Performance apparel markets: business update, June 2019
This report provides information, analysis and valuable insight into developments relating to the performance apparel industry in the following categories: acquisitions, divestments and mergers; corporate social responsibility (CSR); corporate strategy; events; joint ventures, cooperation, licensing and distribution; and new facilities. Brands, companies and other organisations featured in this report include: Adidas, Baffin, BasicItalia, Callaway Golf Company, Canada Goose, Chemours, Columbia Sportswear, Columbia Sportswear Commercial (Shanghai) Company, Eigenmann & Veronelli, Elitac, Farfetch, Gore Wear, Huntsman Textile Effects, Injinji, Invista, Jack Wolfskin, Kraig Biocraft Laboratories, Madshus, Microban, Polygiene, Puma North America, Shandong Ruyi, Sport Finance, Stadium Goods, Teijin Group and VOLT Smart Yarns.
- SUMMARY
- CORPORATE SOCIAL RESPONSIBILITY (CSR)
- ASOS HAS PLEDGED TO ADDRESS MODERN SLAVERY IN THE APPAREL SUPPLY CHAIN
- SELFRIDGES WILL NO LONGER SELL PRODUCTS MADE USING EXOTIC ANIMAL SKINS
- THE H&M GROUP HAS PUBLISHED ITS SUSTAINABILITY REPORT FOR 2018
- TOMS SHOES HAS EXPANDED ITS PHILANTHROPIC ONE FOR ONE BUSINESS MODEL
- CORPORATE STRATEGY
- ARCHROMA HAS SCALED UP THE PRODUCTION OF ITS DENISOL INDIGO 30 DYE IN ORDER TO MEET HIGH DEMAND
- ASOS AND PVH HAVE BECOME STRATEGIC PARTNERS OF THE GLOBAL FASHION AGENDA
- GAP PLANS TO SEPARATE INTO TWO INDEPENDENT PUBLICLY TRADED COMPANIES
- H&M HAS ENTERED INTO AN AGREEMENT TO SELL ITS PRODUCTS ON THE INDIA-BASED E-COMMERCE PLATFORMS MYNTRA AND JABONG
- INTERNATIONAL TEXTILE GROUP (ITG) HAS BEEN RENAMED ELEVATE TEXTILES AND HAS ADOPTED A NEW CORPORATE IDENTITY
- LULULEMON ATHLETICA HAS ANNOUNCED A NEW STRATEGY FOR GROWTH WHICH WILL FOCUS ON PRODUCT INNOVATION, OMNI GUEST EXPERIENCES AND MARKET EXPANSION
- MR PORTER AND NET-A-PORTER HAVE LAUNCHED AN EXCLUSIVE PERSONALISED SHOPPING SERVICE
- ENVIRONMENTAL SUSTAINABILITY
- THE BETTER COTTON INITIATIVE (BCI) HAS REPORTED THAT THE SOURCING OF BETTER COTTON INCREASED BY 45% IN 2018
- EVENTS
- THE 2019 EDITION OF TEXPROCESS WAS HELD IN FRANKFURT, GERMANY, DURING MAY 14-17, 2019
- New technology
- New process
- JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION
- HARRODS HAS ENTERED INTO A STRATEGIC PARTNERSHIP WITH THE ONLINE RETAILER FARFETCH
- LENZING HAS ENTERED INTO A STRATEGIC PARTNERSHIP WITH THE TEXTILE AND FASHION FEDERATION (TAFF), SINGAPORE
- THE LUXURY FASHION GROUP SMCP HAS ENTERED INTO A STRATEGIC PARTNERSHIP WITH THE ONLINE RETAILER JD.COM
- UNIQLO HAS ENTERED INTO AN APPAREL SUPPLY PARTNERSHIP WITH THE SWEDISH OLYMPIC AND PARALYMPIC TEAMS
- WOLFORD HAS ENTERED INTO A PARTNERSHIP AGREEMENT WITH FOSUN FASHION BRAND MANAGEMENT COMPANY (FFBM) TO DEVELOP ITS BUSINESS IN CHINA
- LUXURY FASHION STORE OPENINGS
- MORE LUXURY FASHION STORES WERE OPENED IN LONDON, UK, THAN IN ANY OTHER CITY IN 2018
- MARKET FORECASTS
- CONSUMER EXPENDITURE ON CLOTHING AND FOOTWEAR IN ASIA AND OCEANIA IS FORECAST TO GROW BY 6.5% PER ANNUM BETWEEN 2018 AND 2023
- Table Asia and Oceania: consumer expenditure on clothing and footwear, selected markets, 2015-23
- CONSUMER EXPENDITURE ON CLOTHING AND FOOTWEAR IN AFRICA AND THE MIDDLE EAST IS FORECAST TO GROW BY 6.7% PER ANNUM BETWEEN 2018 AND 2023
- Table Africa and the Middle East: consumer expenditure on clothing and footwear, selected markets, 2015-23
- MARKETS
- EU CLOTHING IMPORTS WERE UP IN VALUE AND VOLUME IN 2018
- US CLOTHING IMPORTS WERE UP IN VALUE AND VOLUME IN 2018
- NEW FACILITIES
- THE FASTENINGS MANUFACTURER PRYM FASHION HAS OPENED A NEW FACILITY IN THE CHENNAI FREE TRADE ZONE (FTZ), IN TAMIL NADU, INDIA