We bring below the SS’18 runway denim looks from some of the reputed global labels. Each of these luxury brands had their own take on how to make denim glamorous. Savor Calvin Klein’s leather embossed denims , Gucci’s sequined and embellished acid washed denims , Versace’s story telling canvas prints and Balmain’s crafted sewings and embellishments below.
Calvin Klein
Gucci
Versace
Balmain
Image credits : Vogue.com
 ‘We regret having to make the decision to cease denim operations and are profoundly grateful to our denim team members who have invested their incredible talents and loyalty to DNA over these past 15 years. It is because of their outstanding efforts, willingness to change, and most importantly their commitment to innovation that our denim business carried on much further and longer than conventional wisdom called for, and for that we will always be grateful.’
DNA Textile Group will be pivoting quickly and focusing on our five year old Technical Fabrics and Custom Finishing Divisions which have been steadily growing and have a bright future. Despite our smaller footprint going forward, we will continue to invest more resources, talent and energy towards growing these businesses. We have professional teams and terrific manufacturing capabilities in place and we’re excited about our significant growth potential.DNA will honor all existing and open denim orders as of November 28, 2017.  DNA Denim suppliers will be paid in full and the company will continue on as DNATechnical Fabrics. DNA will continue producing FR Denim and other specialty performance denims within our Technical Fabric Division.
In this report we bring out the consumption levels of jeans in the UK in the last 4 years , from 2014-2017 . We look at how the jeans is being consumed by the Men/Boys and Women/Girls . Are their consumption levels increasing over the period or are we looking at a fall. Besides, are men consuming more jeans or is it the women .
We also find the PER CAPITA consumption of jeans in UK both for men and women.
The report is supported by TABLES and GRAPHS . [private_special]
Note: The data is sourced from various data agencies in Europe and we have accumulated the same to arrive at the figures. Â
1.Men’s JeansThe consumption of men’s jeans in UK for the year 2014 was about 30 million pieces with per capita of 0.95 which was about 45% of the total consumption for the year 2014. Similarly , the consumption of men’s jeans for the year 2015 was 30 million pieces with per capita of 0.93 which was about 48% of the total consumption , and that for the year 2016 was 30 million pieces with per capita of 0.92 which was about 41%of the total consumption. The consumption of men’s jeans for the first eight months of 2017 was 15 million pieces and taking the population figure as constant the projected consumption at the end of the year 2017 was about 23 million with a per capita of about 0.72.
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2.Women’s JeansWomen’s jeans , however, paints a different picture altogether. We see a dramatic increase in the consumption of jeans in the UK by the fairer sex. Whereas about 38 million jeans were consumed in the UK in 2014 , we see the quantity continuously increasing to about 44 million pieces in 2016 and projected to reach about 47 million by the end of 2017. This is a significant growth of about 7% annual growth in the last 3 years . The per capita consumption has grown from 1.19 Jeans per person to about 1.42 jeans per person (expected) in 2017. This brings jeans consumption in UK by ladies/girls to be much higher than those of their male counterparts.
3.Total(Men’s & Women’s) Jeans
The lower consumption by Men brings down the average consumption of jeans in UK to about 1.15 jeans per person p.a in 2016 . Though its not a bad figure , but it needs to be remembered that German consumption is much higher than this . Best of luck to UK ! [/private_special] |
Germany is , without any doubt , the biggest market in EU specially for jeans. It is the growth engine of Europe with sustained growth, unemployment at the lowest and a booming jobs market. With such strong fundamentals, retail is expected to do well on all fronts . It does and specially for denim.
Germany is going strong on its demand for denim and in last 4 years has shown continuous growth in consumption numbers. We feel happy to analyse the denim consumption numbers for last 4 years and see how the germans are powering ahead . The report includes :
The report is supported by charts and graphs in each section.
