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Search Tag: Morgan Naidoo
- Alan D. Jackson: Exchange rate has made imports very difficultDurban, KZN, SA – It’s a difficult position to be in selling imported leathers now as the landed prices from overseas are really expensive compared to local prices. The exchange rate is not helping at all.Clients are also struggling in getting orders from retailers who are always looking for cheaper prices.Basically, it's a st ...moreAlan D. Jackson: Customers still have stockDurban, KZN, SA - Morgan Naidoo, member of leather indent agent Alan D. Jackson, which has principals in Brazil, India and Pakistan, said most of his customers still had stocks of leather. He said the global drop in hide prices had seen the prices for Brazilian leather drop from US$2.45-2.50/ft² to $2.10, "which is a significant ...moreAlan D Jackson: Leather under pressurePinetown, SA – The demand for cheaper footwear means demand for footwear upper leather has dropped, leaving leather sellers in a difficult position, says Alan D Jackson member Morgan Naidoo. His business specialises in Brazilian leather for better-end footwear, but the pressure is on for alternatives. “The exchange rate has ma ...more
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