12 of 2022`

Newsletter No 12 /01 April 2022                                 


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SA Fashion Week collections kick off in April

SA Fashion Week’s (SAFW) 25th Spring/Summer collections are set to kick off next month.

Ecological sustainability, women’s empowerment, inter-brand collaboration and proudly local production investment are some of the dynamic developments that mark the collection.

Ephraim Molingoana for Ephymol, Amanda Laird Cherry and Palesa Mokubung of Mantsho as well as cult Kasi brand, Loxion Kulca, now designed by Olé Ledimo, will launch their 2022 collections to the media, buyers, selected VIP’s and a limited edition of public tickets. This alongside exciting new stars including 2021 New Talent winner Artho Eksteen as well as Fikile Zamagcino Sokhulu and Sipho Mbuto who both participated in the Fashion Bridges collaboration with Milan Fashion Week last year.
Hosted by Maps Maponyane, the 24th New Talent Search will again open the event with a line-up of six of the most promising young designers to watch. This year’s contenders are:
Thando Ntuli – Munkus

Nichole Smith – Ipikoko

Mikhile du Plessis – MeKay Designs

Calvin Lunga Cebekhulu – Czene.24

Sanelisiwe Gcabashe – Gjenelo Couture

Mimangaliso Ndiko – Sixx6

What to expect

Other highlights of the first day are the Cruz Collective featuring Sokhulu and Mbuto as well as another new generation notable, Michael Ludwig Studio.

Day two opens with The Oppo Collections which brings Artho Eksteen, Ezokhetho, the gender-neutral signature, The Bam Collective and the much revered Amanda Laird Cherry together.

This is followed by the high-profile trio of Cape Town-based Helon Melon who wowed audiences in 2021 with her all-white, sustainable collection, fashion-forward Judith Atelier, an ardent supporter of South African mohair and perennial fashion week darling, Palesa Mokubung of Mantsho.
Joanna Hedley of BeachCult and Belhauzen will be there and are both Cape Town-based designer brands committed to clean fashion.

Equally, Johannesburg-based Kayla Stamboul of Kayla Stam proudly supports women empowerment with a fully female-owned supply chain while Pretoria-based Isabel de Villiers is a body-positive activist who will unveil her current, size-inclusive, collection.

The SAFW Collections Men on Saturday 30 April throws a spotlight on the excitement that is contemporary menswear design in South Africa with the power trio consisting of Ntando Ngwenya who merges conservative and postmodern techniques to create a distinctively new clothing presentation, Thato Mafubedu’s Afrikanswiss denimwear and the much-loved Loxion Kulca brand currently under the baton of Olé Ledimo.

An exciting new collaboration between designers Fabrice Moyo of Franc Elis, menswear brands Floyd Avenue and Ephymol, with KwaZulu-Natal-based and proudly South African shoe manufacturers Eddels, Evox and Hopewell Footwear respectively, marks an exciting grand finale for the Spring/Summer 22 Collection, says SAFW director, Lucilla Booyzen.

The importance of fashion

The South African Footwear and Leather Export Council (Saflec) is proud to be making industry history with its inaugural association with SA Fashion Week this year, says Nerisha Jairaj, executive director of Saflec. “We are thrilled to be flying our ‘Made in South Africa’ banner with the debut of three of our most exciting footwear brands for men on this high profile and prestigious platform so that a wider audience may discover the remarkable capability of fashion South Africa.”
Maishe Mambolo, brand manager of Cruz Vodka, believes that fashion reflects the culture of a country. “It’s about more than clothing. Fashion becomes the attitude you wear. People in fashion have an appreciation of art, design, and culture with an affinity for beauty.”

The SAFW’22 Spring/Summer Collections will be showcased from 28 – 30 April, Parkade G5, Entrance 24 at Mall of Africa. Tickets can be purchased here.

Information on each designer can be found here along with biographies and contact details.   Bizcommunity

Craig Jacobs named SA’s first recipient of the Fashion Innovation Award

The sustainability pioneer is recognised for his work as founder of eco-conscious brand Fundudzi at the inaugural Fashion Industry Awards SA.

Sustainability visionary Craig Jacobs, the founder of arguably Africa’s first eco-conscious fashion brand, has been announced as the first recipient of the Fashion Innovation of the Year honour at the inaugural Fashion Industry Awards of South Africa.

Jacobs, who created Fundudzi by Craig Jacobs as a conduit to celebrate the rich diversity of African culture and its ecological treasures, was one of 18 recipients in various categories announced during an event on Friday.

The Fashion Industry Awards South Africa (Fiasa), which was launched last year, aims to celebrate and recognise excellence both of fashion industry pioneers and present day creatives.

“It is humbling to receive this acknowledgement at a time when we are more sensitive to the environmental cost of fashion. When I created Fundudzi back in 2004, that wasn’t the case – many in the fashion industry were bemused about my vision bring positive change to an industry more concerned about hem lengths than carbon emissions,” said the fashion entrepreneur.

Jacobs, who is recognised as a leading voice on sustainability globally and delivered the closing address at the 2015 World Retail Congress (Africa) on the subject of African innovation and sustainability, believes that the organic way of life is inherent to African culture.

His label has imaginatively incorporated African and sustainable materials, along with an intrinsic consciousness of the environmental impact of the design processes, since inception – utilising materials including African produced cashmere, bamboo, hemp, soy and textiles made from maize.