[private_special]
The total quantity of consumption of men’s jeans for the year 2014 was about 64 million pieces with an per capita of 1.60 which was 63% of the total consumption for the same year.Similarly for the year 2015 and 2016 the consumption of mens jeans was 69 million pieces and 73 million pieces showing a growth of about 10% in 2015 and about 6% in 2016. The consumption of mens jeans for eight months of 2017 was about 46 million pieces . We extrapolate till the year end and find that the consumption might touch about 70 million pieces. Though it might be little less than year 2016, we might have to wait for actual figures to come in as last quarter is generally the strongest.However, it is to be noted that the mens jeans consumption is more than women’s jean for consecutive four years from 2014 to 2017. The consumption at the end of this year might look to be getting little less than last year but last quarter is always a strong one and we feel that the actual figures might be higher.
|
Year |
QUANTITY (In Pieces) |
POPULATION Â |
PER CAPITA (QTY/POPULATION) |
|
2014 |
64,615,679 |
40,450,000 |
1.60 |
|
2015 |
69,679,695 |
40,800,000 |
1.71 |
|
2016 |
73,826,344 |
41,300,000 |
1.79 |
|
2017 (EIGHT MONTHS) |
46,639,254 |
41,750,000 |
NA |
|
2017 (PROJECTED) |
69,958,881 |
41,750,000 |
1.68 |
It is surprising to note that consumption of jeans of women is less than that of men’s. It seems improbable but this is what the facts and figures bear out. The consumption of jeans by women in Germany is close to 1 jeans per person and this fluctuates a bit over the years. Last year was strong with a 5% increase in consumption over 2015 figures. This year seems like will close on similar kind of figures.
|
Year |
QUANTITY (In Pieces) |
POPULATION Â |
PER CAPITA (QTY/POPULATION) |
|
2014 |
37,859,435 |
40,450,000 |
0.94 |
|
2015 |
44,375,875 |
40,800,000 |
1.09 |
|
2016 |
47,276,125 |
41,300,000 |
1.14 |
|
2017 (EIGHT MONTHS) |
30,024,311 |
41,750,000 |
NA |
|
2017 (PROJECTED) |
45,036,467 |
41,750,000 |
1.08 |
If we look at the total figures for the men and women , we find that we are looking at an average consumption of about 1.40 jeans per person per annum. There has been steady growth over the last 4 years and though the projected figures for 2017 end look lower than 2018, we feel that the actual figures might be higher than the projections. On the whole, Germany is a big market and a big consumer of jeans. With the economy doing well, the country is witnessing increase in consumptions at all levels and the same we can see in terms of denim.
|
Year |
QUANTITY (In Pieces) |
POPULATION (MILLION) |
PER CAPITA (QTY/POPULATION) |
|
2014 |
102,475,114.0 |
80,900,000 |
1.27 |
|
2015 |
114,055,570.0 |
81,600,000 |
1.40 |
|
2016 |
121,102,469.0 |
82,600,000 |
1.47 |
|
2017 (EIGHT MONTHS) |
76,663,565.0 |
83,500,000 |
NA |
|
2017 (PROJECTED) |
114,995,347.5 |
83,500,000 |
1.38 |
[/private_special]
Germany is likely to remain the biggest market for jeans in Europe for many coming years and we hope to see continuous increase in demand in the region.
Çalık Denim, the globally well known denim mill, marks its 30th anniversary this year. The company launched its #DenimLovesArt project bringing 30 designers from across the world and providing them the all the means to create an Artful Collection. Denimsandjeans wanted to understand the thought behind this project and also to understand how is the company making a difference to the industry and looks to its and the industry’s future. We spoke to the Mr Hamit Yenici – the General Manager at the company to understand more about the vision and mission .
As we approached our 30th anniversary we wanted to create a special project inspired by denim’s ubiquitous nature in both fashion but also across so many different aspects of our lives. And as a youthful and innovative brand with a passion for denim, we also wanted to celebrate and support upcoming young talent in the industry – hence how the idea for our “Denim Loves Art†exhibition came into being. Collaborating with 30 young talented international designers seemed the perfect way to celebrate 30 years.
To mark our three decades of Çalık Denim, we started by inviting young designers from around the world to create their own unique denim-inspired artworks for our three international exhibitions in Istanbul, Amsterdam and LA. We had a lot of designers interested in submitting projects from an array of leading design schools such as Parsons, AMFI, Mimar Sinan Fine Arts University, FIDM and Hannover University. As we had so much interest, the 30 projects for the exhibition were selected by our international jury, namely Dio Kurazawa, Lucia Rosin and myself. An important part of the project for us was being able to support the designers throughout the whole process – by providing the fabrics, support for their production of the art works and their travel to the three events.
