S&V Weekly Newsletter Vol.9 No.18, May 2 2023

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Long weekend trading

'Quite good' probably sums it up

Mark Kingon, Kingon's
East London, E. Cape, SA - We opened on the 27th and closed on the1st
      We were running a birthday sale of 20% off everything for the Thursday, Friday and Saturday. Thursday was very poor, Friday was very good and Saturday seems to be slow but Ok!
      The month of April has generally been rather good with school sales driving everything (school went back to 2nd term winter).

Greg Bing, A.P. Jones
Fish Hoek, W. Cape, SA - We traded well on the Wednesday, at the start of the long weekend. Whether this was due to an influx of visitors to our area or not, I cannot say.
      Thursday was interesting as we normally close on public holidays. We advertised on Facebook and to our mailing list that we would be open and trade was “ok” at best. I would probably have to say that we were satisfied with the turnover.
      Trade was good on both Friday and Saturday,  but we were not rushed off our feet. Saturday felt slightly busier because we were short staffed in our ladies section.
      A.P. Jones was closed on Sunday and Monday. A nice refreshing time for my staff.

Contribution Tribunal

TFG gets approval for Street Fever takeover

Cape Town, W. Cape, SA - The Tribunal has approved, subject to employment and local procurement related conditions, the proposed merger whereby Foschini Retail Group (Pty) Ltd intends to acquire the business conducted under the Street Fever business name from BMT Street Fever (Pty) Ltd.
      Post-merger, the Street Fever business will be solely controlled by Foschini, and by extension, The Foschini Group (“TFG”).
      In line with the conditions imposed by the Tribunal, for 3 years after the merger’s approval date, the merged entity will keep a record of retrenched employees and notify them of any employment opportunities that arise, taking into consideration qualifications, expertise and physical location. In addition, the merged entity will not retrench any employees as a result of the merger for a period of 3 years from the transaction’s approval date.
      On local procurement, the merged entity will replace imported apparel and footwear products with those from local manufacturers for a specified period and value. A portion of the spend must be geared towards small businesses owned by historically disadvantaged persons.
      TFG is a South African chain-store group with fashion and lifestyle retail brands offering clothing, cosmetics, jewellery, sporting apparel and equipment, cell phones, mobile technology products, homeware and furniture. TFG’s retail offering is available in-store and online. Relevant to the proposed transaction are TFG’s lifestyle fashion retail chains i.e. Totalsport, Sports Scene, Archive and Sneaker Factory.
      The target business is a South African retailer of branded lifestyle and sports-inspired “athleisure” footwear, apparel and accessories presently conducted under the business name “Street Fever”. Street Fever has stores across South Africa and its retail offering is also available online.

Occupational Safety & Health

UNIDO launches OSH course targeting tanneries

Vienna, Austria - Annually, 28 April is observed as both 'World Day for Safety and Health at Work' and 'International Commemoration Day for Dead and Injured Workers', which is why the United Nations Industrial Development Organisation (UNIDO) chose that day to launch a new course, Occupational Safety and Health Aspects of Leather Manufacturing (OSHALM).
      Full details will be carried in the May issue of S&V African Leather later this week.
 

They Said It

"In my case, at this time in my life, my birth date is highly classified information." - Sherald Sheodin, Ace Components, Pinetown, KZN, SA.

New subscribers last week

Jeremy Nel, Rocky South Africa, Durban, South Africa
Sibu Langa, Project Manager, Langalemvelo Systems, Johannesburg, South Africa
Derek Krige, Retired Footwear Agent, D K Agencies, Cape Town, South Africa

Directory entries updated last week

Africa Soul Footwear Manufacturers (Pty) Ltd, Pinetown, KZN, 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

