Newsletter No. 37 29 September 2017
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Have you registered to attend the ATF Trade Exhibition in November?
Cape Town (SA) – The event which will take place from 21 – 23 November at the CTICC in Cape Town, will feature more than 150 clothing, footwear, textile and fashion accessory manufacturers, suppliers and service providers to these industries. They will be showcasing their latest ranges and products to key industry decision makers.
Says Deidre Harte, Organiser of the event, ‘We also still have some stand available so, if you are in the business of clothing, textiles and footwear, and would like to meet with chain store buyers, independent retailers, mini-chains, boutiques, production and factory managers and other important buyers, then email us on firstname.lastname@example.org for costs to exhibit.‘ Countries participating include South Africa, China (in the co-located China Premium Tex Trade Show), Belarus, Estonia, India, Hong Kong, Pakistan, Indonesia, Turkey, Taiwan, etc.
Plum Footwear will be showcasing the best in ladies fashion footwear this year. Says Karen Lewis Williams, Brand Manager, ‘From season to season our range builders spend much time travelling the globe to bring the best the fashion world has to offer to our shores. New York, Milan, London and the Far East – we endeavour to introduce the latest international footwear trends into our ranges. It’s all about impulse fashion, whatever the world’s best has to offer you will see it in our ranges. We not only offer an edge in footwear fashion for a young dynamic market, we also pride ourselves on being able to offer a quality product that is affordable. Our products are manufactured using the finest materials and our footwear technicians ensure that we maintain our high standards that our customers have come to enjoy. We will also be displaying the iconic brand Kangol. So, make sure you visit our stands at the show to view our latest ranges’. Contact Karen on email@example.com for more information.
To VISIT register online at www.atfexpo.co.za. There is no entry fee for visitors.
Precious Moloi-Motsepe bags 1st F4D Franca Sozzani Award
Precious Moloi-Motsepe, African Fashion International (AFI) founder-CEO and a leading businesswoman-cum-philanthropist in South Africa, recently received the Fashion 4 Development’s inaugural Franca Sozzani Award at the United Nations in New York for her efforts to promote African designers through her firm and support the empowerment of disadvantaged women.
The award commemorates late Franca Sozzani, editor-in-chief of Vogue Italia. Fashion 4 Development (F4D) is a private sector global platform founded by Evie Evangelou in January 2011 in support of the UN millennium development goals and the UN’s ‘Every Woman, Every Child’ initiative spearheaded by former secretary-general Ban Ki Moon.
F4D supports programmes in 20 countries using fashion and the textile industry to advance economic and social development and preserve culture.
Moloi-Motsepe was nominated for the award by Franca Sozzani’s son, the Emmy Award-nominated film director Francesco Carrozzini and Norway’s crown princess Mette-Marit on behalf of F4D, a South African news website reported.
She received the award on September 19 by F4D Evangelou and fashion designer Livia Firth when the 72nd session of the UN General Assembly is under way
Zimbabwe cotton yield up 150% to 70,000 tonnes
With support from the Zimbabwe government, an increase of 150 per cent has been recorded in the production of cotton. This year, the cotton yield was 70,000 tonnes compared to 28,000 tonnes last year, the lowest since 1992. The drastic surge in cotton output also generated employment opportunities for the locals, improving the country’s economy.
The assistance from the government helped in the development of Zimbabwe’s cotton industry. The government in association with The Cotton Company of Zimbabwe (Cottco) increased the financial support for the cotton industry by adding $42 million to the existing $60 million for this year, according to media reports. Cottco also set up 433 buying points across the country where farmers can sell their produce.
The government provided for all the input requirements for the new season for free to cotton farmers. This step was taken in an effort to revive the cotton sector which was once the country’s biggest source of export revenue.
As part of the development programme in the cotton industry, the government introduced various free support initiatives including Presidential Free Inputs Scheme that helped the farmers to increase cotton cultivation through various facilities. The support programmes by the government were appreciated by the cotton farmers.
To boost cotton production, the government provided $36 million worth of inputs free of cost to growers during 2016-17 cropping season. During the current buying season, Cottco initially paid 40 cents per kg, and after grading the crop it paid grade related additional grade related price adjustment of 15 cents for Grade A, 10 cents for Grade B and 5 cents for Grade D.
In 2011, Zimbabwe produced 268,000 tonnes of cotton which decreased to 135,000 tonnes in 2013-14 and further to 100,000 tonnes in the year 2014-15.
Botswana launches response strategy for US AGOA scheme
Botswana’s ministry of investment trade and Industry (MITI) recently launched its response strategy for the US African Growth and Opportunity Act (AGOA) initiative with assistance from the USAID Southern African Trade and Investment Hub. The strategy offers a roadmap for developing export competitiveness, according to MITI minister Vincent Seretse.
AGOA offers Botswana and other African countries non-reciprocal concessions of more than 6,500 product lines duty free into the US market. USAID will help local businesses with the utilisation of financial institutions, identify gaps and assist small and medium enterprises in building capacity.
The AGOA act was enacted into law in 2000 and has been renewed till 2025.
At the launch ceremony in Gaborone last week, Seretse said the strategy will help the government identify policy responses in targeted sectors to allow exporters in Botswana to increase exports under AGOA, cultivate a consultative mechanism between public and private players and attract investment in those sectors that can benefit from international trade, said a report in a Botswana newspaper.
The sectors identified include textiles and apparel, horticulture and agro-processing, handicrafts, leather and natural products. The strategy also encompasses an elaborate implementation matrix detailing specific sector based actions and activities to be undertaken for effective implementation of the Strategy.
To ease the business environment, a one-stop shop centre will be officially launched in October, Seretse added.
Meanwhile, the Botswana Investment and Trade Centre (BITC) has launched a ‘crusade’ to gain greater access to the UK and the European Union markets, another newspaper reported. Interested exporters have been invited to submit their updated company profiles and the BITC plans to target trade fairs and expos in the region to promote its companies and products.
Did you know……..
Sneakers came to us thanks to Keds, the first company to create this type of shoe, in 1917. Converse produced their first pair of sneakers later that year.
Marc Jacobs, strange as it seems, is the Creative Director of Louis Vuitton, a position he has had for 18 years. Bonus fact: He has tons of tattoos!
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