The final 30 denim creations are really outstanding – each piece is so unique and creative, reflecting all the different places and cultures that the designers come from around the world. We feel really proud to have collaborated with such talented young people and their work highlights just how much denim is interwoven into every aspect of our lives because as well as clothing, we had a variety of submissions including denim furniture, accessories, shoes, bags and rugs.The Denim Loves Art exhibition first opened to great acclaim in Istanbul on 11th October. We then moved onto Amsterdam, where we collaborated with Kingpins, on 25th and 26th October – and we will be now be relocating to the USA for the finale of these three special events celebrating Calik Denim’s 30th anniversary in Los Angeles on 6th December 2017.
At 30 years, we feel proud to have built one of the world’s leading denim producing brands – one that is both innovative and dynamic but also deep-rooted and socially and environmentally responsible. It’s been a real journey from our beginnings in Turkey supplying the domestic market in the 1980s when it was virtually impossible to find any blue jeans in the country; to today becoming a global leader of premium denim exporting to the world’s most prestigious denim brands in more than 40 countries. At the heart of our journey and its success is a combination of a really outstanding young and dynamic team, the power of technology and being committed to investing in our future over the years.
Our 30th anniversary milestone is also a chance for us to look forward to the next 30 years – and so it was the perfect time for us to launch a new brand identity that really gets to the essence of who we are. It’s the result of our collaboration with a marketing company and detailed research into the views of the Çalık Denim team, suppliers, customers and key players in the industry – to really define our DNA, who we are and what’s important to us – which is to always be striving for better, to spearhead innovation and creating a better future for all. That’s how we arrived at our new motto “Ever Evolvingâ€.
Indeed, throughout our 30 years in the denim sector, we have pioneered many world–first high-tech fabrics with our innovations in production technology:
High resistance denim fabrics, Retina (the application of warp thread coating), Natural Antibiotic denim fabric (the integration of Aloe Vera micro beads), Outlast Denim (with a Thermo-climatic effect), Elastech and Oxygene technologies. As we continue on our journey we’ll be “Ever Evolving†with every step that we take, striving always to innovate for better.
We believe we are the leaders in terms of innovation. As our new brand image attests to, we are always innovating with both technology and our work processes to help our clients grow further and really stand out with their products. We believe that as we stride into the future we will continue to make further gains with our new strong global Çalık Denim brand and a work model that aims always to innovate for better.
We now have ever greater capacity as a result of our $120m investment over the past seven years. As we look to the future we will be looking to increase our capacity even further to 60m metres with another $120m investment between 2018 and 2021. As we mentioned, we currently export to 40 countries, with our main markets being the USA and Europe. With our increased capacity and continued innovations and added value. One of our key aims in the long term is to grow our market share in the Far East.
As well as focussing on innovation, we also highly value the partnerships we have and what they mean for our brand. It’s important that the end-consumer also gets a sense of the “Çalık Denim†mark of quality with our innovative and hi-tech denim products. That’s why we’re also developing several partnerships with international brands and with fashion and design schools. In the long term our goal is for the consumer to want their jeans produced with Çalık Denim fabric; as well as for design student to be familiar with the Çalık Denim brand when they graduate so that they choose to work with our fabrics as they develop their careers.
As well as America and Europe, we believe East Asia is one of the most important regions in the world for premium denim production – in part due to its size and interest in fashion, with Japan having a special place as a global trendsetter; but also due to the brands and producers that already exist there.
From the very first day of setting up Çalık Denim, corporate responsibility and ethical values have been an integral part of who we are and what we do. Our aim is to be a company that adds value to economic, environmental and social realms with our sustainable approach and thus we carry out an array of activities and investments in the field of sustainable development in both the national and international arenas. We are receptive to the needs and priorities of our internal and external stakeholders and provide an environment that is respectful of the rights and thoughts of everyone in our team.
In terms of specific actions, we as Çalık Denim work hard to reduce our environmental impact at every stage of the production process, from the collection of raw materials to the production, distribution and recycling, to which our international certificates in this field attest to. We are constantly monitoring and evaluating all aspects of our business, to foresee and prevent any negative effects on our staff, clients or the society at large – including assessing and managing any possible environmental risks through our advanced R&D, system improvements and product development programs.
