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S&V Weekly Newsletter Vol.10 No.32, August 05 2024

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Please note: Click on any ad to go to the advertiser’s website

 

Fire destroys 2 footwear component factories

Pietermaritzburg, KZN, SA – 2 footwear component factories were completely destroyed in a fire over the weekend. A group of 5 adjacent factories were burnt down.
      KNL Tool & Die, which manufactures built and trim soles, and moulded PVC and TPR units, lost machinery, raw material stocks and finished goods, director Sagran Naicker said this morning. “I can’t put a value on it,” he said, “but the loss is in the millions.”
      He said the plant had been making approximately 800 pairs/day for customers in Pietermaritzburg, Durban and Johannesburg.
      He couldn’t estimate how long it would take to re-open.
      CMT upper manufacturer Divine Shoes was the other affected footwear component manufacturer. MD Nellan Pillay could not be reached for comment.

 

 

Beier Group appoints CEO

Sergio Guerrera, Euro Industrials Pinetown, KZN, SA – The Beier Group, which includes BBF Safety Group, Neucoat, Beier Envirotec, and Beier Drawtex Healthcare, has appointed Warren Sachs as CEO.
      A full report will be carried in the August edition of S&V Footwear & Leather Goods.

 

 

Wage agreements to cover all parties

Durban, KZN, SA - Following a Special Council Meeting on 01 August, the National Bargaining Council of the Leather Industry of SA will now forward an application to the minister to extend all 3 collective agreements and Agency Shop, covering Footwear, General Goods and Tanning, to non-parties, NBC general secretary Ilhaam Ryneveld confirmed last week.

 

SAFLEC staff member leaves

Durban, KZN, SA - Priya Ramklawan, project officer for SAFLEC and the eThekwini Footwear & Leather Cluster, has resigned to pursue a new career. An advertisement for a replacement person is carried below.

 

 

In case you missed it!

The July issue of S&V Footwear & Leather Goods Magazine

S&V Footwear & Leather Goods Magazine Vol90 No7 July 2024

IN THIS ISSUE:

03 Upfront
- Has Nike’s greed come back to haunt it?
- Relationships have to be more equal, says Mike’s Sports’ Mike Augoustides.
- Springbok sponsors – as a sports shop, we can’t get a single jersey, says Action Sports Retailers’ Theo Koutsoudis.
- Their strategy hasn’t unfolded as they expected, says The Vault/American Clothing’s Kamlesh Chagan.
- I’ve ‘filled the gap’, thank you, says L. Cohen Outfitters’ Martin Cohen.
- Others have taken their place, says McCoy’s Outfitters/Playboy Sports’ Iqbal Mahomed.
- Kappa launches Kaizer Chiefs’ replica range.

14 Headlines with Tinashe Mandirahwe
- Shein and Temu face uncertain times in SA amid high tariff push.
- From traditional dress to sneakers – a Japanese success story.
- Skechers-Shein partnership: Dilution or strategic expansion?
- Celebrity-favoured Golden Goose reveals staggering debt ahead of IPO.
- Nike unveils Hyperice Boot – a game-changer or just hype?

21 Export & Trade
- Expanding horizons: Leveraging African trade opportunities with SAFLEC’s outward selling missions, by Nerisha Jairaj.

22 Sustainability
- SGS adds to its ‘green’ certificates.

23 Notice Board
- Obituary: Stephan Berrill, who was happiest as a technical shoemaker.



 

 

They Said It

"We are all just prisoners here of our own device." - From Hotel California, by The Eagles, 1976.

 

