Issue
168: February 2023

Product Overview
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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. | PRODUCT DEVELOPMENTS AND INNOVATIONS - Archroma has developed a range of environmentally sustainable dyes called FiberColors which are made using materials derived from textile waste
- Ralph Lauren has developed a Cradle to Cradle Certified Gold standard cashmere sweater and launched a cashmere recycling programme
- Garmon Chemicals has developed an environmentally sustainable and affordable neutralising agent called Avol Orange for use in the finishing of denim
BUSINESS UPDATE - Asos: group revenues in the first four months of 2022/23 were down by 4%
- H&M Group: net sales in 2021/22 were up by 12%
- Levi Strauss & Co: net revenues in 2021/22 were up by 7
- Fairbrics has secured Euro22 mn worth of investment to scale up its production of polyester fabric made using materials derived from carbon dioxide (CO2)
- Consumer expenditure on clothing and footwear in Africa and the Middle East is forecast to grow by 3.1% per annum between 2022 and 2027
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