Performance apparel markets: business update, July 2023
This report provides information, analysis and valuable insight into developments relating to the performance apparel industry in the following categories: acquisitions, divestments and mergers; joint ventures, cooperation, licensing and distribution; patent infringements; and standards. Brands, companies and other organisations featured in this report include: Burberry; the Egyptian Biodynamic Association (EBDA); Hyosung Advanced Materials; lululemon athletica (lululemon); Nike; Origin Materials; Under Armour; and Ventile.
- SUMMARY
- ACQUISITIONS, DIVESTMENTS AND MERGERS
- Burberry is to acquire its technical outerwear supplier from Pattern for Euro21 mn
- JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION
- Origin Materials and Hyosung Advanced Materials have entered into a joint venture agreement relating to the production of apparel made using carbon negative materials
- Ventile has entered into a joint venture agreement with the Egyptian Biodynamic Association(EBDA) to support the transition of Egyptian farmers to biodynamic farming practices
- PATENT INFRINGEMENTS
- Nike has filed a lawsuit against lululemon athletica for infringing a patent relating to its
- Flyknit material
- STANDARDS
- Under Armour has developed a new test method which is capable of measuring a fabric’s propensity to shed fibre fragments
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