Issue
171: May 2023

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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 - Pangaia has collaborated with footwear manufacturer Zellerfeld in the development of a sneaker which can be recycled easily at the end of its useful life
- Freudenberg Performance Materials Apparel has developed a range of fusible shirt interlinings which are biodegradable
- Zara has collaborated with Circ in the development of a capsule collection which is made using polyester and lyocell derived from recycled textile waste
BUSINESS UPDATE - Avery Dennison has signed a definitive agreement to acquire custom embellishments manufacturer Lion Brothers
- Asos: group revenues in the first half of 2022/23 were down by 8%
- Gildan Activewear: net sales in the first quarter of 2023 were down by 9.3%
- Kontoor Brands: net sales in the first quarter of 2023 were down by 2%
- Consumer expenditure on clothing and footwear in Asia and Oceania is forecast to grow by 6.3% per annum between 2022 and 2027
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