Apparel business update, 1st quarter 2008

16 pages, published in Issue 1, 1st Quarter 2008   Report price: Euro 395.00; US$ 520.00

Acquisitions, divestments and mergers

• Nike has reached an agreement to sell its Bauer Hockey subsidiary
• Liz Claiborne has entered into an agreement to sell its Ellen Tracy brand
• Perry Ellis International has completed the acquisition of C&C California and Laundry from Liz Claiborne

Corporate social responsibility

• Indian jeans manufacturer Fibres and Fabrics has withdrawn its lawsuit against two labour rights groups
• Hemp Trading has joined a new ethical business accreditation scheme

Events

• Interstoff Asia Essential fulfils a vital role in the thriving world of eco-friendly fashion
• Berlin has hosted the first World Film Fashion Festival
• M&S and Oxfam encouraged clothes donation at London Fashion Weekend
• The 24th International Apparel Federation (IAF) World Apparel Convention will focus on changing consumer needs and the future of fashion business

Financial results

• Abercrombie & Fitch has announced its fourth quarter and full year results
• Marks & Spencer has announced its third quarter results
• Benetton Group has announced its preliminary full year results
• JC Penney has announced its fourth quarter and full year results
• Limited Brands has announced its fourth quarter and full year results
• PPR has announced its full year results
• TJX Companies has announced its fourth quarter and full year results

Joint ventures, cooperation, licensing and distribution agreements

• Dow XLA has partnered with Nisshinbo to launch a new stretch fibre denim collection
• The Institute for Marketecology (IMO) has certified two new organic cotton standards
• Peratech has licensed out its consumer wearable electronics unit to QIO systems

Markets

• UK supermarkets are becoming more popular as retail outlets for clothing
• The US hemp fabric market is growing by 10% a year

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• Apparel business update, 2nd quarter 2008, (2nd Quarter 2008)

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