Performance apparel markets: business update, March 2023

20 pages, published in Issue 76, March 2023   Report price: Euro 305.00; US$ 400.00

This report provides information, analysis and valuable insight into developments relating to the performance apparel industry in the following categories: acquisitions, divestments and mergers; circularity; investments; joint ventures, cooperation, licensing and distribution; new facilities; and new stores. Brands, companies and other organisations featured in this report include: Ascend Performance Materials; Circular Polymers; Circularise; Directa Plus; Green Theme Technologies (GTT); Horizon Europe; Invista; Miguel Caballero; Modern Meadow; Nishat Mills; Puma; Singtex; and Wernerfelt.

SUMMARY


ACQUISITIONS, DIVESTMENTS AND MERGERS

• Ascend Performance Materials (Ascend) has acquired a majority stake in Circular Polymers in order to secure a constant supply of recycled nylon materials
• Nishat Mills is to acquire performance fabric producer Wernerfelt

CIRCULARITY

• Horizon Europe has invested funding in the T-REX (Textile Recycling EXcellence) Project, which aims to establish a closed-loop process for recycling household textile waste
• Horizon Europe is funding a project called CISUTAC which aims to support the European textile and apparel industries in transitioning to a circular economy

INVESTMENTS

• Environmentally sustainable textile finishes developer Green Theme Technologies (GTT) has secured US$5.4 mn worth of investment to ramp up production of its EMPEL durable water repellent (DWR) finishing technology
• Software provider Circularise has secured Euro11 mn worth of investment in order to help industrial supply chains adopt principles of a circular economy

JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION

• Directa Plus has entered into a partnership agreement with Miguel Caballero relating to the supply of its graphene-based thermoregulation technology
• Modern Meadow and Singtex have signed a partnership agreement relating to the development of new and innovative bio-based materials across a range of applications

NEW FACILITIES

• Invista has announced the construction of a nylon 6.6 production facility in Camden, North Carolina, USA

NEW STORES

• Puma has opened a physical retail store in Argentina which is said to be the largest of its kind in Latin America

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Four times a year, Performance Apparel Markets provides intelligence, expert analysis and insight on the performance apparel industry. Performance apparel represents one of the fastest growing markets in the global textile and clothing industry--and market growth is being fuelled by an emergence of new fibres, fabrics and innovative materials. The market's growth prospects are also being spurred by increasing demand for performance properties in mainstream fashion.

What's in Performance Apparel Markets? Each issue provides an authoritative source of information on key industry topics, including: antimicrobial textiles; biomaterials; biomimicry; chemical protective clothing; circularity; compression and shapewear; cosmetotextiles; environmental sustainability; finishes; flame resistant clothing; footwear; graphene; insect repellent apparel; insulation materials; medical protective clothing; military clothing and equipment; moisture management; mono materials; outdoor apparel; personal protective equipment (PPE); smart textiles; sportswear; thermoregulation; waterproof breathable textiles; wearable technology; and workwear. A single issue of Performance Apparel Markets includes: an editorial think-piece on a topical issue from an industry expert a round-up of the latest product innovations a main feature on a new or established market insight and analysis of a key market leader or fast-growing start-up a round-up of the latest business developments An annual subscription to Performance Apparel Markets is a cost-effective way to keep informed about trends and developments in the global performance apparel industry. Subscriptions are available in printed and/or digital formats. Printed and digital subscribers receive each issue in printed format in addition to a digital PDF file, which is available immediately on publication. Subscribers also receive a complementary digital subscription to Performance Apparel Update, delivered directly by email once a month. This free supplement contains essential information on business news and the latest product developments. Like all Textiles Intelligence publications, Performance Apparel Markets is a reliable source of independently sourced business information, and it does not carry advertising. This is what our customers say: "I must congratulate your editorial team for the mammoth data collated from across the world, issue after issue; the data … is quite well researched and generally difficult to find." (Sanjay Chawla; Editor in Chief; DFU Publications)