Worth Reading – Textile Intelligence launches Issue 47 of Global Apparel Markets

Talking strategy: the state of fashion in 2021

  • Innovations in cellulosic fibres derived from recycled textile waste and clothing waste
  • Global apparel markets: product developments and innovations, December 2020
  • Global apparel trade and trade policy: the world’s leading clothing exporters and key markets, December 2020
  • Global apparel markets: business update, December 2020

Talking strategy: the state of fashion in 2021 Buy this report now
The global fashion industry faces a major crisis at the start of 2021, according to “The State of Fashion 2021″—a report by The Business of Fashion and McKinsey & Company. In particular, the report warns that the industry will be significantly impacted by declining sales, rapidly changing consumer behaviour and disrupted supply chains. The COVID-19 pandemic and lockdown measures introduced to stem its spread caused a major shock to the global economy and the fashion industry worldwide in 2020. Economic profit among fashion companies worldwide fell by a staggering 90% in 2020 following a 4 % rise in 2019 and fashion sales in 2020 fell by an estimated 15-30 % compared with 2019. Many consumers have turned to online shopping, leaving retailers focused on brick and mortar formats struggling for survival. Retailers are therefore having to develop new strategies and be more agile than ever. Looking ahead, fashion industry revenues are unlikely to reach 2019 levels until the third quarter of 2022 at the earliest and the pace of recovery will vary across different fashion categories, value segments and geographical markets. In this edition of “Talking strategy”, Robin Anson analyses the findings of the report with particular reference to the effects of two scenarios on the recovery of the fashion industry—an early recovery scenario and a later recovery scenario. Also, he discusses ten themes identified in the report which highlight major disruptions sparked by COVID-19, and offers insight which will shape priorities for the year ahead.

Innovations in cellulosic fibres derived from recycled textile waste and clothing waste Buy this report now
Brands and retailers are under immense pressure to provide textile and apparel products which are environmentally sustainable. At the same time, there is an urgent need to reduce the amount of waste generated by the global fashion industry—which is estimated at 92 mn tons per annum. These key challenges could be addressed by making cellulosic fibres from materials derived from textile waste. These fibres are biodegradable and are therefore considered to be more environmentally sustainable than synthetic fibres. Also, textiles and clothing made from these fibres can themselves be used as feedstocks in recycling processes at the ends of their useful lives, thereby contributing towards the development of a circular economy. Some start-up companies have been quick to recognise the huge commercial potential for cellulosic fibres derived from textile waste and made rapid progress in developing innovative technologies in this area. Other companies have developed ways of making unique cellulosic fibres from materials recovered from textile waste. This report highlights the potential for commercialising cellulosic fibres derived from textile waste, and includes profiles of six start-up companies innovating in this sector, namely Circ, Evrnu, Infinited Fiber Company, Renewcell, Spinnova and Worn Again Technologies. Also, it describes a number of projects supporting the development of cellulosic fibres derived from post-consumer waste and provides an outlook for the future.

Global apparel markets: product developments and innovations, July 2020 Buy this report now
This report analyses some of the latest developments, innovations and new products in the global apparel industry, including: antiviral treatments, apparel collections, athleisure apparel, computer-aided design and computer-aided manufacturing (CAD/CAM), denim, dyeing processes, fibres and yarns, hemp fabric, and sanitisation technology. The report includes news from the following innovative companies, other organisations and brands: American Eagle Outfitters, Archroma, Asos, Bestseller, Diesel, Fraunhofer-Institut für Angewandte Polymerforschung (IAP—Fraunhofer Institute for Applied Polymer Research), Hemp Traders, Kemira, Lenzing Group (Lenzing), Levi Strauss & Co, Nylstar, Pantone, Polygiene, Püre, Renewcell, Soorty, Spinnova, and Teijin Frontier.

Global apparel trade and trade policy: the world’s leading clothing exporters and key markets, December 2020 Buy this report now
This report provides vital data and analysis of the world’s leading clothing exporters and the key markets they serve. World clothing exports edged down in US dollar terms in 2019 but still reached their second highest level on record. 85% of world clothing exports in value terms were accounted for by just ten leading clothing exporters, namely Bangladesh, Cambodia, China, the EU, Hong Kong, India, Indonesia, Pakistan, Turkey and Vietnam. As many as seven of these achieved growth in 2019 but the fastest growth was in clothing exports from Vietnam, followed by Pakistan and Cambodia. In terms of destination, strong growth was seen in clothing exports to a number of countries—including Canada, Poland, South Korea, Switzerland and the USA. But exports to several EU countries and the UK from most major countries rose only slowly or declined. On the positive side, growth in world clothing exports is set to rebound in 2021 after a plunge in 2020 resulting from the COVID-19 pandemic.

Global apparel markets: business update, December 2020 Buy this report now
This report provides information, analysis and valuable insight into developments relating to the global apparel industry in the following categories: acquisitions, divestments and mergers; business news; corporate social responsibility (CSR); corporate strategy; COVID-19; environmental sustainability; events; and traceability. Brands, companies, initiatives and organisations featured in this report include: Aquafil, Authentic Brands Group (ABG), Brooks Brothers, Cone Denim, the Ellen MacArthur Foundation, Fashion for Good, Field to Market: The Alliance for Sustainable Agriculture (Field to Market), Gap, Inditex, IndustriALL Global Union, Kering, Kontoor Brands, Lenzing Group (Lenzing), Oritain, Première Vision, SPARC Group (SPARC), Textile Exchange, the US Cotton Trust Protocol, Yeezy, and Zalando.

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