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 an overview of the sector for performance apparel and corporatewear. It provides market data and analysis of new and established markets for performance fibres, fabrics and clothing, and is essential reading for executives who are working in (or supplying) this fast growing sector. It is also an invaluable one-stop-shop where people who are not involved in the industry on a day-to-day basis can find an authoritative source of relevant information which helps them to quickly gain an understanding of the key issues facing the companies in this sector.
Reports in Performance Apparel Markets include:
	reports on major developments in the global performance apparel market, focusing on new products and technologies, innovative fibres and key players;
	detailed, independently-researched reports on one of the following topics: antimicrobial fibres and fabrics, anti-static technology, flame resistant fibres and fabrics, high strength fibres and fabrics, high visibility apparel, microencapsulation, moisture management fabrics, performance swimwear, seamless knitting and stitch-free seaming technologies, smart and interactive textiles, stain protective apparel, stretch fibres and fabrics, surfwear and surf-inspired clothing, temperature regulation, UV protective fibres and fabrics, and waterproof breathable fabrics;
	company profiles, outlining the business, product, market and manufacturing strategies employed by key players in the performance apparel industry; and
	business news and developments affecting global performance apparel markets, majoring on innovations, mergers and acquisitions, investments, joint ventures, and financial performances.
Performance apparel represents one of the fastest growing sectors of the international textile and clothing industry ? and market growth is being fuelled by the emergence of new fibres, new fabrics and innovative process technologies. The market is also being boosted by changes in consumer lifestyles. People are living longer and spending more time on leisure activities. New high-tech fabrics are being developed for a wide range of active sports such as aerobics, athletics, ballooning, cycling, hiking, mountaineering, parachuting, sailing, skiing, snowboarding, swimming, and windsurfing.
Exciting innovations are emerging in smart textiles and nanotechnology ? and the sector?s growth prospects are helped by the trend in increasing demand for performance features in mainstream fashion.
Performance Apparel Markets is available on subscription ? either in printed format only, or in printed and electronic format. If you choose the printed only option, you will receive 4 printed publications a year. Each issue contains five reports (as above).
Electronic supplement If you choose the printed and electronic option, you will receive an extra service. You will still receive each issue in printed format, delivered to you by traditional post. In addition, you will be able to download PDF files containing the same information ? but the PDF files will be available immediately on publication, so you don?t have to wait for the printing and mailing. You also have all the benefits of electronic files: instant access even when you are away from the office; convenient storage in your PC or laptop; portability; electronic search facility; and copy/paste facility. You will also receive "Performance Apparel Update" delivered to you by email, free of charge, every month. This free supplement contains an update of business news as well as the latest product developments and innovations.
A subscription to Performance Apparel Markets will support your decision making, and provide the information you need to expand into new markets.