximum production at all times. Based in Durban CV available +27 78 151 7752 +27 67 047 3952 haripersadpremchand@gmail.com
Contact usNews & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za Next newsletter: December 19, 2022. 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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