We’re also working hard to develop sustainable products for our clients and the customer. With our new more environmentally friendly production processes we use fewer resources and we have been able to create new product lines that have created new demand as well as garnering a lot of interest from sustainable and mainstream fashion brands. For instance, our Oxygene concept launched a new era in sustainability in the sector as we use less energy and water, fewer chemicals and it takes less time to produce – thus significantly reducing its environmental impact. We are proud of the impact not only we have had within our company and sector but also the wider industry as many textile and clothing producers are now following our lead and investing in sustainable methods. In addition we will be publishing our first standalone CSR report in the first quarter of 2018.
Germany is one of the most important market for denim in Europe . In terms of volume it is the biggest. There are large apparel retailers in this country like C&A besides many small ones. H&M is now considered to be second largest retailer in Germany . There are many value retailers who sell large quantities of apparel including jeans.
For such a large market , denim supply chain companies need to have the right representative who can work for them with the large buyers and get them business. Not all companies can open their own offices and need experienced agents to represent them and sell their products. Many agents have a long experience representing denim mills, accessory companies and garment suppliers in this market. This is first in the series of reports that we are publishing. In this report a list of 30 such agents who are working in GERMAN market in the denim industry. Agents in other countries will be listed soon. We hope you our subscribers will find it useful.
[private_special]
| Agent Name | PFLAUM & HETTERICH GMBH |
| Country | Germany |
| Address | HAUPTSTRASSE 5
85586 POING |
| Phone | (49)81218831060 |
| m.hetterich@pflaum-hetterich.de |
Company working for : Panama Trimmings, Italy
| Agent Name | WINTERS MODE GMBH |
| Country | Germany |
| Address | Friedhofstrasse 18
66271 Kleinblittersdorf |
| Phone | (49) 681 877 34 |
| vertrieb@winters-mode.de |
Company working for: Textil Santanderina, Fabric company, Spain.
| Agent Name | TTG TEXTILAGENTUR THOMAS GEIGER GMBH THOMAS GEIGER |
| Country | Germany |
| Address | BERGGARTEN-STR. 77
64732 BAD KÖNIG |
| Phone | (49)6063912537 |
| ttg@ttg-geiger.de |
Company working for: Toray International, Trading Company, Japan
| Agent Name | SCHMUELLING TEXTILAGENTUR |
| Country | Germany |
| Address | Am Stadtgraben 2A
48683 Ahaus |
| Phone | (49)2561 420183 |
| schmuelling.calik@t-online.de |
Companies working for: Calik Denim
| Agent Name | HAUPTSTRASSE 5
85586 POING |
| Country | Germany |
| Address | HAUPTSTRASSE 5
85586 POING |
| Phone | (49)81218831060 |
| m.hetterich@pflaum-hetterich.de |
Companies working for: Panama Trimmings
| Agent Name | NEW YORK LIFE GMBH |
| Country | Germany |
| Address | Albert Einstein Street 10
63128 DIETZENBACH |
| Phone | +496074485308 |
| newyorklife@web.de |
Company working for: Raymond UCO DENIM, Denim Mill, India
| Agent | Mladen Pototschnik |
| Address | Pototschnik GmbH Hohfirsweg 19 D – 79283 Bollswchweil |
| Country | Germany |
| Phone | +49 7633406760 |
| Fax | +49 76334067620 |
| E- Mail | m.pototschnik@pototschnik-gmbh.de |
Company working for: Albiate 1830 – Division of Cotonificio Albini Spa, Fabric company , Italy
| Agent | Fashion Consulting |
| Address | Lerchenstrabe 31, Postfach 114 D – 74252 Massenbachhausen |
| Phone | +49 7138943136 |
| Country | Germany |
| Fax | +49 7138943137 |
| rainer.fischer-jr@t-online.de |
Companies working for: Atlantic Mills(Thailand) Co Ltd, Denim Mill, Thailand
| Agent Name | Carsten Koch |
| Address | CK Agentur Carsten Koch Ringstraße 21 D – 33803 Steinhagen |
| Country | Germany |
| Phone | +49 5204880792 |
| Fax | +49 5204880792 |
