S&V Weekly Newsletter Vol.9 No.40, October 2 2023
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Please note: Click on any ad to go to the advertiser’s website
Midland Tannery ‘considering options’
Wolwehoek, Free State, SA - Midland Tannery, which processes hides from the vertically integrated Midland Group’s feedlots from raw to wet blue, wet white and finished leather, “is considering its options”, GM Rudie Nieuwoudt confirmed on Friday, in response to speculation about its future.
He said a decision would be made by end October.
Kangol: SA footwear distribution rights unknown as Jumbo agreement ends
Pietermaritzburg, KZN, SA - Jumbo Footwear group subsidiary Foothills Trading & Investment 2 (Pty) Ltd’s distribution agreement with Kangol ends on 31 December, Dionne Prinsloo of Allied Agencies confirmed on Friday.
”We are currently in the process of winding down our involvement,” he wrote. “We have no idea who may continue with Kangol branded footwear in 2024.”
Sole Agents Distribution (Pty) Ltd distributes Kangol headwear in SA.
According to a report in Women’s Wear Daily on 02 February this year, Bollman Hat Company, the oldest hat maker in the United States, acquired a 51% stake and full intellectual property rights to Kangol from the UK-based Frasers Group.
“Bollman has held the license to develop and produce Kangol headwear since 2001. The deal will now allow Bollman to oversee Kangol’s complete portfolio, which includes apparel and accessories such as bags and wallets,” the report said.
Bollman did not respond to an enquiry from S&V regarding distribution rights in SA for Kangol.
Cape Union Mart sponsors film festival
Cape Town, W. Cape, SA - Cape Union Mart will be hosting the BANFF Centre Mountain Film Festival World Tour in SA for the 20th time. There will be a press launch at Egrek Cinema in Parkhurst, Johannesburg, on Thursday, 05 October.
We’re excited to extend an exclusive invitation to you. This year marks the 20th occasion that leading outdoor gear retailer, Cape Union Mart, has had the privilege of bringing one of the world’s premier mountain festivals, BANFF, to the sunny shores of South Africa. As a respected voice in the media, we’d be honoured to have you join us for this landmark celebration.
Truworths’, Woolworths’ annual reports
Cape Town, W. Cape, SA (Friday 29 September 2023) - Truworths advised that its 2023 integrated annual report which, inter alia, incorporates a summarised version of the Group’s audited annual financial statements for the period and contains the additional information required was published on the Group’s website: https://www.truworths.co.za/reports. The annual general meeting of Truworths' shareholders is scheduled to be held virtually through electronic participation only on Thursday, 9 November 2023 at 09h30 (CAT).
Cape Town, W. Cape, SA (Friday 29 September 2023) - The 2023 Integrated Annual Report, Good Business Journey Report and AFS for the 52 weeks ended 25 June 2023 are available online on WHL’s corporate website at: https://www.woolworthsholdings.co.za/investors/all-reports-and-results/. The AGM of shareholders of the Company will be held by way of a hybrid meeting on Wednesday, 22 November 2023 at 10:00.
In case you missed it!
The September issue of S&V Footwear & Leather Goods Magazine
S&V FOOTWEAR & LEATHER GOODS MAGAZINE VOL89 No9 September 2023
IN THIS ISSUE:
03 Upfront
- Angry reaction to Jim Green influencer claim that it is ‘one of the few, perhaps the only SA manufacturer who pays full rate plus bonuses’.
06 Exports
- Di Queen Designs: The intrinsic beauty of a practical product.
08 Headlines with Tinashe Mandirahwe
- Unexpected twist: could social media topple shopping giant?
- Commentary for footwear industry executives in Africa: Stay ahead.
- School shoe comfort is vital, according to Australian research.
- Schoolgirl sent home for designer shoes: Valuable insights for the footwear industry.
12 Counterfeits
- Bosch’s Origify digital platform ‘takes anti-counterfeiting to the next level’.
13 Sustainability
- Sustainability glossary, put together by APICCAPS: A guide to picking the right term for the application – AND helping you understand what this is all about.
15 Trade Statistics
- South Africa: July imports and exports of footwear and accessories, provided by SARS.
Advertisers in this Issue
APLF (05), BBF Safety Group (OFC), Evolution Engineering (08), Freestyle Genuine Handcrafted Leather (02), Royal Adhesive Industries (04), Saddler Belts (06), SAFLEC (09), S&V Calendar (13), S&V Directory (15), The Authentic Brands Company/Shoemaker’s Choice (01).
They Said It
2 very different responses to my description of my trip back from Italy in last week’s newsletter.
"And this is why I live in South Africa and not moving anywhere! We might have our issues, but nothing like Germany!! Sorry for your bad experience." - Allison Gans, G.W. Cowey & Co. Agencies, Durban, KZN, SA.
"Not sure your travel emotions need to be published in a trade magazine. You have proud German subscribers who will not take kindly to your rant. Tell your close friends and family…. Not subscribers." - Denzil Spolander, Fusion Leather/African Gameskin, Cape Town, W. Cape, SA.
New subscribers last week
John, Export Executive, Haniya Leather PVT LTD, South Africa
Aaron Chikungwa, Leather Technician, Aaron Leather Crafts, Springs, South Africa
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
Birthdays this week
02/10/1964: Mano Nair, Shoe Quip, Pinetown, KZN, SA.
