Newsletter No.35 30 September 2016
More than 25 top class exhibitors from India will be showcasing their latest samples at the ATF Trade Exhibition in November.
The ATF Trade Exhibition Organisers are excited to announce that this year, the show will have some of the best textile, clothing and footwear manufacturers exhibiting from India. Here is a sneak preview on just a couple of the exhibitors from India …
Apsara Silks will display their innovative fabrics which has led them to have the most exclusive and elaborate collection of novelty silks. They are also the leaders in printed fabrics. Visit www.apsarasilks.in.
Green Orbit Apparels will be displaying fashionable, comfortable and contemporary children’s garments including frocks, dungarees, onesie’s, etc. Visit www.greenorbit.co.in
Rasik Vatika, a silk mill counted amongst the topmost manufacturers and exporters of superior quality fabrics and garments products, will exhibit a range of garments, textiles and scarves. They have received an ISO certification as well as Best Woman’s Wear by the textile Minister of India. Visit www.rasikvatika.com
BSL Limited, a company with a quarter of a century experience in textile manufacturing, has won numerous awards over the years. They will be showcasing wool, wool-blended and premium lightweight fabrics, to wool modal, Trevira wool and other specialised fabrics blended with lycra, silk, linen, Tencel etc. Visit www.bslltd.com
Dean Textile Buying Services, one of the leading apparel and textile sourcing companies in India, will exhibit their range of menswear, ladieswear, children’s wear, beach wear, formal wear, undergarments, sportswear, knitwear and home furnishings. Visit www.dean-textiles.com.
Neelambarai will be exhibiting quality home products such as cushions, pillow covers, bed linens, throws, quilts, duvets, table linens, kitchen linens and some lifestyle goods including fabulous clutches, purses and bags. Visit www.neelambarai.com.
IC Fashions will be showcasing fashion accessories, beach wear and ready-made garments. Visit www.icfashionindia.com.
Rhapsody International’s will exhibit a gorgeous array of home furnishings (mainly 100% cotton) including bedspreads, curtain tiebacks, tablemats, trimmings, tassels, buttons and table linen. Many of their products are skillfully hand crafted using natural eco-friendly materials. Visit www.rhapsody-international.com.
The ATF Trade Exhibition will feature over 150 clothing, textile, footwear and fashion accessory exhibitors from more than 10 countries including South Africa, Portugal, China, India, Pakistan, Turkey, Indonesia, Hong Kong, Brazil. To EXHIBIT or VISIT, pre-register online today at www.atfexpo.co.za. There is no entrance fee to visit. Organisers: LTE – leaders in trade exhibitions, Tel: +27 21 790 5849.
Former Woolworths MD tipped to lead Edcon
By Ann Crotty
Andrew Jennings in 2010. Picture: Financial Mail
Former MD of retail at Woolworths Andrew Jennings, has been tipped as a possible contender to head the new Edcon board, which will have the near-impossible task of growing profit in one of the most hostile trading environments in the group’s 86-year history.
Jennings, who left Woolworths in 2006, worked as a special adviser to Australian-based retailer Myer, whose former CEO, Bernie Brookes, was appointed head of Edcon a year ago.
Asked for comment, Brookes said consultancy Spencer Stuart had been engaged to conduct a search and was gathering names.
The appointment of Jennings or someone with experience of nonfood retailing, will be critical to overcome concern that a committee of bondholders is set to oversee Edcon.
“Corporate bondholders know nothing about running a clothing retailer. If they try they will fail just like Bain [Edcon’s previous owner] has failed; Edcon will not survive another failure,” said an industry insider who did not want to be named.
A low-to-no-growth environment and rising bad debt combined with a regulatory clampdown on unsecured lending and tough competition are just some of the challenges facing the country’s largest non-food retailer.
Adding a few of its own problems is a relatively new management team and the prospect of a committee of bankers driving the process.
The debt-to-equity restructuring, which has been in the planning phase for the past three months, was inevitable, according to most analysts.
Jean Pierre Verster said each set of quarterly results highlighted the steady deterioration in the group’s performance. “The jury is still out on whether Edcon will trade out of its problems, it’s a big uncertainty.”
Sasfin analyst Alec Abraham said the capital restructuring would be a big help, but the crucial issue was whether management would be able to address the fundamental problems and trade better.