Companies working for: Ayyildiz Dokuma Kumas Pazarlama San. Ve Tic.A S, Fabric company, Turkey
| Agent Name | Cabras Agentur |
| Address | Bayreuther Str. 75 ET – 91301 Forchheim |
| Country | Germany |
| Phone | +49 9191670505 |
| Fax | +49 9191670504 |
| agentur@cabras.de |
Companies working for: Berto E.G Industria Tessile S.r.l, Denim Mill, Italy
| Agent Name | Berner & Sohn Textilagentur GmbH | ||
| Address | Elisabethstraße 11 80796 München |
||
| Country | Germany | ||
| Telephone | +49 8927828316
|
||
| Fax | +49 8927828328
|
||
| office[AT]bernerundsohn.com | |||
| Website |
|
Companies working for: Tessitura di Albizzate SRL, Fabric company, Italy
| Agent Name | LOOMseven GmbH |
| Address | Montgelasstrasse 15 81679 München |
| Country | Germany |
| Phone | +49 89158905480
|
| Fax | +49 891589054812
|
| info@loomseven.com | |
| Website | loomseven.com |
Companies working for: T.B.M. SPA TBM, Fabric company, Italy, KIPAS – denim mill, Germany
| Agent Name | Jan Cremer |
| Address | jcA jan cremer Agenturen Hohenzollernstraße 193 D – 41063 Mönchengladbach |
| Country | Germany |
| Telephone | +49 216188676 |
| Fax | +49 21615762990 |
| jancremer@uniforms-corporate.de |
Companies working for: Wendroth & Co. (GmbH & Co.) KG, Importer , Germany
| Agents Name | Meinolf Landwehr |
| Address | Landwehr Meinolf Textilagentur Marienstrasse 21a D – 33415 Verl |
| Country | Germany |
| Telephone | +49 52463331 |
| Fax | +49 52468618 |
| info@meinolf-landwehr.de |
Companies working for: Euromark Industries Srl, Labels and accessories, Italy
| Agents Name | Michael Feller |
| Address | Michael Feller Textilagentur An der Talaue 26 D – 91443 Scheinfeld |
| Country | Germany |
| Phone | +49 9162928695 |
| Fax | +49 9162928677 |
| feller@texagentur.de |
Companies working for: Carlo Bonomi from 1860 Division of E.I.T, Fabric Company, Italy
| Agents Name | Claudia Westerkofort |
| Address | Im Ried 21
33378 Rheda-Wiedenbrück Germany |
| Country | Germany |
| Phone | +49 5242 5783189 |
Companies working for: Claudia Westerkofort, Trader , Germany
| Agents Name | Frank Strathmann Handelsvertretung e.K. |
| Address | Bölkum 45 53809 Ruppichteroth |
| Country | Germany |
| frank@link-company.de | |
| link-company.de |
Companies working for: Denim Authority, Apparel producer, Tunisia
| Agent Name | BS Bernd Strauss |
| Address | Rott 103
47800 Krefeld |
| Country | Germany |
| Strauss00@gmail.com | |
| Phone | +49915223344877 |
Companies working for: Dynamo Denim Kumascilik Ltd., Fabric producer Turkey
| Agents Name | Winter’s Mode GmbH |
| Address | Friedhofstrasse 18 66271 Kleinblittersdorf |
| Country | Germany |
| +49 68059434910 | |
| Fax | +49 68059434911 |
| fashion@winters-mode.de |
Companies working for: Maritas Denim
| Agents Name | Steinbüchelstr. 14 52159 Roetgen |
| Country | Germany |
| Phone | +49 2471990943 |
| Fax | +49 2471990735 |
| tex@niessenweb.de |
Companies working for: Tavex, Fabric Producer, Spain
| Agent Name | AGENTUR HARTL |
| Country | SOUTH GERMANY |
| Phone | +49814158080 |
| Mobile | +491754530200 |
| hb@agencyh.de |
Companies working for: TAVEX, Fabric Producer , SpainÂ
| Agent Name | HELMUT NIESSEN |
| Country | NORTHERN GERMANY |
| Phone | +49241990943 |
| Mobile | +491714327371 |
| E- mail | tex@niessenweb.de |
Companies working for: TAVEX
| Agents Name | ttg-Textilagentur Thomas Geiger GmbH |
| Address | Thomas Geiger Berggartenstr. 77 64732 Bad King |
| Country | Germany |
| Phone | +49 (0) 6063/912537 |
| Fax | +49 (0) 6063/912539 |
| E- Mail | ttg@ttg-geiger.de |
Companies working for: Toray International Inc., Trading company, Japan
| Agents Name | Bertram Dausch Textilagentur |
| Address | D-82178 Puchheim |
| Country | Germany |
| Telephone | 0049 89 802760 |
| Fax | 0049 89 8001055 |
| bertram.dausch@t-online.de |
Companies working for: UCO Raymond Denim Holding NV, Fabric Mill , India
| Agents Name | Mathias Sandmann Textil-Agentur GmbH |
| Address | Mr Mathias Sandmann Badstrasse 34 D-72766 Reutlingen |
| Country | Germany |
