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S&V Weekly Newsletter Vol.10 No.47, November 18 2024

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

 

Expectation that December will be better

David Fox, Choice Clothing
Cape Town, W. Cape, SA - It’s been a pretty tough year for most retailers, I think – a weak Rand and cash-strapped consumers. Our Black Friday promotion will run from 21st November to 3rd December, with specials every day. The merchandise will be across the board – T-shirts, jeans, footwear. It will be a pretty even split between product we specially bought for Black Friday and stock we want to move. December is always our best trading month, and we expect it to help make up for the poorer months.

Kim Cunniffe, Kingsmead Shoes
Durban, KZN, SA - Tough year, winter was late, elections had people holding back before the vote.
     June was good after the formation of the new government but since then, July to September have been tough.  October, we have started seeing some positivity which has continued though to November.
     No load shedding has helped with costs, the extra added to rentals for generators was a bitter pill to swallow.
     GNU – June was good but thereafter reality sank in.
     Shipping is still a major issue, makes it hard to plan.
     Black Friday will be more around the day/weekend, downplayed in relation to previous years.
     Festive Season, we are hoping the positive sales we have been seeing in the last few weeks, run though into the Xmas season

 

 

SA sustainable fashion awards

Cape Town, W. Cape, SA – The winners of the 2024 Twyg Sustainable Fashion Awards will be announced on 20 November (Wednesday) at the Mount Nelson Hotel.
There are 11 categories, and a full list of categories and finalists can be found at https://twyg.co.za/awards/
The footwear, accessories, farm-to-fashion, and retail finalists are (I have included the websites where possible):

The Accessory Award is for crafting accessories from sustainable materials, favouring ethical labour practices and limiting the use of toxic chemicals.
- Athena A [https://www.brandathenaa.co.za/]
- Project Dyad [https://www.projectdyad.com/]
- Sealand Gear [https://sealandgear.com/]

The Footwear Award is for quality, durable footwear made with sustainable materials, ethical labour practices, and limited toxic chemicals.
- Moo Incognito
- Sage & Sunday [https://sageandsunday.com/]

The Farm-to-Fashion Award is awarded for transparent and traceable supply chains, regenerative practices, and 100% natural fabric is behind this designer or brand’s fossil-free materials and processes. Production requires little to no toxins and harmful chemicals.
- African Expressions [https://www.africanexpressions.co.za/]
- Pianna Yarns [https://piannayarns.co.za/]
- Yarnh [https://yarnh.com/]

The Retail Award is based on championing the circular economy through swap shops, selling pre-loved clothing, garment rental and other innovations. This winner is known for supporting sustainable design and manufacturing and supporting local producers and supply chains.
- 44 Stanley [https://44stanley.co.za/]
- Onrotate [https://www.onrotate.com/]
- The Local Edit [https://www.thelocaledit.com/za]

The Changemaker Award presented by Markham. An overall winner honoured for their high scores in each design category, the recipient of the Changemaker Award recognises a designer embracing sustainable and circular practices in their work. The winner receives a grand prize of R100 000 to further their career.
     Says Twyg founder Jackie May: “There are some new and exciting names in the mix this year and we congratulate all our very deserving finalists! We’d also like to extend our sincere gratitude to our sponsors and partners for their invaluable support – without them, this annual project would not be possible. A heartfelt thank you to Markham, Country Road, H&M South Africa, Polo South Africa, Husqvarna and Royal Flush Gin for their partnerships and commitment to making this initiative a success.”

 

Catch up with Richard and ‘The Shoedog’

The last session of the monthly online footwear chats, hosted by Richard Kushlick of Footwear Education (https://footweareducation.co.za/) and his overseas guest, Wade Motawi (a.k.a. The Shoedog), is available as a recording: https://youtu.be/YX69iA15AcI?si=LXv6WDpLD8_4_HP0

 

They Said It

"When you don’t have Nike and Adidas you certainly lose a fortune of revenue as they are the 2 biggest brands. They are have-to-haves." - Supplier of a rival brand, talking about retailers who specialise in sneakers. It also underlines how risky it is to depend on someone else’s brand for your success.

 

