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Performance Apparel Markets: Business Update, June 2019

June 2019 | 21 pages | ID: PB8BCD8A333EN
Textiles Intelligence Ltd

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This report provides information, analysis and valuable insight into developments relating to the performance apparel industry in the following categories: acquisitions, divestments and mergers; corporate social responsibility (CSR); corporate strategy; events; joint ventures, cooperation, licensing and distribution; and new facilities. Brands, companies and other organisations featured in this report include: Adidas, Baffin, BasicItalia, Callaway Golf Company, Canada Goose, Chemours, Columbia Sportswear, Columbia Sportswear Commercial (Shanghai) Company, Eigenmann & Veronelli, Elitac, Farfetch, Gore Wear, Huntsman Textile Effects, Injinji, Invista, Jack Wolfskin, Kraig Biocraft Laboratories, Madshus, Microban, Polygiene, Puma North America, Shandong Ruyi, Sport Finance, Stadium Goods, Teijin Group and VOLT Smart Yarns.
SUMMARY

ACQUISITIONS, DIVESTMENTS AND MERGERS

BasicItalia has acquired a 61% stake in Sport Finance
Callaway Golf Company has acquired the premium outdoor brand Jack Wolfskin
Canada Goose has acquired the outdoor apparel and footwear brand Baffin as part of its strategy of expanding into the footwear market
Columbia Sportswear has completed its acquisition of Columbia Sportswear Commercial (Shanghai) Company
Invista’s Apparel & Advanced Textiles business has been acquired by Shandong Ruyi
Teijin Group has acquired a 20% stake in Elitac, a developer of textiles and clothing with integrated wearable devices
The online luxury fashion retailer Farfetch has acquired the footwear and streetwear retailer Stadium Goods

CORPORATE SOCIAL RESPONSIBILITY (CSR)

Adidas has made a commitment to increase its production volumes of shoes incorporating fibres derived from recycled plastic waste materials

CORPORATE STRATEGY

The performance socks retailer Injinji has expanded the geographical delivery options available via its e-commerce site
Kraig Biocraft Laboratories has entered into an agreement to import and rear its transgenic silkworms in Vietnam
The odour control technology specialist Polygiene will establish a subsidiary in Hong Kong
The performance apparel brand Gore Wear and ski manufacturer Madshus have entered into a brand cooperation partnership
Puma North America has announced plans to set up new headquarters in Somerville,
Massachusetts, USA
VOLT Smart Yarns has established a new division which will work with apparel manufacturers to produce smart clothing products

EVENTS

The 2019 edition of Techtextil was held in Frankfurt, Germany, during May 14-17, 2019
New application
New material
New technology
Sustainability

JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION

The antimicrobial and anti-odour technology maker Microban has established a new distribution partnership with chemicals and performance materials company
Eigenmann & Veronelli
Huntsman Textile Effects and Chemours have entered into an agreement to expand their range of durable water repellent (DWR) treatments

NEW FACILITIES

Canada Goose has opened a new manufacturing facility in Montr?al, Qu?bec, Canada

LIST OF FIGURES

Figure 1: E-Caption 2.0-Smart and Safe Coat
Figure 2: cork-a-tex yarn
Figure 3: Robert Bosch and Stoll seamless knitted sensor glove


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