| Phone | 0049 7121 492099 |
| Fax | 0049 7121 492018 |
| sandmann-textilagentur@t-online.de |
Companies working for: UCO Raymond Denim Holding NV, Fabric Mill, India
| Agents Name | Kultstoff Textil-Agentur |
| Address | Mr Detlef Brinkschmidt August-Kuempers-Strasse 9 D-48493 Wettringen |
| Country | Germany |
| Phone | 0049 2557 9266377 |
| Fax | 0049 2557 9275818 |
| brinkschmidt@kultstoff.com |
Companies working for: UCO Raymond Denim Holding NV, Fabric Mill, India
| Agents Name | Berner & Sohn GmbH |
| Address | Elisabethstraße 11 80796 München |
| Country | Germany |
| Phone | +49 8927828316 |
| Fax | +49 8927828328 |
office[AT]bernerundsohn.com |
|
| Website | bernerundsohn.com |
Companies working for: Tessitura di Albizzate SRL, Fabric producer, Germany
| Agents Name | Norbert M. Hinderberger |
| Country | Germany |
| Mobile | +49 172.76.111.22 |
| Phone | +49 7741.66636 |
| Fax | +49 7741.66245 |
| norbert@norbert-hinderberger.com |
Companies working for: Candiani SPA, Fabric producer, Italy
| Agents Name | AGENTUR FRIEDRICH HAERTL |
| Address | Ringstr. 2
82256 Fürstenfeldbruck
|
| Country | Germany |
| Phone | +49814158080 |
| Friedrich.haertl@ |
Companies working for: TAVEX, Fabric Producer, Spain
| Agents Name | CALIK DENIM GERMANY |
| Address | Konstantinplatz 16
41238 Mönchengladbach
|
| Phone | +492166851290 |
| Country | Germany |
| d-achim.diewald@calikdenim.com |
Companies working for: CALIK DENIM, Fabric producer, Turkey
| Agents Name | HELMUT NIESSEN |
| Country | Germany |
| Address | STEINBÃœCHELSTR. 14
52159 ROETGEN |
| Phone | (49)2471990943 |
| tex@niessenweb.de |
Companies working for: TAVEX, Fabric producer, Spain
| Agents Name | JACOBI GMBH |
| Country | Germany |
| Address | SOMBERS 3
42781 HAAN |
| Phone | (49) 212 958 356 |
| info@jacobi-co.de |
Companies working for: AZGARD-9, Fabric and garment producer, Germany
| Agents Name | JW. TEXTILE AGENCY GMBH & COKG JOCHEN WILLMS |
| Country | Germany |
| Address | LOTHARSTRASSE 21
52070 AACHEN |
| Phone | (49) 241 952 553 |
| jw@textile-agency.de |
Companies working for: TUSA DENIM, Fabric producer, Turkey
| Agents Name | Â Denim Madhouse |
| Country | Germany |
| Address | — |
| Phone | +49 1714465155 |
| Schaefer@Neapolis-Marketing.Com |
Company working for : Works mainly for fully integrated denim companies in Pakistan.
[/private_special]
Vasco Pizzaro , Marketing Director at the renowned Pizzaro Laundry , talked about the latest denim wash trends for A/W 19 at the first edition of Denimsandjeans India show on September 26 at Bangalore . Pizzaro Laundry is based in Portugal and processes approx. 18 million garments annually . The company serves over 2000 global clients presently . During the presentation , Vasco Pizarro focused on the latest washed looks being lapped up by brands globally. He started his presentation with some images to show show as how does the Laundry receive the Garments from the client with the level of details on it . The white stickers are actually the demand from the clients which they would like to have on their garments in the form of wash/design/distress. This enables them to plan for an individual garment and decide the processes to be used for the treatment. (complete presentation can be seen in a video at the end of this article)
Mr. Vasco showcased some of the amazing washing techniques which the company has developed over the years including Whiskers, Patch Work Destroyers , Bottom Destroyers , Aggressive Destroyers , Over Dyes and many more . Some of the developments could be seen as inspirations below:
The company has developed ECO WASH which is more sustainable as it consumes less water and cause minimum harm to the environment. Eco wash is a set of processes, which was finalized with the introduction of ICELITE – washing with dry ice . The company already uses ozone process for aging of pieces without water. Until now, it was done with chemicals and wet processes . The laser is also one of the processes in the EcoWash method .