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

05/08/1933: Roberto Marchesi, designer, Cape Town, W. Cape, SA.
05/08/1943: Barry Selby, The Athlete’s Foot, Cape Town, W. Cape, SA.
05/08/1953: Iqbal Moosa, Jumbo Footwear, Pietermaritzburg, KZN, SA.
05/08/1956: Rafiq Shah, Evoné, Pietermaritzburg, KZN, SA.
05/08/1961: Vaughn van der Merwe, World of Workwear, Germiston, Gauteng, SA.
05/08/1964: Christo Nel, Conloo Joinery, Welkom, Free State, SA.
05/08/1979: Deepesh Ghela, National Adhesive Manufacturers, Pietermaritzburg, KZN, SA.
06/08/1953: Naren Pattundeen, Palm group, Durban, KZN, SA.
06/08/1951: Marius Ferreira, retired, formerly Bolton Footwear, Great Brak River, W. Cape, SA.
06/08/1942: Mahomed Farouk Moosa Seedat, Prince International, Durban, KZN, SA.
06/08/1959: Mano Chetty, Borage Trading, Pinetown, KZN, SA.
06/08/1979: Anke-Maree Nefdt, Martin Nefdt Agencies, Port Elizabeth, E. Cape, SA.
07/08/1951: Frik Janse van Rensburg, retired to Margate, KZN, formerly Game Skin & Leather Tanning (closed), Brits, N.W. Province, SA.
08/08/1950: Eldon Fortmann, retired, formerly Bagshaw, Port Elizabeth, E. Cape, SA.
08/08/1953: Doug Hawkey, emigrated to Australia, formerly Columbia Marketing/Apex Components [closed], Pinetown, KZN, SA.
08/??/???? Linda Davie, S&V Magazine, Durban, KZN, SA.
08/08/1986: PG Needham, Needham Leather Goods, Pretoria, Gauteng, SA.
09/08/1988: Waseem Carrim, Bossini Collezione D'Italia, Rustenburg, N.W. Province, SA.
10/08/1951: Kevin Davidow, Nakara Leather, Namibia.
10/08/1963: Grant Hansen, Fusion Leather, Cape Town, W. Cape, SA.
10/08/1968: Julius Govender, Michelle Footwear, Durban, KZN, SA.
10/08/1971: Shane McEvoy, Dodo Shoes, Cape Town, W. Cape, SA.
11/08/1953: Andy Stern, Intershu, Johannesburg, Gauteng, SA.
11/08/1978: Natashia Singh, Palm Footwear, Durban, KZN, SA.

 

In memoriam this week

05/08/2002: Darryl Austin (b. 21/02/1947), Austin Shoes, Karmino Shoes [both closed], Pietermaritzburg, KZN, SA.
06/08/2012: Bob Johnsen (b. ?), Picannini Shoes [closed], footwear designer, Durban, KZN, SA.
06/08/2021: Ben Peters (b. 30/09/1934), Tuftex, Port Elizabeth, E. Cape, SA.
08/08/2010: Gareth Davies [b. 02/04/1945], Edcon [closed], Johannesburg, Gauteng, SA.
08/08/2019: Ben Cartoon (b. 08/10/1946), Paris Belts, Johannesburg, Gauteng, SA.
09/08/2013: Daniël Bruwer (Stoffel) Matthis (b. 04/05/1934), SHALC and many meat industry bodies, Pretoria, Gauteng, SA.
09/08/2020: John Kellett (b. 25/10/1939), Durata Shoe Works [closed], Cape Town, W. Cape, SA.
09/08/2020: Suliman Mohamed Ahmed (b. 21/05/1949), Shoe Valley, Benoni, Gauteng, SA.
10/08/2006: Abdool Kader (AK) Seedat (b. 12/03/1933), agent, Durban, KZN, SA.
11/08/2011: Ken Riches (b. 15/07/1922), LIRI [closed], educator, Port Elizabeth, E. Cape, SA.
11/08/2022: Walter Kassier (b. 12/01/1946), Eston Leather [closed], Eston, 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

Christin’s Manufacturers (Pty) Ltd, Cape Town, W. Cape, SA.
Sole Agents Distribution (Pty) Ltd, Johannesburg, Gauteng, 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 ¥
01/06/2024 R20.41 R23.96 R18.81 R2.59
08/06/2024 R20.40 R24.02 R18.87 R2.60
18/06/2024 R19.47 R23.03 R18.16 R2.50
23/06/2024 R19.22 R22.74 R17.97 R2.47
29/06/2024 R19.44 R22.95 R18.14 R2.49
07/07/2024 R19.74 R23.35 R18.23 R2.50
13/07/2024 R19.60 R23.32 R17.96 R2.47
20/07/2024 R19.89 R23.61 R18.27 R2.51
27/07/2024 R19.88 R23.55 R18.29 R2.52
03/08/2024 R19.92 R23.39 R18.27 R2.55
 


2. Botswana Pula

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

 
  Euro € GBP £ US $ CNY ¥
01/06/2024 14.74 17.31 13.59 1.87
08/06/2024 14.82 17.45 13.71 1.89
18/06/2024 14.52 17.18 13.55 1.86
23/06/2024 14.45 17.11 13.52 1.86
29/06/2024 14.53 17.15 13.56 1.86
07/07/2024 14.76 17.46 13.63 1.87
13/07/2024 14.70 17.49 13.47 1.85
20/07/2024 14.71 17.46 13.51 1.85
27/07/2024 14.80 17.53 13.62 1.87
03/08/2024 14.83 17.41 13.60 1.90


