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Global Apparel Update
Issue 165: November 2022

Product Overview
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Product Overview   

Global Apparel Update is an executive briefing, supplied in electronic format. Each month, we include details of the latest developments and business news in the international apparel sector.
What's in it?
"Global Apparel Update" includes information on developments in the international apparel sector, such as developments in:
  • apparel manufacturing techniques
  • colour trends
  • denim fabric and collections
  • environmentally sustainable dyes, fibres, yarns and garments
  • environmentally sustainable processes
  • fabric cutting machinery
  • fair trade apparel collections
  • fasteners for apparel
  • garment finishing technologies
  • new fibres, fabrics and apparel collections
  • online retailing
  • performance denim collections
  • sportswear collections
  • sustainable denim
  • wearable technology

It also contains news of such companies and brands as Abercrombie & Fitch, Amazon, Archroma, Asos, Athleta, Banana Republic, Benetton Group, Best Pacific, Cotton Incorporated, Daiyin Textile (Malaysia), Donna Karan, Eastman Chemical Company, Fast Retailing, Galeries Lafayette, Gap, Garmon Chemicals, Gerber Technology, G-III Apparel Group, Gildan Activewear, H&M, Hollister, House of Fraser, Huntsman Textile Effects, Hyosung, Inditex, Invista, JC Penney, Lectra, Lenzing, Macy's, Marks and Spencer (M&S), Pantone, Peerless Clothing, Perry Ellis International, Primark, Royo Textile, Sewbo, ShangPin.com, Tanatex Chemicals, Target, Teijin, The TJX Companies, Tommy Hilfiger, Tonello, Topshop, VF Corporation, Victoria Beckham, Viyellatex Group, Weddington Way, Yoox Net-a-Porter (YNAP), Zalando, and Zhejiang Transfar (Transfar Chemicals).

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

Table of Contents

PRODUCT DEVELOPMENTS AND INNOVATIONS
  • Natural Fiber Welding (NFW) has collaborated with four leading global brands in the development of Mirum plant-based artificial leather materials made using Climate Beneficial cotton
  • Allied Feather + Down has developed a recycled down called RENU:TRACE which is traceable
  • Ananas Anam has developed a yarn called Piñayarn which is made using fibres derived from waste pineapple leaves

BUSINESS UPDATE
  • Authentic Brands Group (ABG) has acquired fashion apparel and accessories brand Ted Baker
  • Asos: group revenues in 2021/22 were up by 1%
  • Gap: net sales in the third quarter of 2022/23 were up by 2%
  • Gildan Activewear: net sales in the third quarter of 2022 were up by 6.0%
  • Kontoor Brands: net sales in the third quarter of 2022 were down by 7%
  • The TJX Companies: net sales in the third quarter of 2022/23 were down by 3%
  • Consumer expenditure on clothing and footwear in Europe is forecast to grow by 3.0% per annum between 2021 and 2026