This report provides information, analysis and valuable insight into developments relating to the performance apparel industry in the following categories: acquisitions, divestments and mergers; environmental legislation; environmental, social and governance (ESG); joint ventures, cooperation, licensing and distribution; new stores; and standards, certifications and test methods. Brands, companies and other organisations featured in this report include: Ambercycle; Arc’teryx; Decathlon; Hohenstein; Milliken & Company; Myant; Oeko-Tex; Physical Properties Testers (PPT) Group; Puma; Spinnova; Textile Exchange; Tidal Vision; Under Armour; and Woodspin.
- SUMMARY
- ACQUISITIONS, DIVESTMENTS AND MERGERS
- Smart textiles producer Myant has acquired two textile technologies specialists in Switzerland as part of plans to strengthen its position in the health care market
- Nanoleq
- Osmotex
- ENVIRONMENTAL LEGISLATION
- Landmark legislation prohibiting the sale of apparel containing per- and polyfluoroalkyl substances (PFASs) has come into effect in several US states
- California, USA
- Colorado, USA
- New York, USA
- ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG)
- Textile Exchange has called for virgin synthetic fibres to be phased out urgently
- JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION
- Milliken & Company has entered into a strategic partnership agreement with Tidal Vision in order to accelerate the introduction of chemical solutions based on chitosan across a number of markets
- Outdoor apparel and equipment brand Arc’teryx has entered into a strategic partnership agreement with textile recycling company Ambercycle
- Puma has entered into an agreement with fibre producer Woodspin for the supply of Spinnova fibre
- NEW STORES
- Sporting goods retailer Decathlon has opened a new physical retail store in Munich, Germany, as part of ambitious plans for growth in the country
- STANDARDS, CERTIFICATIONS AND TEST METHODS
- Products containing fibres derived from recycled pre-consumer polyethylene terephthalate (PET) plastic bottles will no longer be eligible for certification in accordance with Standard 100 by
- Oeko-Tex
- Under Armour has collaborated with Hohenstein and PPT Group in the development of a test method for measuring the propensity of textiles to shed microfibres during washing
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