3. Malawian Kwacha (MWK) (buying)

Source: https://www.rbm.mw/

 
  Euro € GBP £ US $ ZAR
01/06/2024 1912.34 2247.95 1716.73 94.10
08/06/2024 1925.25 2260.15 1716.73 93.44
18/06/2024 1897.13 2244.77 1716.73 96.93
23/06/2024 1895.01 2239.46 1716.73 98.39
29/06/2024 1890.06 2233.45 1716.73 95.73
07/07/2024 1913.40 2258.56 1716.73 97.10
13/07/2024 1921.86 2283.53 1717.02 98.27
20/07/2024 1924.69 2286.18 1717.02 96.71
27/07/2024 1919.74 2273.98 1717.02 96.61
03/08/2024 1910.19 2252.40 1717.02 97.14


4. Zambian Kwacha (ZMW) (buying)

Source: https://www.boz.zm/

 
  Euro € GBP £ US $ ZAR
01/06/2024 28.45 33.32 26.17 1.39
08/06/2024 28.55 33.57 26.36 1.39
18/06/2024 27.73 32.80 25.90 1.41
23/06/2024 27.36 32.36 25.58 1.42
29/06/2024 26.42 31.22 24.69 1.35
07/07/2024 26.47 31.31 24.45 1.34
13/07/2024 27.85 33.17 25.57 1.42
20/07/2024 27.89 33.09 25.61 1.39
27/07/2024 28.37 33.61 26.12 1.43
03/08/2024 28.15 33.09 25.85 1.42



5. Zimbabwe Dollar (ZWL$) (average) / Zimbabwe Gold (ZiG)

Source: Source: https://www.rbz.co.zw/

 
  Euro € GBP £ US$ ZAR
01/06/2024 ZIG 14.40 ZIG 16.94 ZIG 13.31 ZIG 1.41
08/06/2024 NA NA NA NA
18/06/2024 ZIG 14.45 ZIG 17.12 ZIG 13.48 ZIG 1.35
23/06/2024 ZIG 14.54 ZIG 17.21 ZIG 13.59 ZIG 1.32
29/06/2024 ZIG 14.64 ZIG 17.30 ZIG 13.70 ZIG 1.34
07/07/2024 ZIG 14.81 ZIG 17.48 ZIG 13.69 ZIG 1.33
13/07/2024 NA NA NA NA
20/07/2024 ZIG 14.93 ZIG 17.74 ZIG 13.71 ZIG 1.33
27/07/2024 ZIG 14.96 ZIG 17.72 ZIG 13.78 ZIG 1.32
03/08/2024 ZIG 14.87 ZIG 17.53 ZIG 13.77 ZIG 1.32
 

Note: For previous rates, see HERE

 

 

 

ABSA Agri Trends: Hides & skins prices

Johannesburg, Gauteng, SA (02 August 2024) - The average hide price remained 2.787/kg, the same as a week ago. The current price is 13.13% lower than the average price a month ago and 10.1% lower than the average price a year ago. The range of prices reported was as follows: Minimum price: R2.75 Maximum price: R3.00. 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 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:

Tabitha Footwear, Klerksdorp, N.W. Province, SA. Footwear manufacturer.
Table Bay Upholstery, Cape Town, W. Cape, SA. Fabric supplier.

 

THIS WEEK LAST YEAR!

Chamberlain Phipps were expecting improved trading towards year end.

Bolton Footwear sales were on par with previous year.

Online had shown growth for Sole Base.

Richemont bought top Italian shoe factory Gianvito Rossi.

READ IT HERE - S&V Weekly Newsletter Vol.9 No.32, August 7 2023

 

THIS WEEK FIVE YEARS AGO!!

Comment from 5 retailers was mostly bad for the week but better for the month overall.

Green Cross had hurt AVI results.

Morné Gerber joined Leather From Hart from The Little Slipper Company.

For Ashley Pillay, PA to the General Secretary, the year marked 30 years service with the NBC.

READ IT HERE - S&V Weekly Newsletter Vol.5 No.32, August 12, 2019

 

NEWSLETTER ARCHIVE

All the past S&V Weekly Newsletters from January 2016 onwards are available in the newsletter archive.
VIEW THE ARCHIVE - CLICK HERE

 

Contact us

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

Next newsletter: August 12, 2024. Ad and editorial deadline Friday 9 August.

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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