Given that many of the group’s fundamental problems were self-imposed — including abandoning many of its core products, buying in inappropriately expensive brands and selling its debtors’ book to Absa — few commentators were concerned about the clean-out of top management.
Brookes said the retailer now intended offloading some of its international brands and focusing on home-grown brands such as Kelso and Stone Harbour.
Escaping from the clampdown on lending imposed by Absa will be more challenging. The 2012 sale of the R10bn debtors’ book was intended to ease the group’s debt burden, but the tougher lending criteria imposed by Absa created a different set of bigger problems.
“Edcon needs to get the credit lever back under its control,” Verster said. “But these are tough times.”
The Absa transaction was reminiscent of a much-regretted decision taken by Edgars in the early 1990s to sell its book to Nedbank. That deal was unwound after a few years.
While there is much scepticism, there is cause for some optimism.
“If they can correct themselves and focus on the right things, they could take advantage of the current weaknesses at Mr Price and Foschini …. They still have 3-million to 4-million core credit card holders,” the industry insider said.
Nickel sensitivity and health concerns.
By Glen Isserow – Prime Fastener
Over the past 12+ years the urgency of finding alternatives to nickel in alloys and colour finishes used for garment and shoe accessories has become vital.
For some time, nickel has been suspected of causing skin allergies, and yet its useful properties mean it is used in a great variety of functional and fashionable components such as jeans buttons, jean rivets, press studs, eyelets, sew on buttons, buckles and zip fasteners. However, regulations have increased worldwide, and the search for viable alternatives was required.
Nickel is suspected of being -after pollen- the second most frequent cause of allergies when it comes into direct and long term contact with the body. Some people are born nickel sensitive, while others develop nickel sensitivity due to an over exposure to products containing nickel. This results in skin swelling, redness and swollen areas around the contact area, nickel has even been proven to be carcinogenic. The legislation in Europe reacted as early as 1992 to this health threat by introducing compulsory labelling of products containing nickel. Subsequent to this, in 1994 the Eco Seal, with the strict imposition of the Eco-Tex standard 100, was introduced and the European Union agreed to stiffer regulations – subject only to agreement by all the member countries on the test method to be employed.
Garment trimmings, jewellery, spectacles ect…containing nickel free trimmings should clearly be labelled accordingly, whilst items not fulfilling nickel free requirements should be clearly and visible marked with the words “article contains nickel”.
Components that come into direct and long-term contact with the body should not release nickel with more than 0.5 micrograms/cm3/week.
The decisive issue, therefore, is not the amount of nickel in a product but the quantity of allergy forming material that is given off within a certain period. A simple coating with a nickel-free material or enamel can no longer suffice if it can be assumed that this coating may be rubbed off through use.
A shiny alternative to nickel.
With this in mind it was imperative for trimming suppliers to find alternatives, so that the freedom of clothing manufacturers and designers could be safeguarded on a long-term basis. Thus culminating in a need for accessories to be developed that retain current levels of functionality and decorative appearance while being nickel-free.
This was not a simple task for the materials scientists and surface engineers as well as the metallic suppliers since the widespread use of nickel alloys is based on some very attractive properties. Nickel has a bright silver shine, is resistant to corrosion, it is functionally resilient and stands up well to scuffing. It is a good “leveller” of rough surfaces and can be overlaid with other metals, including gold.
Many trimming suppliers worldwide have introduced a modified production process and a completely new surface treatment for its garment trimming products, thus preserving the shine without using nickel. Instead, components are finished in imitation nickel an alloy of copper and tin, which is kind to the skin.
However, imitation nickel is not a simple process, a uniformly shiny silver-coloured surface is only attained when the electroplating process is optimally regulated. This is a complicated and demands specialist know-how with a special process for the galvanic depositing of white bronze/ imitation nickel onto the product.
Among the keys to a quality finish are precise temperature control and new extraction methods which ensure the purity of the materials used.
There are many colour finishes which are by nature nickel free such as antique brass, antique copper, tin, brass & red copper tin which do not require any further treatment for nickel free processing.
