Global apparel markets: business update, March 2018
This report provides information, analysis and valuable insight into developments relating to the global apparel industry in the following categories: acquisitions, divestments and mergers; corporate social responsibility (CSR); joint ventures, cooperation, licensing and distribution; market forecasts; new facilities; and retailing. Companies, other organisations, individuals and brands featured in this report include: Belstaff, Esprit, Gildan, Hudson's Bay Company (HBC), Hugo Boss, Ineos, Invista, Katherine Soucie, Lenzing, Lord & Taylor, Made-By, Myntra, Reverse Resources, Shandong Ruyi and Zalando.
- SUMMARY
- ACQUISITIONS, DIVESTMENTS AND MERGERS
- Ineos has acquired the luxury apparel brand Belstaff
- Invista has entered into a definitive agreement to sell its Apparel & Advanced Textiles business to Shandong Ruyi
- CORPORATE SOCIAL RESPONSIBILITY (CSR)
- Gildan has entered into a partnership agreement with Katherine Soucie relating to the re-use of its hosiery waste materials
- Made-By and Reverse Resources have collaborated in the launch of a new initiative to explore the re-use of waste materials generated during the manufacture of clothing
- JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION
- Esprit has granted exclusive distribution and management rights in India to Myntra
- MARKET FORECASTS
- Consumer expenditure on clothing and footwear in Europe is forecast to grow by 4.5% per annum between 2016 and 2021
- NEW FACILITIES
- Hudson’s Bay Company (HBC) has opened a new corporate office in Bengaluru, India
- Lenzing has opened an Application Innovation Center (AIC) in Hong Kong
- Zalando will open a new technology hub in Lisbon, Portugal
- RETAILING
- Hugo Boss has opened a digital showroom for its Hugo brand
- Lord & Taylor will sell its products via the Walmart online store
- List of tables
- Table 1: Europe: consumer expenditure on clothing and footwear, selected markets, 2012-21
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