S&V Weekly Newsletter Vol.10 No.44, October 28 2024
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Please note: Click on any ad to go to the advertiser’s website
It’s tough, even at the top
Johannesburg, Gauteng, SA - Trading is moderately poor, even near the top of the price spectrum, according to Stan Kotkin of Stanbel, franchisee and distributor for Calvin Klein and Tommy Hilfiger.
“Calvin Klein sales are as not as good as last year,” he said, “but we have more stores, so our figures are similar. We’ve only had Tommy Hilfiger for a year – not even – so we don’t have a history to compare it with, but it has met our expectations so far.”
Stanbel now has 6 Calvin Klein flagship stores, and a further 2 underwear stores. It so far has 2 Tommy Hilfiger flagship stores. Stanbel acquired Tommy Hilfiger when PVH Corporation, which owns Calvin Klein and Tommy Hilfiger, ended its agreement with a previous Southern African franchisee.
SA Tool making heels for Froggie
Pietermaritzburg, KZN, SA – Unit maker SA Tool & Die is supplying Froggie manufacturer Michelle Footwear with heels and top pieces previously made by ABS and styrene heel maker Repurpose Innovate, which has closed.
“We are moulding the ABS heels and TPU top pieces that Frank Mellon was moulding for Michelle Footwear,” SA Tool’s Brian Lowson wrote. “We haven't bought any moulds from him. Michelle bought the moulds for their products. We are making about 420 pairs of heels a day when they need them. We've been running these for about 3 weeks now.”
They Said It
"I think that Shein and Temu have had such an effect on local retail that some of the chains have reduced the size of their footwear departments." - Garth Ribbink, Greenaways Natal, Durban, 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
New subscribers last week
Newald Groenewald, Tannery Manager, Ostrich Products South Africa, Oudtshoorn, South Africa
Tommy Thomson, Sales, Marketing and Logistics Manager, Cape Karoo International, Oudtshoorn, South Africa
Birthdays this week
Note: The birthday of Max Schaefer, MD of Nakara in Windhoek, Namibia, was incorrectly shown as 07/10/1964. It should have been 24/10/1984. I apologise for any embarrassment or inconvenience.
28/10/1970: Sannet Gerber, Zoom In Shoe Boutique, Jeffreys Bay, E. Cape, SA.
30/10/1939: Peter Boudewijns, retired, formerly Badger Footwear [closed], Port Elizabeth, E. Cape, SA.
30/10/1985: Léan Boezaart, Freedom of Movement, Pretoria, Gauteng, SA.
31/10/????: Ofer Ardenbaum, formerly Tiago Trading [closed], Durban, KZN, SA.
31/10/1961: Deidre Harte, retired, formerly LTE, Cape Town, W. Cape, SA.
01/11/1940: Innes Rhind, retired, formerly Crispin Industries [closed], Gaborone, Botswana.
01/11/1942: Laurence Smith, PMC Components, Cape Town, W. Cape, SA.
01/11/1957: Anthony le Roux, Agussi Crafts, Franschhoek, W. Cape, SA.
02/11/1934: Hawa Shaikh, formerly Amshu Distributors, closed, Greytown, KZN, SA.
02/11/1936: Alastair Gardner, retired, formerly Panther Shoes [closed], Cape Town, W. Cape, SA.
02/11/1962: Jan Morgan, Morgan Hides, Pretoria, Gauteng, SA.
03/11/1976: Voden Wearne, Oden, Cape Town, W. Cape, SA.
03/11/1979: Orian Mendes, Shuler Enterprises, Harare, Zimbabwe.
In memoriam this week
29/10/2021: Nigel Plumpton (b. 29/04/1949), CNB Industries [closed], NP Enterprises [closed], Ribtech, Pietermaritzburg, KZN, SA.
30/10/2001: David Cairns (BASF SA).
01/11/2018: Bobby Moodley (b. 29/01/1949), Chronicle Footwear, Durban, KZN, SA.
03/11/2007: Ahmed ‘Bull’ Patel, hand stitching CMT operator, Greytown, KZN, SA.
03/11/2010: Grahame Steele (b. 17/04/1929), Budget Footwear [closed], Durban, 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
FSP Collection (Pty) Ltd, Cape Town, W. Cape, SA.
Petra Agencies cc, Durban, KZN, SA.
SA Ostrich Business Chamber (SAOBC), Oudtshoorn, W. Cape, SA.
