Performance apparel markets: business update, January 2020
This report provides information, analysis and valuable insight into developments relating to the performance apparel industry in the following categories: acquisitions, divestments and mergers; capacity expansions; corporate social responsibility (CSR); corporate strategy; investments; and joint ventures, cooperation, licensing and distribution. Brands, companies and other organisations featured in this report include: Acushnet Holdings, the American Association of Textile Chemists and Colorists (AATCC), Asics Ventures Corporation (Asics Ventures), Columbia Sportswear, Cone Denim, Elevate Textiles, Evrnu, Global Brands Group, Indorama Ventures PCL (IVL), KJUS, Kraig Biocraft Laboratories, Milliken & Company (Milliken), Mount Vernon FR, Polartec, Puma, Pyrates, RISE (Research Institutes of Sweden), Sinterama, Textile Exchange, The Microfibre Consortium (TMC), Toray and Westex by Milliken.
SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS
Acushnet Holdings has acquired the golf and ski apparel specialist KJUS
Asics Ventures Corporation (Asics Ventures) has acquired an equity stake in the start-up company Pyrates
Indorama Ventures PCL (IVL) has acquired the Italy-based yarn manufacturer Sinterama
Milliken & Company (Milliken) has acquired the performance fabric specialist Polartec
CAPACITY EXPANSIONS
Mount Vernon FR has expanded its capacity for treating flame resistant fabrics at its facility in Trion, Georgia, USA
CORPORATE SOCIAL RESPONSIBILITY (CSR)
Elevate Textiles has announced new sustainability targets which have been adopted by its portfolio brands
Elevate Textiles has expanded its participation in the activities of the ZDHC Roadmap to Zero Programme
Three organisations have joined the Microfibre Consortium (TMC) to boost its research efforts and international reach
CORPORATE STRATEGY
Columbia Sportswear is expanding its global headquarters in Washington County, Oregon, USA
Kraig Biocraft Laboratories has completed the construction of a biotechnology research facility in Vietnam
Puma is reintroducing swimwear as part of its product portfolio
Toray has developed a new commercial brand called &+ which it will apply to polyester fibres derived from post-consumer waste plastic bottles
INVESTMENTS
Textile recycling specialist Evrnu has secured Series A funding worth US$9.1 mn
JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION
Cone Denim and Westex by Milliken have extended their exclusive partnership relating to the manufacture of flame resistant denim fabrics
Global Brands Group will design, develop and distribute Dakine branded performance apparel
ACQUISITIONS, DIVESTMENTS AND MERGERS
Acushnet Holdings has acquired the golf and ski apparel specialist KJUS
Asics Ventures Corporation (Asics Ventures) has acquired an equity stake in the start-up company Pyrates
Indorama Ventures PCL (IVL) has acquired the Italy-based yarn manufacturer Sinterama
Milliken & Company (Milliken) has acquired the performance fabric specialist Polartec
CAPACITY EXPANSIONS
Mount Vernon FR has expanded its capacity for treating flame resistant fabrics at its facility in Trion, Georgia, USA
CORPORATE SOCIAL RESPONSIBILITY (CSR)
Elevate Textiles has announced new sustainability targets which have been adopted by its portfolio brands
Elevate Textiles has expanded its participation in the activities of the ZDHC Roadmap to Zero Programme
Three organisations have joined the Microfibre Consortium (TMC) to boost its research efforts and international reach
CORPORATE STRATEGY
Columbia Sportswear is expanding its global headquarters in Washington County, Oregon, USA
Kraig Biocraft Laboratories has completed the construction of a biotechnology research facility in Vietnam
Puma is reintroducing swimwear as part of its product portfolio
Toray has developed a new commercial brand called &+ which it will apply to polyester fibres derived from post-consumer waste plastic bottles
INVESTMENTS
Textile recycling specialist Evrnu has secured Series A funding worth US$9.1 mn
JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION
Cone Denim and Westex by Milliken have extended their exclusive partnership relating to the manufacture of flame resistant denim fabrics
Global Brands Group will design, develop and distribute Dakine branded performance apparel
