Global Apparel Markets: Business Update, 1st Quarter 2015
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); discontinued brands; events; financial results; joint ventures, cooperation, licensing and distribution; markets; and new stores. Companies, other organisations, individuals, brands and events featured in this report include Abercrombie & Fitch, Asos, Athleta, Ben Sherman, Children Worldwide Fashion (CWF), Comfort Colors, Derek Lam 10 Crosby, Gap, Gildan Activewear, H&M (Hennes & Mauritz), HanesBrands, Inditex, Intertextile Shanghai Apparel Fabrics, JC Penney, Karl Lagerfeld, Kate Spade & Company, Kering, Knights Apparel, Lemaire, Levi Strauss & Co, Marks & Spencer (M&S), Oxford Industries, Perry Ellis International, Piperlime, TJX Companies, Uniqlo, Walton Brown and Worn Again.
SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS
Gildan Activewear has acquired Comfort Colors
HanesBrands has acquired Knights Apparel
Oxford Industries will divest its Ben Sherman brand
CORPORATE SOCIAL RESPONSIBILITY (CSR)
H&M and Kering will partner with Worn Again to commercialise a new textile recycling process
Inditex will no longer sell garments which incorporate angora fibres
DISCONTINUED BRANDS
Gap has discontinued its Piperlime brand
EVENTS
Intertextile Shanghai Apparel Fabrics took place during March 18-20, 2015
FINANCIAL RESULTS
Abercrombie & Fitch: net sales down in the fourth quarter and the whole of 2014/15
Fourth quarter 2014/15
2014/15
Outlook
Asos: total group revenues up in the second quarter and the first half of 2014/15
Second quarter 2014/15
First half of 2014/15
Outlook
Gap: total net sales up in the fourth quarter and the whole of 2014/15
Fourth quarter 2014/15
2014/15
Gildan Activewear: net sales down in the quarter ending January 4, 2015
Outlook
H&M: net sales and gross profit up in the fourth quarter of 2013/14, the whole of 2013/14 and the first quarter of 2014/15
Fourth quarter 2013/14
2013/14
First quarter 2014/15
Outlook
Inditex: net sales up by 8% in 2014/15
New stores and investments
JC Penney: total sales up in the fourth quarter and the whole of 2014/15
Fourth quarter 2014/15
2014/15
Levi Strauss & Co: net sales up in the fourth quarter and the whole of 2013/14
Fourth quarter 2013/14
2013/14
Outlook
Marks & Spencer (M&S): sales up by 2.7% in the fourth quarter of 2014/15
Perry Ellis International: total revenues down by 2.4% in 2014/15
Fourth quarter 2014/15
2014/15
Outlook
TJX Companies: net sales up in 2014/15
Fourth quarter 2014/15
2014/15
INVESTMENTS
Marks & Spencer (M&S) will invest in its operations in China, Hong Kong and Macau during 2015
JOINT VENTURES, COOPERATION, LICENSING AND
DISTRIBUTION
Athleta is collaborating with Derek Lam 10 Crosby in the development of a new athleisure apparel collection
Karl Lagerfeld has entered into a licensing agreement with Children Worldwide Fashion (CWF)
Kate Spade & Company and Walton Brown have formed a joint venture to expand the presence of the kate spade new york brand in China, Hong Kong, Macau and Taiwan
Perry Ellis International has announced several new licensing agreements
Uniqlo and Lemaire will collaborate in the development of a collection of men’s and women’s apparel
MARKETS
EU clothing imports were up in value and volume in 2014
US clothing imports were up in value and in volume in 2014
NEW STORES
H&M has opened its first store in Taiwan
Uniqlo will open two flagship stores in Canada
ACQUISITIONS, DIVESTMENTS AND MERGERS
Gildan Activewear has acquired Comfort Colors
HanesBrands has acquired Knights Apparel
Oxford Industries will divest its Ben Sherman brand
CORPORATE SOCIAL RESPONSIBILITY (CSR)
H&M and Kering will partner with Worn Again to commercialise a new textile recycling process
Inditex will no longer sell garments which incorporate angora fibres
DISCONTINUED BRANDS
Gap has discontinued its Piperlime brand
EVENTS
Intertextile Shanghai Apparel Fabrics took place during March 18-20, 2015
FINANCIAL RESULTS
Abercrombie & Fitch: net sales down in the fourth quarter and the whole of 2014/15
Fourth quarter 2014/15
2014/15
Outlook
Asos: total group revenues up in the second quarter and the first half of 2014/15
Second quarter 2014/15
First half of 2014/15
Outlook
Gap: total net sales up in the fourth quarter and the whole of 2014/15
Fourth quarter 2014/15
2014/15
Gildan Activewear: net sales down in the quarter ending January 4, 2015
Outlook
H&M: net sales and gross profit up in the fourth quarter of 2013/14, the whole of 2013/14 and the first quarter of 2014/15
Fourth quarter 2013/14
2013/14
First quarter 2014/15
Outlook
Inditex: net sales up by 8% in 2014/15
New stores and investments
JC Penney: total sales up in the fourth quarter and the whole of 2014/15
Fourth quarter 2014/15
2014/15
Levi Strauss & Co: net sales up in the fourth quarter and the whole of 2013/14
Fourth quarter 2013/14
2013/14
Outlook
Marks & Spencer (M&S): sales up by 2.7% in the fourth quarter of 2014/15
Perry Ellis International: total revenues down by 2.4% in 2014/15
Fourth quarter 2014/15
2014/15
Outlook
TJX Companies: net sales up in 2014/15
Fourth quarter 2014/15
2014/15
INVESTMENTS
Marks & Spencer (M&S) will invest in its operations in China, Hong Kong and Macau during 2015
JOINT VENTURES, COOPERATION, LICENSING AND
DISTRIBUTION
Athleta is collaborating with Derek Lam 10 Crosby in the development of a new athleisure apparel collection
Karl Lagerfeld has entered into a licensing agreement with Children Worldwide Fashion (CWF)
Kate Spade & Company and Walton Brown have formed a joint venture to expand the presence of the kate spade new york brand in China, Hong Kong, Macau and Taiwan
Perry Ellis International has announced several new licensing agreements
Uniqlo and Lemaire will collaborate in the development of a collection of men’s and women’s apparel
MARKETS
EU clothing imports were up in value and volume in 2014
US clothing imports were up in value and in volume in 2014
NEW STORES
H&M has opened its first store in Taiwan
Uniqlo will open two flagship stores in Canada
