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Search Tag: Caprini
- The R-CTFL Masterplan, 5 years on – Part IV ‘Growth? Not only has there been no growth, business has dropped’All the South African-owned factories who speciaiise in supplying volume orders to chains, and who agreed to comment, said volumes had dropped and that some of their chain customers openly said they had gone back to China.There have been casualties: In KZN, Nikkita Footwear Manufacturing, Prisaan Footwear, De Javw/Footech and Everstrong S ...moreCaprini: ‘Restarting for summer’Durban, KZN, SA – Caprini Footwear is restructuring and has NOT closed, MD Sanjay Pattundeen said last week.He said Caprini had had no work for March and April, “but now I’m preparing to restart a scaled down Caprini next month”.Caprini supplies chains, wholesalers and mini-chains, and it has an export customer in ...moreDespite everything, suppliers hope Edcon will surviveEdcon, once the biggest fashion retailer in SA, went into business rescue at the end of April. CEO Grant Pattison, in charge for the past 2 years, blamed the lockdown as the final straw in the long slide which began in 2007 when it was acquired by US private equity firm Bain Capital for a - with hindsight - unsustainable R25 billion and d ...more
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