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Global apparel markets: business update, 4th quarter 2008
published in Issue 4, 4th Quarter 2008
Table of Contents
Indonesia’s textile exports are forecast to rise by 2.6% in volume terms during 2009
Vietnam’s textile and apparel industry has been set an export target of US$25 bn by 2020
Demand for organic cotton is forecast to increase by 54% during the 2008/09 crop year
ACQUISITIONS, DIVESTMENTS AND MERGERS
BankInvest has signed an agreement to acquire a 20% stake in Son Kim Fashion (SKF)
Gap has completed the acquisition of Athleta
Li & Fung has completed the acquisition of Miles Fashion Group
Ningxia Zhongyin Cashmere has agreed to acquire Todd & Duncan
CORPORATE SOCIAL RESPONSIBILITY
Garment workers in Bangladesh are on "poverty wages", claims a UK charity
COMPANY RESTRUCTURING AND REORGANISATION
La Redoute plans to refocus its efforts towards Internet sales
Aeffe Group has signed a franchise agreement in South Korea with SE International
Australian Wool Innovation (AWI) and Reliance Industries are planning to collaborate in order to develop a new fabric for men’s wear
Cherokee has launched its Cherokee brand in Peru
Gap has expanded its Outlet business to Canada
H&M has entered into a franchise agreement with Match Retail to open H&M stores in Israel
Iconix Brand Group has entered into a licensing agreement with US sportswear firm ECI
Marc Jacobs International and Sumitomo have entered into an agreement to set up a
joint venture distribution company in Japan
Marks & Spencer (M&S) has opened its first store in mainland China
Moschino and Altana have signed a licensing agreement relating to Moschino children’s wear
UPM Raflatac has opened a manufacturing site in Guangzhou, China, for the production of radio frequency identification (RFID) tags
Wacoal Holdings is planning to open 20 retail stores in Vietnam by 2011
Carvico Jersey Lomellina Group has invested US$27 mn in a new knitting plant in Vietnam
Four times a year, Global Apparel Markets provides essential and up-to-date analysis and insight into the global apparel industry.
Reports contain updates on developments in the apparel sector, trade and trade policy, research-based information on individual market sectors, business news and expert opinions on strategy – to keep retailers, manufacturers and investors informed of the facts and figures which will affect their businesses.
Each issue contains:
a detailed research-based report or company profile covering information on sourcing, developments in technology, colour and/or fabric trends, market sectors such as discount retailing, or other issues which affect companies in the apparel industry;
a round-up of industry developments and innovations in the apparel sector;
a feature on trade and trade policy;
advice from industry experts on strategy; and
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