Performance Apparel Markets: Business Update, December 2024
This report provides information, analysis and valuable insight into developments relating to the performance apparel industry in the following categories: acquisitions, divestments and mergers; corporate strategy; investments; joint ventures, cooperation, licensing and distribution; and traceability and transparency. Brands, companies and other organisations featured in this report include: Dick’s Sporting Goods; EssilorLuxottica; Fashion for Good; HeiQ; Inspectorio; Intrinsic Advanced Materials; Microban International; Pincroft; Supreme; Teijin Frontier; and VF Corporation.
- SUMMARY
- ACQUISITIONS, DIVESTMENTS AND MERGERS
- VF Corporation will sell the cult apparel and lifestyle brand Supreme to eyewear producer
- EssilorLuxottica despite acquiring the brand as recently as 2020
- CORPORATE STRATEGY
- HeiQ has delisted from the London Stock Exchange as part of a broader corporate strategy
- INVESTMENTS
- Pincroft has invested more than £1 mn (US$1.3 mn) in the purchase of new machinery for producing camouflage fabric for military applications
- Teijin Frontier has expanded its capacity for producing conjugate filaments for use in the manufacture of apparel and uniforms
- JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION
- Fashion for Good has launched an initiative which aims to accelerate footwear innovation
- Odour control specialist Microban International and additives producer Intrinsic Advanced Materials have entered into a strategic partnership to combine their respective textile technologies
- TRACEABILITY AND TRANSPARENCY
- US retailer Dick’s Sporting Goods has expanded its partnership with Inspectorio in order to improve the traceability and transparency of its supply chain
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