01/05/1931: Bill Ramage, retired, formerly Apeco [closed], Cape Town, W. Cape, SA.
01/05/1932: George Wilkens, emigrated, formerly Martin Johnson [closed], Pietermaritzburg, KZN, SA.
01/05/1961: Ronell Nieuwoudt, Suzi Q, Phalaborwa, Limpopo, SA.
01/05/1962: Tanya Vosloo, Greystone Trading 387, Cape Town, W. Cape, SA.
02/05/1956: Dave Robertson, emigrated, formerly Bushy Marketing, Pinetown, KZN, SA.
03/05/1949: Sam Wells, Malome Leather Technologies, Boksburg, Gauteng, SA.
03/05/1951: Ron Rink, retired, formerly Puma, Cape Town, W. Cape, SA.
03/05/1953: Alex Leith, left the industry, Durban, KZN, SA.
03/05/1964: Rafique Vahed, Casual Boyz, Estcourt, KZN, SA.
03/05/1972: Afzal Deedat, Speed Zipper, Durban, KZN, SA.
04/05/1940: Isaac James, retired, formerly Step High Shoe Boutique, Cape Town, W. Cape, SA.
04/05/1948: Martin Nefdt, agent, Port Elizabeth. E. Cape, SA.
04/05/1954: Norman Zoghby, Atlantic Protective Clothing, Johannesburg, Gauteng, SA.
05/05/1963: Pradeep M Bhoola, Hardy's Outfitters, Pretoria, Gauteng, SA.
05/05/1967: Vernon Lotter, Comfy Feet Shoes, Jeffery’s Bay, E. Cape, SA.
06/05/1932: Yusuf Sayanvala, Westgate Wholesalers, Brits, N.W. Province, SA.
06/05/1979: Stelio Krystallidis, K-West/Fashion Trims, Johannesburg, Gauteng, SA.
07/05/1947: Mike Rolfe, retired, formerly Barker Footwear, Cape Town, W. Cape, SA.
07/05/1955: Mark Tovey, retired, formerly Global Golf, Johannesburg, Gauteng, SA.
07/05/1956: Mahomed Vahed, All Shoes & Luggage, Estcourt, KZN, SA.
07/05/19??: Gerard Aarnikhof, formerly Angels Shoes, Cape Town, W. Cape, SA.

05/05/2001: Raj Kallichurum (b. 23/02/1954), Shoe Component Supplies, KwaDukuza, 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.

3. Malawian Kwacha (MWK)

Source: https://www.xe.com/currencyconverter/

4. Zambian Kwacha (ZMW)

Source: https://www.xe.com/currencyconverter/

5. Zimbabwean Dollar (ZWL$)

Source: https://www.xe.com/currencyconverter/

Note: For previous rates, see HERE

ABSA Agri Trends: Hides & skins prices

Johannesburg, Gauteng, SA (20 April 2023) - The current average hide price decreased by 0.6% to R3.36/kg from R3.38/kg a week ago. The current price is 11.1% lower than the average price a month ago and 34.3% lower than the average price a year ago. The range of prices reported was as follows: Minimum price: R3.12 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, and Zama Sangweni, agricultural economist, Absa group.

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:
Johann Nel Designs, Industria West, Johannesburg, Gauteng, SA. Leather furniture manufacturer.
Jola Boutique, Nelspruit, Mpumalanga, SA. Women's shoes, bags and clothing.

Classified Adverts

Ostrimark Tannery for sale

Erf 6575, Rautenbach St, Grahamstown

R 4 200 000 excl VAT

This 2800 m² property is zoned Industrial and classified as a noxious industry in terms of the Town Planning Scheme.
 
Excellent potential for light and heavy industry, this high-ceiling building alone contains endless potential for conversion into diverse applications such as storage rental, etc. with expansive grounds, parking and loading bays. High potential for conversion back into tanning purposes since partially fitted with cold-storage room, effluent plant, wooden dye drums, hot water boiler tanks, Aquamix / Hüni water system, toggle unit etc. Exceptional value for money.

Contact Paola +27 (0)44 203 3200 or 078 7661677.