QUALITY AND ENVIRONMENT
It is imperative that all trimming suppliers be Oeko Tex certified, which recognizes their products as being “ecologically safe for humans”, this includes the end customer, the manufacturing workers processing the goods and the garment factory staff applying the trimmings onto the fabric.
The basis for the issue of this test certificate is the strict European Oeko Tex Standard 100 requirements. In accordance with this, one is entitled to carry the Oeko Tex label for “metallic accessories for textiles with the surface silver coloured and nickel-free”. These articles are also certified for Product Group 1 babywear, the strictest category.
It is equally imperative that that the manufacturing plant producing the trimmings ensures the environmentally friendly production of nickel-free products without harming the environment. This includes a large scale production processing plant were all chemicals are disposed of in an ecologically and safe environment.
All excess chemicals should be recycled and processed to protect the earth for future generations.
Commerce Announces Africa Trade Advisory Panel
Sept. 20 (BNA) — Twenty-three private sector leaders will serve on the President’s Advisory Council on Doing Business in Africa (PAC-DBIA) and advise the president and Commerce Department on ways to boost trade between the U.S. and Africa, Commerce Secretary Penny Pritzker announced Sept. 20.
The announcements came as the U.S. convened the second U.S.- Africa Business Forum, bringing together chief executive officers and business leaders, along with African heads of state, to discuss trade and investment between the U.S. and Africa. Stronger commercial relationships with Africa continues to be a top priority for the Obama administration, Pritzker said in a statement. “Private sector engagement through initiatives like the PAC-DBIA is driving our efforts to expand trade, speed investments, build new technologies, and grow new and transformative industries across Africa,” she said.
The appointees of the 2016-2018 President’s Advisory Council on Doing Business in Africa include industry leaders from UPS, Kuramo Capital Management, Computer Frontiers, Inc. and Dow Chemical Co. Previous PAC-DBIA’s recommendations included launching the institutional investor roadshow with several African countries, U.S. merchandise exports to sub-Saharan Africa reached more than $18 billion last year, increasing 19 percent from 2009 to 2015, Commerce said.
WWDD: PVH Directs $1 Million of Save the Children Commitment to Programs in Sub-Saharan Africa
By Arthur Friedman
PVH Corp. said Tuesday it will be earmarking $1 million of its 2014 commitment to Save the Children to support programs in sub-Saharan Africa over the next three years.
The investment comes as part of PVH’s recent business focus on the sub-Saharan Africa region, including a woven-shirt factory under construction in Ethiopia’s Hawassa Industrial Park to be operated as part of a joint venture, sourcing in Kenya and branded product sales through various partners in the region.
PVH’s funding will support programs on Youth Employment Training and Early Childhood Care and Development. Save the Children is supporting the national efforts to increase youth employment, entrepreneurship and skills development by implementing education and livelihood programs focusing on vulnerable young people. The organization is targeting disadvantaged children and youth aged 15 to 24. Save the Children’s ECCD programs strengthen and sustain early learning and school readiness for children aged 4 to 6.
“Our philanthropic mission is to support the needs of women and children around the world. We are working to drive positive impacts through our efforts to create a ‘best-in-class’ apparel manufacturing industry in Ethiopia, improve access to high-quality early childhood education and provide essential employment training,” said PVH chairman and chief executive officer Emanuel Chirico. “Today’s children will be our future ceo’s, employees and customers, and this investment allows us to better support Save the Children’s efforts to create lasting changes in the lives of children in need.”
Carolyn Miles, president and ceo of Save the Children, said, “PVH has been a committed partner to Save the Children for more than a decade. We are so grateful for their support of children from preschoolers to young adults.”
In December 2014, PVH announced a worldwide partnership with Save the Children supporting its programming with a multimillion-dollar commitment over five years from the PVH Foundation. PVH associates around the word support the organization through a global Sponsor-A-Child program, associate volunteer site visits and other initiatives.
Did you know…..
There is a bra that doubles as a gas mask. It’s meant to be snapped off and put over the mouth in the event of an emergency.
It was Mark Twain (yes, that Mark Twain) who actually invented and patented the bra-strap clasp.
When Disneyland opened in 1955, it had a lingerie store right on Main Street, called Hollywood-Maxwell Intimate Apparel. It included an animatronic figure called the Wizard of Bras. WHAT?
To Advertise………………….. Click here to see fact sheet.
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