Shoe Street [Shoes Tree cc], Ladysmith, 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 ¥ |
| 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 |
| 10/08/2024 |
R20.01 |
R23.38 |
R18.33 |
R2.55 |
| 17/08/2024 |
R19.66 |
R23.11 |
R17.86 |
R2.49 |
| 24/08/2024 |
R19.86 |
R23.42 |
R17.72 |
R2.48 |
| 22/09/2024 |
R19.47 |
R23.21 |
R17.42 |
R2.47 |
| 28/09/2024 |
R19.11 |
R22.88 |
R17.11 |
R2.44 |
| 05/10/2024 |
R19.19 |
R22.95 |
R17.49 |
R2.49 |
| 12/10/2024 |
R19.04 |
R22.75 |
R17.41 |
R2.46 |
| 19/10/2024 |
R19.12 |
R22.96 |
R17.59 |
R2.47 |
| 26/10/2024 |
R19.07 |
R22.89 |
R17.66 |
R2.48 |
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 |
| 10/08/2024 |
14.80 |
17.30 |
13.56 |
1.89 |
| 17/08/2024 |
14.82 |
17.42 |
13.46 |
1.87 |
| 24/08/2024 |
14.96 |
17.65 |
13.35 |
1.87 |
| 22/09/2024 |
14.81 |
17.67 |
13.26 |
1.88 |
| 28/09/2024 |
14.66 |
17.57 |
13.13 |
1.87 |
| 05/10/2024 |
14.33 |
17.13 |
13.06 |
1.86 |
| 12/10/2024 |
14.52 |
17.35 |
13.28 |
1.87 |
| 19/10/2024 |
14.50 |
17.41 |
13.34 |
1.87 |
| 26/10/2024 |
14.44 |
17.33 |
13.37 |
1.87 |
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 |
| 10/08/2024 |
1931.59 |
2256.47 |
1717.02 |
96.56 |
| 17/08/2024 |
NA |
NA |
NA |
NA |
| 24/08/2024 |
1966.96 |
2318.37 |
1717.02 |
98.25 |
| 22/08/2024 |
1975.62 |
2355.68 |
1717.02 |
101.06 |
| 28/08/2024 |
1974.39 |
2365.76 |
1717.02 |
102.69 |
| 05/10/2024 |
1950.69 |
2322.96 |
1717.02 |
101.47 |
| 12/10/2024 |
1933.53 |
2307.58 |
1717.02 |
100.99 |
| 19/10/2024 |
1917.09 |
2308.82 |
1717.02 |
100.43 |
| 26/10/2024 |
1913.73 |
2293.43 |
1717.02 |
99.97 |
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 |
| 10/08/2024 |
28.48 |
33.25 |
26.10 |
1.42 |
| 17/08/2024 |
28.89 |
33.90 |
26.27 |
1.46 |
| 24/08/2024 |
29.03 |
34.18 |
26.06 |
1.45 |
| 22/09/2024 |
29.37 |
35.00 |
26.29 |
1.50 |
| 28/09/2024 |
29.59 |
35.47 |
26.46 |
1.54 |
| 05/10/2024 |
28.91 |
34.50 |
26.38 |
1.49 |
| 12/10/2024 |
28.87 |
34.50 |
26.41 |
1.51 |
| 19/10/2024 |
28.86 |
34.63 |
26.65 |
1.49 |
| 26/10/2024 |
28.80 |
34.54 |
26.59 |
1.51 |
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 |
| 10/08/2024 |
ZIG 15.04 |
ZIG 17.57 |
ZIG 13.78 |
ZIG 1.33 |
| 17/08/2024 |
ZIG 15.14 |
ZIG 17.75 |
ZIG 13.79 |
ZIG 1.30 |
| 24/08/2024 |
ZIG 15.36 |
ZIG 18.11 |
ZIG 13.81 |
ZIG 1.30 |
| 22/09/2024 |
ZIG 15.61 |
ZIG 18.60 |
ZIG 13.97 |
ZIG 1.25 |
| 28/09/2024 |
ZIG 27.16 |
ZIG 32.61 |
ZIG 24.39 |
ZIG 0.70 |
| 05/10/2024 |
ZIG 27.96 |
ZIG 33.30 |
ZIG 25.35 |
ZIG 0.68 |
| 05/10/2024 |
ZIG 28.79 |
ZIG 34.35 |
ZIG 26.33 |
ZIG 0.66 |
| 19/10/2024 |
ZIG 29.11 |
ZIG 34.97 |
ZIG 26.85 |
ZIG 0.65 |
| 26/10/2024 |
ZIG 29.97 |
ZIG 35.90 |
ZIG 27.68 |
ZIG 0.63 |
Note: For previous rates, see HERE
ABSA Agri Trends: Hides & skins prices
Johannesburg, Gauteng, SA (24 October 2024) - The current average hide price decreased by 0.03% to R2.797/kg from R2.805/kg a week ago. The current price is 0.08% lower than the average price a month ago and remained the same as the average price a year ago. The range of prices reported was as follows: Minimum price: R2.75 Maximum price: R3.00. 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:
Shoe Valley, Benoni, Gauteng, SA. Men’s, women’s and children’s footwear.
Shoe World, Lenasia, Gauteng, SA. Men’s, women’s and children’s footwear online.
THIS WEEK LAST YEAR!
Trading conditions: Midland Tannery closes
Bresan ‘not in business rescue’
In case you missed it!: The latest issue of S&V Protect Magazine
READ IT HERE - S&V Weekly Newsletter Vol.9 No.44, October 30 2023
THIS WEEK FIVE YEARS AGO!!
Good news last week
Retail last week: Comment from 4 mini-chains this morning
Customs targeting CTFL, scrap metal and gold industries
Nike sells Hurley to Bluestar Alliance
READ IT HERE - S&V Weekly Newsletter Vol.5 No.44, November 4, 2019
CLASSIFIED ADVERTS
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Well established freelance agent with 34 years’ experience seeking agency.
Areas covered: Gauteng, Limpopo, Mpumalanga, North West, Botswana, Lesotho and Eswatini
Kindly contact Dilesh on 082 566 6607
Email : dilesh@icon.co.za
Contact us
News & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za
Next newsletter: Monday November 04, 2024. Ad and editorial deadline Friday 01 November.
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