Issue
177: November 2023

Product Overview
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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 - Advance Denim, Renewcell and Yibin Grace Group have collaborated in the development of a denim fabric collection made using Gracell x Circulose viscose
- Spinnova has developed a denim fabric using Spinnova fibre which is said to be the first of its kind
- Birla Cellulose has developed a blend of fibres containing recycled fibre derived from textile waste
BUSINESS UPDATE - Asos: group revenues in 2022/23 were down by 10%
- Gap: net sales in the third quarter of 2023/24 were down by 7%
- Gildan Activewear: net sales in the third quarter of 2023 were up by 2.3
- Kontoor Brands: net sales in the third quarter of 2023 were up by 8%
- The TJX Companies: net sales in the third quarter of 2023/24 were up by 9%
- Aid by Trade Foundation (AbTF) has launched a new standard for regenerative cotton produced by small-scale farmers
- Better Cotton Initiative (BCI) has developed a traceability technology for BCI standard cotton
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