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Global apparel markets: business update, December 2020

December 2020 | 13 pages | ID: GEFED76D8455EN
Textiles Intelligence Ltd

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This report provides information, analysis and valuable insight into developments relating to the global apparel industry in the following categories: acquisitions, divestments and mergers; business news; corporate social responsibility (CSR); corporate strategy; COVID-19; environmental sustainability; events; and traceability. Brands, companies, initiatives and organisations featured in this report include: Aquafil, Authentic Brands Group (ABG), Brooks Brothers, Cone Denim, the Ellen MacArthur Foundation, Fashion for Good, Field to Market: The Alliance for Sustainable Agriculture (Field to Market), Gap, Inditex, IndustriALL Global Union, Kering, Kontoor Brands, Lenzing Group (Lenzing), Oritain, Premi?re Vision, SPARC Group (SPARC), Textile Exchange, the US Cotton Trust Protocol, Yeezy, and Zalando.
SUMMARY

ACQUISITIONS, DIVESTMENTS AND MERGERS

Authentic Brands Group (ABG) and SPARC Group (SPARC) have acquired clothing retailer
Brooks Brothers

BUSINESS NEWS

Gap and luxury fashion brand Yeezy have formed a partnership to launch a range of apparel

CORPORATE SOCIAL RESPONSIBILITY (CSR)

Aquafil has become a network member of the Ellen MacArthur Foundation
Lenzing has been awarded Gold status by EcoVadis for its commitment to corporate social
responsibility (CSR)

CORPORATE STRATEGY

Zalando will launch several luxury women’s wear brands on its online fashion store

COVID-19

Inditex and IndustriALL Global Union will support the apparel industry in its recovery from
the COVID-19 pandemic

ENVIRONMENTAL SUSTAINABILITY

Fashion for Good has launched a project to investigate closed-loop chemical recycling
processes for converting waste cotton into cellulosic fibres
Field to Market and the US Cotton Trust Protocol have formed a partnership to help improve
the environmental sustainability of the US cotton industry
Gap and Textile Exchange have developed a resource to support businesses in sourcing
environmentally sustainable fibres
Kering has published a strategy to support nature conservation and reduce the impact of its
operations on biodiversity
Kontoor Brands has published its global sustainability strategy

EVENTS

Premi?re Vision has reported that its first ever digital edition of Premi?re Vision Paris was a
success and reflects the accelerating digital transformation of the fashion and textile industry

TRACEABILITY

Cone Denim has entered into a partnership with Oritain to apply verification technology to
Cone Denim products


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