S&V Weekly Newsletter Vol.10 No.04, January 22 2024

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Back-to-school

Slower in country areas?

Jannie Vermeulen, Ekspa/Adno’s
Benoni/Brakpan, Gauteng, SA – The kids are back at school now, so it’s quietened down a bit, but now they’re coming in for the sports shoes. I supply other school wear retailers with hair accessories, and they’ve all told me they’ve been very busy. Overall, it’s been a very good back-to-school period.

Dada Segwe, Bontsho Bosweu Shop
Vryburg, N.W. Province, SA – Back-to-school is normally a big part of the business, but like everything else, it’s been slow this year. Driving around town, it looks like other retailers are also quiet.

Khalid Anwary, Anwary’s
Butha-Buthe, Lesotho – After the 16th it dropped by 40%. Let's see what happens next week.

Ismail Kajee, Favourite Sports
Newcastle, KZN, SA – It’s been steady – not up on last year, but reasonable. We ordered in advance, and most of the stock was here in time.

Stock Exchange News Service (SENS)

Richemont 3rd quarter: Luxury market growth, despite global unrest

Geneva, Switzerland (08.13, Thursday 18 January 2024) – Highlights for the quarter ended 31 December 2023.
*Sales up by 8% at constant exchange rates and by 4% at actual exchange rates to EUR 5.6 billion, notwithstanding a continued uncertain macro-economic and geopolitical environment.
*Growth across almost all regions, primarily driven by Japan, Asia Pacific and the Americas.
*Channel performance led by retail, up 11% and 6% at constant and actual exchange rates, respectively, with increases across all business areas.
*Growth across most business areas with Jewellery Maisons continuing to generate the strongest performance (+12% and +6% at constant and actual exchange rates, respectively).
*The Group's net cash position further improved to EUR 6.8 billion, reflecting solid trading performance and proceeds from exercise of warrants under the 2020 shareholder loyalty programme.

In case you missed it!

The January issue of S&V African Leather Magazine

CLICK HERE TO VIEW IT ONLINE

S&V AFRICAN LEATHER MAGAZINE VOL18 No1 January 2024

IN THIS ISSUE:

02 Sam Setter’s ‘Pills’
- A new quip from Sam Setter in each issue.

04 Upfront
- Hides, skins and semi-processed leathers: Starting with a positive mindset, says Cape Produce Company director Greg Feinberg.
- Exotics: Ostrich leather and feathers are benefitting from strong relationship with brands, says SA Ostrich Business Chamber CEO Piet Kleyn.
- Education: Industry members against the decision to shut down the Institute for Creative Leather Technologies at the University of Northampton are planning a meeting, writes SATRA assistance director Dr Christine Anscombe.

08 Load Shedding
- Mossop Leather has overcome load shedding, and other tanneries are following similar paths.

11 An Eclectic View
- Non-fossil dyes – a look at the alternatives, by H. Procter.

12 Weights & Measures
- Compiled by the ISTT.

13 Sustainability
- Successful audits for Namibian tanneries, and plans for more projects in Africa – by Sustainable Leather Foundation MD Deborah Taylor.
- Synthetic wigs, weaves and extensions given new life in a new project by Alisam Products Development founder Newton Owino.

17 Notice Board
- Obituary for former Boehme Africa MD and CEO Dietmar Theilig.

20 Trade Statistics
- South African hides, skins and leather exports and imports for November 2023, compiled by SA Revenue Services.



Advertisers in this Issue
APLF (03), Authenticae (05), International School of Tanning Technology (ISTT) (07), Mimosa (10), Rolfes Leather Division (OFC), S&V Calendar (01), S&V Directory (15), Southern African Footwear & Leather Export Council (SAFLEC) (09), Sustainable Leather Foundation (02).

They Said It

"After 43 years as an agent in the Western Cape I have decided it’s time to go surfing in the week when the grommets are at school." - Commission agent Trevor Espey.

New subscribers last week

Carlos Moreira, Sales Consultant, Matobo Tanning, Bulawayo, Zimbabwe
Willem H. Antonius, Production supervisor, Meatco Okapuka Tannery, Windhoek, Namibia
Steven, Sales rep, Berzacks, Durban, South Africa
Reggie Moodley, Director, Maru Solutions, Midrand, South Africa
Cheryl Andre, Head: Human Capital & Legal Compliance, Intershu Distributors Pty Ltd, Germiston, South Africa
Zola, Director, Saphila Emuseni, Pinetown, 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

23/01/1943: Pat Ward, left industry, ex-RPM Shoes [closed], Durban, KZN, SA.
23/01/1944: Gerrie Botha, Steps Shoes @ Barclay, Pretoria, Gauteng, SA.
23/01/1964: Lesley Williams, Lesley Williams Agencies, Bulawayo, Zimbabwe.
24/01/1969: Yolander Lotter, Comfy Feet Shoes, Jeffrey’s Bay, E. Cape, SA.
25/01/1951: André Pelser, retired, formerly Mossop-Western Leathers, Wellington, W. Cape, SA.
25/01/1973: Reggi Xaba, Zetu Shoes, Durban, KZN, SA.
25/01/1979: Gareth Mouton, African Leather & Skins, Paarl, W. Cape, SA.
26/01/1958: André Compion, PMC, Pinetown, KZN, SA.
26/01/1962: PT Harrower, C&B Harrower Agencies, Johannesburg, Gauteng, SA.
26/01/1973: Lou Harvey, Lou Harvey (Company), Durban, KZN, SA.
26/01/1982: Adeeb Moosa, Deebo Sales, Cape Town, W. Cape, SA.
26/01/19??: Jeetesh Ambaram, JFK Trading, Durban, KZN, SA.
27/01/1969: Ashraf Saley, Nizam’s Enterprises, Azaadville, Gauteng, SA.
27/01/1985: Mpumi Mazibuko, Leather Zulu, Randburg, Gauteng, SA.
28/01/1944: Martina van Jaarsveld, Martina Shoe Boutique, Brandhof, Free State, SA.

In memoriam this week

22/01/1997: Charles Lintner, Bata SA, Pinetown, KZN, SA.
25/01/2014: Barry Kruger (b. 20/06/1944), Richleigh Shoes [closed] and Corrida Shoes, Pietermaritzburg, KZN, SA.
26/01/2006: Victor Ronald (Vic) Van Der Weele (b. 21/10/1916), SA Mercantile [closed], Cape Town, W. Cape, SA.
27/01/2008: Jacob Anagnostakis (b. 03/04/1929), Watson Shoes, Great Brak River, W. Cape, SA.
28/01/2004: David Aaron (b. 12/03/1939), Natal Shoe Components/Natalie Footwear [closed], Durban, KZN, SA.
28/01/1997: Peter O'Brien, Buckman Laboratories, Hammarsdale, 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 (19 January 2024) - The average hide price decreased by 0.52% to R3.27/kg from R3.29/kg in the previous week. The current price is 0.49% higher than the average price a month ago and 21.2% lower than the average price a year ago. The range of prices reported was as follows: Minimum price: R3.14 Maximum price: R3.50. 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:

Espadril, Cape Town, W. Cape, SA. Footwear manufacturer.
Handy Garments, Laudium, Gauteng, SA. PPE reseller.

Contact us

News & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za

Next newsletter: January 29, 2024.

SAFLIA enquiries: Tel 0800SAFLIA * Email info@saflia.co.za * Website http://www.saflia.co.za

Our website www.svmag.co.za