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Global Apparel Markets: Business Update, 2022 - Part One

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  • 22 Pages
  • January 2022
  • Region: Global
  • Textiles Intelligence Ltd.
  • ID: 5396889

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); corporate strategy; environmental sustainability; investments; joint ventures, cooperation, licensing and distribution; new facilities; and traceability.

Brands, companies, other organisations and initiatives featured in this report include: Asos, BlockTexx, C&A, Depop, Gap, Gerber Technology, Green Theme Technologies (GTT), HeiQ, Higg, Infinited Fiber Company, The International Accord for Health and Safety in the Textile and Garment Industry (International Accord), Kelheim Fibres, Lectra, Lenzing, Levi Strauss & Co, The Lycra Company, Missguided, Nordstrom, The Renewal Workshop (TRW), Renewcell, Sӧdra, Spiber, Teijin Polyester, the Waste and Resources Action Programme (WRAP), YKK and Zalando.


Table of Contents

Global Apparel Trade and Trade Policy: Leading Textile and Clothing Exporters and Key Import Markets

  • CAD/CAM technology specialist Lectra has acquired Gerber Technology
  • Consumer to consumer (C2C) apparel resale app developer Depop has been acquired by Etsy for a total of US$1.6 bn
  • Gap has acquired an e-commerce start-up company called Drapr as part of its digital transformation strategy
  • Levi Strauss & Co has acquired beyond Yoga

  • Leading textile and apparel brands have signed the International Accord for Health and
  • Safety in the Textile and Garment Industry (International Accord) to ensure global factory and labour safety standards

  • C&A will expand its partnership with Zalando’s Connected Retail platform

  • Renewcell and Kelheim Fibres have collaborated in the construction of a commercial-scale production line
  • The Waste and Resources Action Programme (WRAP) has established a ten-year sustainability programme called Textiles 2030

  • Biotechnology company Spiber has secured ¥34.4 bn (US$300 mn) in funding to scale up production and exploit commercial opportunities globally
  • Infinited Fiber Company has secured Euro30 mn worth of investment
  • Renewcell has secured Skr311 mn (US$36.9 mn) worth of investment for the construction of a textile recycling plant
  • Resale as a service (RAAS) provider The Renewal Workshop (TRW) has secured US$6 mn worth of investment

  • Asos and Nordstrom have entered into a joint venture agreement to develop the HIIT, Miss Selfridge, Topman and Topshop brands in the USA and Canada
  • HeiQ and The Lycra Company have formed a joint venture to develop new fibres, fabrics and textile innovations
  • ISKO and Soorty have formed a joint venture to develop fabric and garment collections
  • Lenzing and Södra have entered into a cooperation agreement to expand their capacity for producing pulp using post-consumer waste
  • Supermarket chain Asda has entered into a partnership with online retailer Missguided
  • YKK and Green Theme Technologies (GTT) have entered into a licensing agreement relating to GTT’s EMPEL technology

  • BlockTexx has started construction of a new textile recycling facility in Australia which will be the first of its kind in the country
  • Online clothing retailer Asos has invested £14 mn (US$19 mn) in a new technology facility in Belfast, UK
  • Teijin Polyester has constructed a facility to convert post-consumer waste polyethylene terephthalate (PET) plastic bottles into polyester chips

  • Technology Company Higg has launched a traceability program for textile supply chains



Companies Mentioned

  • Asos
  • BlockTexx
  • C&A
  • Depop
  • Gap
  • Gerber Technology
  • Green Theme Technologies (GTT)
  • HeiQ
  • Higg
  • Infinited Fiber Company
  • The International Accord for Health and Safety in the Textile and Garment Industry (International Accord)
  • Kelheim Fibres
  • Lectra
  • Lenzing
  • Levi Strauss & Co
  • The Lycra Company
  • Missguided
  • Nordstrom
  • The Renewal Workshop (TRW)
  • Renewcell
  • Sӧdra
  • Spiber
  • Teijin Polyester
  • The Waste and Resources Action Programme (WRAP)
  • YKK 
  • Zalando