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Global Apparel Update
Issue 175: September 2023

Product Overview
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Product Overview   

Global Apparel Update is an executive briefing, supplied in digital format. Each month, we report on the latest news from the international apparel market.
What's in it?

Global Apparel Update contains independent research, insight and analysis on product innovations and business developments from the international apparel market. Topics regularly featured include:

  • acquisitions, divestments and mergers
  • additives
  • artificial leather materials
  • chemical recycling
  • circularity
  • colour trends
  • corporate social responsibility (CSR)
  • cotton
  • denim
  • dyes
  • environmental sustainability
  • fibres
  • financial results
  • footwear
  • investments
  • joint ventures, cooperation, licensing and distribution
  • market forecasts
  • new facilities
  • trace technology
  • treatments and finishes
  • wearable technology

It also contains news from brands, companies, and other organisations, such as: Alchemie Technology, Archroma, Asos, Avery Dennison, bluesign technologies, CleanKore, Cone Denim, Eastman, Euratex (the European Apparel and Textile Confederation), Fashion for Good, Fast Retailing, Gap, Gildan Activewear, H&M Group, Haelixa, HeiQ, Higg, Huntsman Textile Effects, Hyosung, Inditex, Indorama Ventures (IVL), Infinited Fiber Company, Invista, Lenzing, Nilit, Noble Biomaterials, Oeko-Tex, Pantone, Polybion, Recover, Shein, Stony Creek Colors, Teijin Frontier, The TJX Companies, Thai Acrylic Fibre, VF Corporation, Zalando, and ZDHC Foundation.

Like all Textiles Intelligence publications, Global Apparel Update is a reliable source of independently sourced business information, and it does not carry advertising.

Contents

PRODUCT DEVELOPMENTS AND INNOVATIONS

  • Textil Santanderina has developed a denim fabrics collection in collaboration with speciality chemicals producer Archroma
  • Lenzing Group (Lenzing) has developed Lenzing EcoVero branded viscose fibres with Refibra technology
  • Spinnova has collaborated with Renewcell in the development of a technology for producing fibres made using materials derived from textile waste

BUSINESS UPDATE

  • Gap: net sales in the second quarter of 2023/24 were down by 8%
  • The TJX Companies: net sales in the second quarter of 2023/24 were up by 8%
  • Consumer expenditure on clothing and footwear in ten national markets in the Americas is forecast to grow by an average of 2.8% per annum between 2022 and 2027
  • MycoWorks has opened its first commercial-scale plant for producing Reishi bio-based artificial leather material
  • TrusTrace has joined industry leaders in the Trace4Value project in order to test the application of digital product passports in textiles