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; investments; joint ventures, cooperation, licensing and distribution; and new facilities.
Brands, companies and other organisations featured in this report include: adidas, Authentic Brands Group (ABG), Canopy, Carrington Textiles, Delta Galil Industries, Eddie Bauer, Eurofins, HanesBrands, Infinited Fiber Company, Kraig Biocraft Laboratories (Kraig Labs), lululemon athletica (lululemon), Mammut, Origin Materials, Patagonia, PrimaLoft, Puma, Redwood Capital Investments, SGS, SPARC Group, Telemos Capital, The Microfibre Consortium (TMC), VF Corporation, and the ZDHC Foundation.
Table of Contents
SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS
- Authentic Brands Group (ABG) and SPARC Group have acquired the outdoor clothing company Eddie Bauer
- Telemos Capital has acquired the outdoor brand Mammut
- VF Corporation has sold the occupational portion of its Work segment
CORPORATE SOCIAL RESPONSIBILITY (CSR)
- Eurofins and SGS have become third-party laboratory members of The Microfibre Consortium (TMC)
- Puma has partnered with Canopy as part of its commitment to protect forests and source its paper, cardboard and viscose sustainably
- The ZDHC Foundation has joined The Microfibre Consortium (TMC) as a research member
CORPORATE STRATEGY
- HanesBrands has announced a three-year growth plan
- Expanding the Champion brand
- Increasing sales of innerwear
- Improving “consumer centricity”
- Focusing its portfolio lululemon has launched a product trade-in and resale platform as part of its strategy of improving the environmental sustainability of its operations
INVESTMENTS
- Kraig Biocraft Laboratories (Kraig Labs) has secured US$4 mn worth of investment
JOINT VENTURES, COOPERATION, LICENSING AND
DISTRIBUTION
- Delta Galil Industries has entered into a licensing agreement with adidas relating to men’s and women’s underwear collections
- Origin Materials and PrimaLoft have established a programme through which they will collaborate in the development of carbon negative fibres
- Patagonia has signed a multi-year sales agreement with Infinited Fiber Company relating to the supply of Infinna fibre
NEW FACILITIES
- Carrington Textiles has opened a new warehouse facility in South Africa
- VF Corporation has opened a new fulfilment centre in the UK
List of figures
Figure 1: VF Corporation fulfilment centre in Bardon, UK
Companies Mentioned
- Adidas
- Authentic Brands Group (ABG)
- Canopy
- Carrington Textiles
- Delta Galil Industries
- Eddie Bauer
- Eurofins
- HanesBrands
- Infinited Fiber Company
- Kraig Biocraft Laboratories (Kraig Labs)
- lululemon athletica (lululemon)
- Mammut
- Origin Materials
- Patagonia
- PrimaLoft
- Puma
- Redwood Capital Investments
- SGS
- SPARC Group
- Telemos Capital
- The Microfibre Consortium (TMC)
- VF Corporation
- ZDHC Foundation