02/10/1947: Ronnie Ackermann, Curio City, Knysna, W. Cape, SA.
02/10/1962: Johan Bezuidenhout, Hidskin Processors, Johannesburg, Gauteng, SA.
03/10/1969: André van der Merwe, Oasis Tanning, Krugersdorp, Gauteng, SA.
03/10/1969: Robby Stoller, Dangee Corporation, Johannesburg, Gauteng, SA.
04/10/1939: Basil Tannenbaum, XLNT Agencies, Johannesburg, Gauteng, SA.
05/10/1961: Russell Addinall, Studio Eclectica, Lions River, KZN, SA.
06/10/1998: Devan Kriel, Vellie Boutique, Boksburg, Gauteng, SA.
07/10/1969: Gunnar Halbich, Paul Moeller & Co, Cape Town, W. Cape, SA.
08/10/1954: Dionne Prinsloo, Allied Agencies, Westville, KZN, SA.
08/10/1970: Sharon Bekker, Prima Style, Cape Town, W. Cape, SA.
08/10/1943: Willie van Vuuren, Fergom (SA), Southport, KZN, SA.
08/10/1973: Robert O'Connell, Bader SA, Pretoria, Gauteng, SA.
In memoriam this week
02/10/1998: Sarel Roets, Leatherite, Pretoria, Gauteng, SA.
06/10/2016: Ernie Aaron (b. 21/05/1922), agent, Durban, KZN, SA.
08/10/2011: Johannes Antonius Olde-Olthof (b. 11/10/1928), Tarzan Shoes, Tulbagh, W. Cape, SA.
08/10/2017: Michael Piccione (b. 27/03/1963), KMP 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.
Directory entries updated last week
Allied Agencies, Westville, KZN, SA.
Leslie’s Footwear, Westville, KZN, SA.
Exchange rates
Note: For previous rates, see HERE
1. SA Rand (ZAR)/Lesotho Loti (LSL)/Namibian Dollar (NAD)/Swazi Lilangeni (SZL)
Source: http://www.x-rates.com/calculator/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 02/09/2023 |
R20.30 |
R23.73 |
R18.84 |
R2.59 |
| 09/09/2023 |
R20.46 |
R23.84 |
R19.12 |
R2.60 |
| 16/09/2023 |
R20.25 |
R23.52 |
R18.99 |
R2.61 |
| 26/09/2023 |
R20.14 |
R23.18 |
R19.05 |
R2.61 |
| 30/09/2023 |
R20.01 |
R23.06 |
R18.90 |
R2.29 |
2. Botswana Pula (BWP)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 02/09/2023 |
14.54 |
16.99 |
13.49 |
1.85 |
| 09/09/2023 |
14.74 |
17.17 |
13.77 |
1.87 |
| 16/09/2023 |
14.56 |
16.91 |
13.66 |
1.88 |
| 26/09/2023 |
14.45 |
16.63 |
13.67 |
1.87 |
| 30/09/2023 |
14.49 |
16.70 |
13.69 |
1.88 |
3. Malawian Kwacha (MWK)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 02/09/2023 |
1157.71 |
1352.90 |
1074.37 |
147.96 |
| 09/09/2023 |
1161.95 |
1353.19 |
1085.47 |
147.93 |
| 16/09/2023 |
1173.59 |
1361.84 |
1099.53 |
151.14 |
| 26/09/2023 |
1158.69 |
1333.66 |
1096.36 |
150.10 |
| 30/09/2023 |
1146.73 |
1321.72 |
1083.42 |
148.98 |
4. Zambian Kwacha (ZMW)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 02/09/2023 |
21.98 |
25.68 |
20.40 |
2.80 |
| 09/09/2023 |
22.27 |
25.94 |
20.80 |
2.83 |
| 16/09/2023 |
21.99 |
25.52 |
20.60 |
2.83 |
| 26/09/2023 |
21.90 |
25.21 |
20.72 |
2.83 |
| 30/09/2023 |
22.31 |
25.71 |
21.08 |
2.89 |
5. Zimbabwean Dollar (ZWL$)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
CNY ¥ |
Official US$ |
| 02/09/2023 |
389.97 |
455.67 |
49.84 |
4609.85 |
| 09/09/2023 |
387.33 |
451.17 |
49.32 |
4648.38 |
| 16/09/2023 |
385.84 |
448.23 |
49.86 |
4829.68 |
| 26/09/2023 |
382.46 |
440.22 |
49.50 |
5215.95 |
| 30/09/2023 |
383.04 |
441.49 |
49.76 |
|
Note: For previous rates, see HERE
ABSA Agri Trends: Hides & skins prices
Johannesburg, Gauteng, SA (28 September 2023) - The average hide price increased by 0.03% to R3.34/kg from R3.39/kg in the previous week. The current price is 9.2% higher than the average price a month ago and 28.0% lower than the average price a year ago. The range of prices reported was as follows: Minimum price: R2.75 Maximum price: R4.50. 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:
Kingon’s, East London, E. Cape, SA. Department store.
Kingsley Heath, Durban, KZN, SA. Men’s, women’s and children’s fashion retailer.
Contact us
News & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za
Next newsletter: October 9, 2023.
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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