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Global Apparel Markets: Business Update, 2020

  • ID: 4997176
  • Report
  • January 2020
  • Region: Global
  • 14 Pages
  • Textiles Intelligence Ltd.
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FEATURED COMPANIES

  • Banana Republic
  • Fast Retailing
  • IKEA Range & Supply
  • Le Tote
  • Marquee Brands
  • Schoch
  • MORE

This report provides information, analysis and valuable insight into developments relating to the global apparel industry in the following categories: acquisitions, divestments and mergers; computer-aided design and computer-aided manufacturing (CAD/CAM); corporate social responsibility (CSR); environmental sustainability; investments; joint ventures, cooperation, licensing and distribution; market forecasts; new stores; recycling; standards; and traceability.

Brands, companies, initiatives and organisations featured in this report include: Authentic Brands Group (ABG), Banana Republic, Barneys New York, Destination Maternity Corporation, Elevate Textiles, Evrnu, Fast Retailing, Gildan Activewear, H&M Group, HanesBrands, IKEA Range & Supply, Itema, JCPenney, The Jeans Company (TJC), Kontoor Brands, Le Tote, Lenzing Group (Lenzing), Levi Strauss & Co, Lord + Taylor, Marquee Brands, The Microfibre Consortium (TMC), Nike, Ocean Conservancy, PVH, Sellpy, Schoch, Timberland, Tommy Hilfiger and the United Nations (UN) International Labour Organization (ILO).

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Banana Republic
  • Fast Retailing
  • IKEA Range & Supply
  • Le Tote
  • Marquee Brands
  • Schoch
  • MORE

1. SUMMARY

2. ACQUISITIONS, DIVESTMENTS AND MERGERS

  • Authentic Brands Group (ABG) has acquired the intellectual property of luxury department store Barneys New York
  • Itema has acquired Schoch as part of its strategy of diversifying within the weaving machinery market
  • Levi Strauss & Co has acquired all operating assets relating to its Levi’s and Dockers brands which were owned by The Jeans Company (TJC), a distributor of products in Bolivia, Chile and Peru
  • Marquee Brands has acquired Destination Maternity Corporation as part of its strategy of diversification
  • Online rental platform Le Tote has agreed to acquire luxury department store Lord + Taylor

3. COMPUTER-AIDED DESIGN AND COMPUTER-AIDED MANUFACTURING (CAD/CAM)

  • Tommy Hilfiger has launched three-dimensional (3D) computer-aided design (CAD) technology at its design headquarters as part of a strategy of digitalising its entire value chain

4. CORPORATE SOCIAL RESPONSIBILITY (CSR)

  • Fast Retailing has entered into a partnership with the United Nations (UN) International Labour Organization (ILO) to improve working conditions and social security standards for apparel workers in Asia
  • Nike has partnered with Ocean Conservancy to launch the Arctic Shipping Corporate Pledge

5. ENVIRONMENTAL SUSTAINABILITY

  • 32 industry-leading companies have signed an agreement called Fashion Pact in a bid to reduce the environmental impact of the fashion industry
  • Elevate Textiles has announced new sustainability targets which have been adopted by its portfolio of brands
  • Gildan Activewear has published its 2018 Genuine Responsibility Sustainability Report
  • HanesBrands will apply recycling instruction labels to its product packaging
  • Kontoor Brands has published a new company policy relating to the use of raw materials which are sourced from forests
  • Levi Strauss & Co has launched an ambitious water conservation strategy
  • PVH has announced new greenhouse gas (GHG) emission targets which have received approval from the Science Based Targets initiative (SBTi)
  • Timberland has launched its largest-ever campaign as part of its environmental sustainability strategy

6. INVESTMENTS

  • H&M Group has invested Skr132 mn in the online clothing resale platform Sellpy through its investment arm CO:LAB
  • Textile recycling specialist Evrnu has secured Series A funding worth US$9.1 mn

7. JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION

  • Banana Republic has entered into a partnership with CaaStle to launch an online rental service called Style Passport
  • JCPenney has entered into a partnership agreement with thredUP to launch thredUP concessions within 30 JCPenney retail stores

8. MARKET FORECASTS

  • Consumer expenditure on clothing and footwear in the Americas is forecast to grow by 3.5% per annum between 2019 and 2023

9. NEW STORES

  • JCPenney has opened a large experiential store in Hurst, Texas, USA

10. RECYCLING

  • H&M Group and IKEA Range & Supply have collaborated in conducting a study to investigate the chemical content of recyclable textiles

11. STANDARDS

  • The Microfibre Consortium (TMC) has released details of a microfibre shedding test methodology

12. TRACEABILITY

  • Lenzing Group (Lenzing) has presented the results of its first pilot project which explored the use of blockchain technology

List of Tables
Table 1: Americas: consumer expenditure on clothing and footwear, selected markets, 2014-23

List of Figures
Figure 1: How2Recycle packaging label
Figure 2: JCPenney’s new store in Hurst, Texas, USA

Note: Product cover images may vary from those shown
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  • Authentic Brands Group (ABG)
  • Banana Republic
  • Barneys New York
  • Destination Maternity Corporation
  • Elevate Textiles
  • Evrnu
  • Fast Retailing
  • Gildan Activewear
  • H&M Group
  • HanesBrands
  • IKEA Range & Supply
  • Itema
  • JCPenney
  • Kontoor Brands
  • Le Tote
  • Lenzing Group (Lenzing)
  • Levi Strauss & Co
  • Lord + Taylor
  • Marquee Brands
  • Nike
  • Ocean Conservancy
  • PVH
  • Schoch
  • Sellpy
  • The Jeans Company (TJC)
  • The Microfibre Consortium (TMC)
  • Timberland
  • Tommy Hilfiger
  • United Nations (UN) International Labour Organization (ILO)
Note: Product cover images may vary from those shown
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