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

18/11/1939: Frank Rosenberg, Leathermarc, Bloemfontein, Free State, SA.
18/11/1954: Feroze Bhamjee, Piccadilly, Johannesburg, Gauteng, SA.
18/11/1960: Mark Kingon, Kingon's, East London, E. Cape, SA.
19/11/1949: Kevin Cockcroft, retired, formerly Maloti Mountain Moccasins [closed], Pietermaritzburg, KZN, SA.
19/11/1958: Alan Fleetwood, retired, formerly Bolton Group, Cape Town, W. Cape, SA.
19/11/1961: George Dimond, Continental Compounders, Pinetown, KZN, SA.
19/11/1970: Craig Kourie, commission agent, Johannesburg, Gauteng, SA.
19/11/1975: Kirsten Pillay, Isicebi Trading 1098 cc, East London, E. Cape, SA.
19/11/????: Johan Stumpf, left the industry, formerly KKI, Oudtshoorn, W. Cape, SA.
20/11/1964: Jessica Han, Gutsy, Bloemfontein, Free State, SA.
20/11/1987: Jonathan Colloty, left the industry, formerly Michelle Footwear, Durban, KZN, SA.
20/11/????: Vis Moodley, KwaZulu Shoe Co, Estcourt, KZN, SA.
21/11/1950: JK Strydom, Werda Humansdorp Beleggings, Humansdorp, E. Cape, SA.
23/11/1938: David Wilson, retired, resident in George, formerly Barker Footwear, Cape Town, W. Cape, SA.
23/11/1959: Bernice Kalakazinos, Toffee Clothing, St Francis Bay, E. Cape, SA.
23/11/1966: Cornelio M Sunduza, Dadu Leathers Zimbabwe.
23/11/1970: Premilla Govender, Dynamic Engineering, Durban, KZN, SA.
23/11/1987: Phelokazi Gxaba, Retailability, Durban, KZN, SA.
24/11/1955: Surie Mistry, Super Star Fashions, Vereeniging, Gauteng, SA.
 

 

In memoriam this week

19/11/2014: Allan Bell (b. 09/07/1926), Bata Kenya and Futura Footwear, in the UK.
19/11/2018: Michael Hiss (b. 03/10/1948), Bellstedt [closed], Chanti Belt/Michael Hiss Agencies, Durban, KZN, SA.
20/11/1997: Christian Larkins (b. 01/07/51), Interchem, Cape Town, W. Cape, SA.
21/11/2009: Terry Batchelor (b. 30/10/1942), Intershu, Johannesburg, Gauteng, SA.
21/11/2016: Ronnie Jones (b. 19/11/1949), Apeco [closed], Johannesburg, Gauteng, SA.
22/11/1992: Jimmy Shankland, Angels Shoes [closed], Cape Town, W. Cape, SA.
22/11/1994: Chris Claassen, Bata Shoes SA, Pinetown, KZN, SA.
23/11/2018: Peter Shiffer (b. 17/10/1949), Flexmor [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.

 

 

 

 

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 ¥
02/11/2024 R19.12 R22.77 R17.62 R2.47
09/11/2024 R18.85 R22.74 R17.58 R2.45
16/11/2024 R19.18 R22.96 R18.19 R2.51
 


2. Botswana Pula

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

 
  Euro € GBP £ US $ CNY ¥
02/11/2024 14.50 17.28 13.37 1.87
09/11/2024 14.22 17.16 13.26 1.84
16/11/2024 14.40 17.24 13.66 1.88


3. Malawian Kwacha (MWK) (buying)

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

 
  Euro € GBP £ US $ ZAR
02/11/2024 1923.10 2280.70 1717.02 100.33
09/11/2024 1905.94 2293.08 1717.02 101.84
16/11/2024 1863.15 2240.37 1717.02 96.70


4. Zambian Kwacha (ZMW) (buying)

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

 
  Euro € GBP £ US $ ZAR
02/11/2024 29.14 34.69 26.78 1.52
09/11/2024 29.29 35.24 27.23 1.55
16/11/2024 29.05 34.79 27.49 1.51



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

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

 
  Euro € GBP £ US$ ZAR
02/11/2024 ZIG 31.18 ZIG 36.96 ZIG 28.68 ZIG 0.61
09/11/2024 ZIG 27.59 ZIG 33.18 ZIG 25.58 ZIG 0.67
16/11/2024 ZIG 26.65 ZIG 32.05 ZIG 25.28 ZIG 0.72
 

Note: For previous rates, see HERE

 

 

 

ABSA Agri Trends: Hides & skins prices

Johannesburg, Gauteng, SA (14 November 2024) - The current average hide price increased by 0.2% to R2.804/kg from R2.779/kg a week ago. The current price is 0.03% lower than the average price a month ago and was 13.28% lower than the average price a year ago. The range of prices reported was as follows: Minimum price: R2.75 Maximum price: R3.07. 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:

Shoez Group, Lenasia, Gauteng, SA. Men’s and women’s footwear retailer.
Shooshoos, Cape Town, W. Cape, SA. Infants’ footwear manufacturer.

 

THIS WEEK LAST YEAR!

Black Friday
- Boardriders: Stock position better than last year, so shorter BF period
- Sneakers International: Not for us

The Year So Far: Queue: A tough year, but optimistic

Manufacturing: Allimor Footwear: ‘Still trading’

In case you missed it! : The November 2023 issue of S&V African Leather Magazine

READ IT HERE - S&V Weekly Newsletter Vol.9 No.47, November 20 2023

 

THIS WEEK FIVE YEARS AGO!!

Good news last week: Bongani Bongo arrest: first shots in the fight against corrupt public officials

Retail last week: Comment from 4 retailers on Saturday

FLIC offers styling advice to manufacturers

SENS releases last week: Mr Price interim results September 2019

READ IT HERE - S&V Weekly Newsletter Vol.5 No.47, November 25, 2019

 

Contact us

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

Next newsletter: Monday November 18, 2024. Ad and editorial deadline Friday 15 November.

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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