Global apparel markets: business update, March 2018
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); joint ventures, cooperation, licensing and distribution; market forecasts; new facilities; and retailing. Companies, other organisations, individuals and brands featured in this report include: Belstaff, Esprit, Gildan, Hudson's Bay Company (HBC), Hugo Boss, Ineos, Invista, Katherine Soucie, Lenzing, Lord & Taylor, Made-By, Myntra, Reverse Resources, Shandong Ruyi and Zalando.
SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS
Ineos has acquired the luxury apparel brand Belstaff
Invista has entered into a definitive agreement to sell its Apparel & Advanced Textiles business to Shandong Ruyi
CORPORATE SOCIAL RESPONSIBILITY (CSR)
Gildan has entered into a partnership agreement with Katherine Soucie relating to the re-use of its hosiery waste materials
Made-By and Reverse Resources have collaborated in the launch of a new initiative to explore the re-use of waste materials generated during the manufacture of clothing
JOINT VENTURES, COOPERATION, LICENSING AND
DISTRIBUTION
Esprit has granted exclusive distribution and management rights in India to Myntra
MARKET FORECASTS
Consumer expenditure on clothing and footwear in Europe is forecast to grow by 4.5% per annum between 2016 and 2021
NEW FACILITIES
Hudson’s Bay Company (HBC) has opened a new corporate office in Bengaluru, India
Lenzing has opened an Application Innovation Center (AIC) in Hong Kong
Zalando will open a new technology hub in Lisbon, Portugal
RETAILING
Hugo Boss has opened a digital showroom for its Hugo brand
Lord & Taylor will sell its products via the Walmart online store
ACQUISITIONS, DIVESTMENTS AND MERGERS
Ineos has acquired the luxury apparel brand Belstaff
Invista has entered into a definitive agreement to sell its Apparel & Advanced Textiles business to Shandong Ruyi
CORPORATE SOCIAL RESPONSIBILITY (CSR)
Gildan has entered into a partnership agreement with Katherine Soucie relating to the re-use of its hosiery waste materials
Made-By and Reverse Resources have collaborated in the launch of a new initiative to explore the re-use of waste materials generated during the manufacture of clothing
JOINT VENTURES, COOPERATION, LICENSING AND
DISTRIBUTION
Esprit has granted exclusive distribution and management rights in India to Myntra
MARKET FORECASTS
Consumer expenditure on clothing and footwear in Europe is forecast to grow by 4.5% per annum between 2016 and 2021
NEW FACILITIES
Hudson’s Bay Company (HBC) has opened a new corporate office in Bengaluru, India
Lenzing has opened an Application Innovation Center (AIC) in Hong Kong
Zalando will open a new technology hub in Lisbon, Portugal
RETAILING
Hugo Boss has opened a digital showroom for its Hugo brand
Lord & Taylor will sell its products via the Walmart online store
LIST OF TABLES
Table 1: Europe: consumer expenditure on clothing and footwear, selected markets, 2012-21
Table 1: Europe: consumer expenditure on clothing and footwear, selected markets, 2012-21