Global Apparel Business Update, November 2013
This report provides information, analysis and valuable insight on developments relating to the global apparel industry in the following categories: acquisitions, divestments and mergers; corporate social responsibility (CSR); financial results; investments; joint ventures, cooperation, licensing and distribution; markets; new stores; and online retailing. Companies, organisations and brands analysed in the report include Abercrombie & Fitch, Advansa, Alliance for Bangladesh Worker Safety, American Apparel, Arcadia Group, Asos, Authentic Brands Group, C&A, C&A Foundation, Calvin Klein, Cond? Nast International, Cortefiel, COS, DNM Textiles, Demsa Group, F&F, Fast Retailing, Fawaz Al Hokair, Fifth & Pacific Companies, Gap, Gazal, Gildan Activewear, Grupo Cortefiel, G.U., H&M (Hennes & Mauritz), Hudson's Bay Company, Inditex, Invista, J Brand, JC Penney, Juicy Couture, JW Anderson, Lindex, Levi Strauss & Co, Mango, Mo?t Hennessy-Louis Vuitton (LVMH), Nordstrom, Olah, Perry Ellis International, PVH Corp, Oak, Old Navy, Saks Fifth Avenue, Suning, Superdry, SuperGroup, Tesco, TJX Companies, Topman, Topshop, Uniqlo, Vestiaire Collective and Water Footprint Network.
SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS
American Apparel has acquired Oak, a USA-based fashion boutique
Authentic Brands Group has entered into an agreement with Fifth & Pacific Companies to acquire the Juicy Couture brand
Hudson’s Bay Company has entered into an agreement to acquire Saks Fifth Avenue
Invista has entered into an agreement with Advansa to acquire its speciality polyester sector which makes products for apparel end uses
Mo?t Hennessy-louis Vuitton (LVMH) has entered into an agreement to acquire a minority stake in JW Anderson
JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION
Fast Retailing has established a subsidiary of J Brand in Japan
Olah has entered into a marketing and distribution agreement with DNM Textiles
PVH Corp has restructured a licensing agreement with Gazal relating to the distribution of
Calvin Klein products in Australia, New Zealand and other island nations in the South Pacific
Region
INVESTMENTS
Vestiaire Collective has secured investment worth US$20 mn
CORPORATE SOCIAL RESPONSIBILITY (CSR)
A group of leading North American apparel retailers and brands has formed the Alliance for
Bangladesh Worker Safety
C&A is working with C&A Foundation and Water Footprint Network to improve its water footprint
ONLINE RETAILING
H&M has opened an online store in the USA
Arcadia Group has opened an additional 36 Topshop and Topman concessions inside
Nordstrom stores in the USA
Fast Retailing has opened its first G.U. store in China and will open its first Uniqlo stores in
Australia and Germany
Gap will open its first Old Navy stores in the Philippines in 2014
Grupo Cortefiel has opened its first Cortefiel stores in the USA
H&M will open its first COS store in the USA
Lindex will open its first stores in China
Mango will open new Mango megastores around the world
SuperGroup will open its first Superdry stores in Turkey in early 2014
Tesco has opened an F&F flagship store in London, UK
MARKETS
US clothing imports were up in value and in volume in the first seven months of 2013
FINANCIAL RESULTS
Abercrombie & Fitch
Asos
Gap
Gildan Activewear
Outlook
H&M
Inditex
JC Penney
Levi Strauss & Co
Perry Ellis International
Outlook
TJX Companies
ACQUISITIONS, DIVESTMENTS AND MERGERS
American Apparel has acquired Oak, a USA-based fashion boutique
Authentic Brands Group has entered into an agreement with Fifth & Pacific Companies to acquire the Juicy Couture brand
Hudson’s Bay Company has entered into an agreement to acquire Saks Fifth Avenue
Invista has entered into an agreement with Advansa to acquire its speciality polyester sector which makes products for apparel end uses
Mo?t Hennessy-louis Vuitton (LVMH) has entered into an agreement to acquire a minority stake in JW Anderson
JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION
Fast Retailing has established a subsidiary of J Brand in Japan
Olah has entered into a marketing and distribution agreement with DNM Textiles
PVH Corp has restructured a licensing agreement with Gazal relating to the distribution of
Calvin Klein products in Australia, New Zealand and other island nations in the South Pacific
Region
INVESTMENTS
Vestiaire Collective has secured investment worth US$20 mn
CORPORATE SOCIAL RESPONSIBILITY (CSR)
A group of leading North American apparel retailers and brands has formed the Alliance for
Bangladesh Worker Safety
C&A is working with C&A Foundation and Water Footprint Network to improve its water footprint
ONLINE RETAILING
H&M has opened an online store in the USA
Arcadia Group has opened an additional 36 Topshop and Topman concessions inside
Nordstrom stores in the USA
Fast Retailing has opened its first G.U. store in China and will open its first Uniqlo stores in
Australia and Germany
Gap will open its first Old Navy stores in the Philippines in 2014
Grupo Cortefiel has opened its first Cortefiel stores in the USA
H&M will open its first COS store in the USA
Lindex will open its first stores in China
Mango will open new Mango megastores around the world
SuperGroup will open its first Superdry stores in Turkey in early 2014
Tesco has opened an F&F flagship store in London, UK
MARKETS
US clothing imports were up in value and in volume in the first seven months of 2013
FINANCIAL RESULTS
Abercrombie & Fitch
Asos
Gap
Gildan Activewear
Outlook
H&M
Inditex
JC Penney
Levi Strauss & Co
Perry Ellis International
Outlook
TJX Companies