However, as a panellist at the Future Sustainability Summit in Abu Dhabi in 2020 he announced that simply incorporating sustainable materials into the production cycle is no longer enough.

Alarmed that clothing is increasingly becoming one of the world’s biggest sources of landfill, he advocates that brands urgently need to pivot towards an integrated biodiversity strategy to bringing real change.

Fundudzi’s approach, ironically, takes it cue from the fast fashion quick response model, but on a more thoughtful manner – the brand only produces limited units of each style in its bricks and mortar partners, producing and replenishing units when required. Meanwhile, online, Fundudzi is disrupting the tradition digital model of fast as possible fulfilment through its ‘the value of waiting’ innovation, which states: “We cherish every fibre used to create our garments, and that is why we only pre-produce small minimum quantities of each style we offer. Should we run out, our makers will carefully make your garment to order, which is why the delivery window on this garment is between five days and six weeks.”

In addition, with the global leather industry contributing to the decimation of Amazon rainforests in the quest for grazing grounds for cattle, Fundudzi is prototyping a new plant-based leather alternative accessories line which will be launched soon.

For more details on Fundudzi visit www.fundudzi.com.     onpointpr

Total employment rises but formal employment falls

By: Thuletho Zwane

Workers in a clothing factory in Newcastle, KwaZulu-Natal.

The improvement is in line with market expectations after SA’s GDP recovery in the fourth quarter of 2021

Total employment in SA increased over the last quarter and the last 12 months, reflecting a rise in economic activity and increased confidence, Stats SA said on Thursday.

The improvement in employment numbers is in line with market expectations following SA’s GDP recovery in the fourth quarter of 2021 from the Delta wave and the July 2021 riots.

Stats SA’s Quarterly Employment Statistics (QES) show that total employment increased by 154,000, a rise of 1.6% between December 2020 and December 2021. Total employment from September to December 2021 also rose by 0.6%, an increase of 62,000 jobs, bringing the total number of persons employed in the formal sector — excluding the agricultural sector —  to approximately 10-million.

The QES is an enterprise-based sample survey conducted that collects information from 20,000 formal businesses and organisations. The samples are drawn from businesses such as factories, firms, offices, and stores, as well as from national, provincial and local government entities. It differed from the Quarterly Labour Force Statistics (QLFS) which is household-based.

Stats SA said the increase in employment was mainly from part-time employment as full time employment declined over September to December 2021 period.

Part-time employment increased by 106,000, a rise of 10% from 1,064,000 in September 2021 to 1,170,000 in December 2021. This was largely due to increases in the community services sector, trade business services, manufacturing and construction.

Full-time employment decreased by 44,000, a decline of 0.5% from 8,889,000 in September 2021 to 8,845,000 in December 2021.

FNB chief economist Mamello Matikinca-Ngwenya said the data indicated that employment had not fully recovered from the lockdown effects.

She added that the slowing momentum in global growth, induced by the prevailing geopolitical tensions, posed a risk to the recovery in domestic output and employment.

“The labour market recovery is still expected to be protracted, exacerbated by shifts to capital spending to enhance productivity gains,” she said.   BL

Rex True interim results December 2021

Revenue from continuing operations for the interim period went up 30.9% to R315.2 million (2020: R240.8 million). Gross profit grew 42.4% to R160.8 million (2020: R112.9 million) and operating profit shot up 247.9% to R39.0 million (2020: R11.2 million). Profit attributable to equity holders shot up to R24.7 million (2020: 0.8 million). Headline earnings per share increased to 126.0 cents (2020: 11.9 cents).

Company prospects

The retail segment continues to have a strong brand in a niche market. Online sales performance has exceeded expectations and will be a key area of focus for future growth. Stock efficiency has improved which has in turn improved liquidity. Organic growth via store footprint optimisation and expansion will be another crucial focus area.

The property segment has proved to be resilient since the advent of COVID-19. The group will continue to seek opportunities for undeveloped properties in conjunction with seeking out opportunities to expand our property portfolio.

The group’s water assets are performing and are successful working examples of private-public partnerships and are well positioned to take advantage of any new opportunities which may arise within the water and sanitation sector.

The group’s investment in its media and broadcasting asset, Telemedia, became effective as from 1 March 2022. The group can now focus on working together with the existing management team on the opportunities that exist in operating and expanding the business’s comprehensive bouquet of media and broadcasting services which include broadcast and teleport services, media equipment supply and solutions, studio and playout services, data centres, SNG and microwave link services.

With the expected fourth wave behind us, restrictions have been further lifted. This has contributed to the normalisation of economic activity and there is an expectation that consumer spending will return to pre COVID-19 levels. Other factors putting immense pressure on consumer and business spending include inflation which has reached record highs in the fourth quarter of 2022, anticipated future interest rate hikes, electricity and fuel price increases. We therefore anticipate that the economic environment will remain fairly challenging.

Conversely the difficult economic conditions also present opportunities to seek alternative investments in other sectors, to seek alternative revenue streams within our current business segments, to optimise our cost base and to implement strategies aimed at driving efficiencies within the group.

The most talked about Oscars dresses of all time

Björk, 2001

No Academy Awards article would be complete without Bjork’s iconic swan dress. Ellen DeGeneres spoofed it. Kevin James wore one. Valentino even riffed the theme in its 2014  spring collection. But no one can ever top the musician “laying an egg” on the red carpet. Ever.

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