S&V Weekly Newsletter Vol.10 No.29, July 15 2024Please note: Click on any ad to go to the advertiser’s website
Shipping: Again, a spike in delays, and container prices stay highDurban, KZN, SA – Shipping from the Far East via Durban harbour is currently seeing a spike in delays, according to Shaun Ribbink of synthetic upper material importer A. Greenaways (Natal). Non-functional equipment in Durban is the biggest single cause, but there are also issues with the turnaround times of vessels to- and from China, with goods there awaiting vessels.
Masterplan: Retailers ‘being encouraged’ to talk to manufacturersCape Town, W. Cape, SA – Following a request in May by former Minister of Trade, Industry & Competition, Ebrahim Patel, at a Retail-CTFL Masterplan weekly PMO meeting, “all retailers who were signatories of the Masterplan are being encouraged to meet with footwear manufacturers, on a one-on-one basis, to see what local footwear manufacturers can competitively offer”, National Clothing Retail Federation of SA (NCRF) executive director Michael Lawrence said last week.
WAM: Thin pickings in KZN CBDDurban, KZN, SA – Like so many others, WAM Agencies GM Wayne Matthysen says business conditions are the worst he’s ever experienced.
Shadows: Awaiting outcome of court caseDurban, KZN, SA – The 6-store Shadows Group minichain, whose stores were sealed by the Sheriff of the Court 5 weeks ago, “are closed CURRENTLY”, director Mohamed Nazeem Alli said in an email last week, in response to a belief among creditors that the group is in liquidation.
Deco Memories: Depending on touristsMorné Pienaar, director
Upmarket sports stores for BallitoBallito, KZN, SA – Ballito Junction Regional Mall, north of Durban, has added 2 specialist sports store tenants during its revamp. It said The Pro Shop and Cycle Lab were “a perfect fit for the large golfing and cycling community in our area”.
They Said It"Pretty sure that without the use of animals or plants or plastic products we will all be walking around naked one of these days.😊 At least we will be lean as there will also be nothing to eat." - Susan Swart of the SA Taxidermy & Tannery Association (SATTA) on growing global movements to recognise the sentience and consciousness of animals and, increasingly, plants.
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
New subscribers last weekHisham, Designer, Orsala Overseas, Chennai, India
Birthdays this week15/07/1933: Joe Powell, formerly Footwork, Johannesburg, Gauteng, SA, retired to Uvongo, KZN, SA.
In memoriam this week15/07/2020: Carlo Longano (b. 22/08/1956), Bodynamics Institute [closed], Cape Town, W. Cape, 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 weekDeco Memories (Pty) Ltd, Knysna, W. Cape, SA.
Exchange ratesNote: For previous rates, see HERE
2. Botswana Pula
3. Malawian Kwacha (MWK) (buying)
4. Zambian Kwacha (ZMW) (buying)
Note: For previous rates, see HERE
ABSA Agri Trends: Hides & skins pricesJohannesburg, Gauteng, SA (11 July 2024) - The average hide price decreased by 0.04% to 3.208/kg from R3.209/kg a week ago. The current price is 0.1% lower than the average price a month ago and 4.8% lower than the average price a year ago. The range of prices reported was as follows: Minimum price: R3.00 Maximum price: R3.25. Price movements will be highly influenced by developments in the status of our animal diseases. 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 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:
THIS WEEK LAST YEAR!Tinashe Mandirahwe of RetailFundi.com wrote about "Gen Z’s contribution to the rise of counterfeits in fashion"
THIS WEEK FIVE YEARS AGO!!5 Retailers reported a quite week of trading.
NEWSLETTER ARCHIVEAll the past S&V Weekly Newsletters from January 2016 onwards are available in the newsletter archive.
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Contact usNews & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za Next newsletter: July 22, 2024. Ad and editorial deadline Friday 19 July. 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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