The ice lite processes consists an ice blast with tiny particles that are pumped in order to give the jeans an abrasive finish. The company also calculated some indicators during the development of these techniques and GLOBAL WARMING was one of those . As per the estimate of the company reached to this conclusion that if this technique will be used for 100 years , the potential of global warming reduces significantly over by over 50% in relation to garment industry. By using the Eco Wash Method instead of the traditional method , there will be minimal emissions to the air , water and soil . In Nutshell , this method satisfies the purpose of SUSTAINIBILITY to the certain extent.
The presentation by Vasco Pizarro was very well received by an audience of over 300 people from the Denim Industry and he was crowded henceafter with eager denim enthusiasts wanting to take pics of his collection !
The image below was the most photographed at our show showing a beautiful painting of a lady on a denim jacket – hand painted by a famous painter from Portugal .
Check out the full presentation of Vasco Pizarro in a video below . Your comments will be appreciated ! :
Gap Inc. shows a strong performance in difficult times with sales up by 1 percent . In times when brick and mortar stores are finding it difficult to sustain and many have closed, there is some vaccum left which is being filled in by retailers like Gap . Though the performance cannot be termed great but it seems quite good when compared with most other retailers. The driving force has been Old Navy.
Net sales for the third quarter of fiscal year 2017 were $3.84 billion compared with $3.80 billion for the third quarter of fiscal year 2016. Third quarter net sales details appear in the tables . There is an increase in Net Sales by 1% from the last year however if we compare the figure of sales for the 9 months , we realized that there is decline in Net Sales i.e, from $11.08 billion to $11.07 billion . The Net Sales – Net Profit seems more encouraging as it has increased from 5% to 6%.
Looking at the brand’s revenue distributions in different regions , we noticed that USA lost its share in sales for Gap Global And Banana Republic Global however For Old Navy And Other Brands increased their share in USA region. Canada performed very well in all brand segments as it didn’t lose share in sales for any brand for the Q3,2017 . Asian region is the biggest disappointment for the Q3 as in all brand segments , it lost its share substantially. Where the brands like H&M and Zara have been performing so well in Asian Market , it is strange to see the diminishing position of GAP . Probably , its mid segment placement is the problem.
| Â | Â | Â | Â | In USD Millions | ||||||
|
13 Weeks Ended October 28, 2017 & 2016 |
Gap Global
2017Â Â Â Â Â Â Â 2016 |
Old Navy Global
2017Â Â Â Â Â Â Â 2016 |
Banana Rep. Global
2017Â Â Â Â Â Â 2016 |
Others(2)
2017Â Â Â Â Â Â 2016 |
Total
2017Â Â Â Â Â Â Â 2016 |
|||||
|
U.S. |
750 |
756 |
1,587 | 1,507 | 467 | 479 | 200 | 172 |
3,004 |
2,914 |
|
Canada |
109 |
102 | 143 | 131 | 57 | 55 | 1 | 1 |
310 |
289 |
|
Europe |
154 |
150 | – | – | 4 | 14 | – | – |
158 |
164 |
|
Asia |
278 |
296 | 13 | 55 | 21 | 25 | – | – |
312 |
376 |
|
Other regions |
31 |
36 | 15 | 12 | 8 | 7 | – | – |
54 |
55 |
|
Total |
1,322 |
1340 |
1,758 | 1,705 | 557 | 580 | 201 | 173 | 3,838 | 3,798 |
So far as the % of sales from different regions are concerned , US contributed 79% of sales which is 2% more that the last year . All the other regions excluding Asia remained constant in terms of sales in Q3 . Asia lost the share in the total sales by 2% and the reason might be the stiff competition from the rival brands like H&M.
| Region Of Sales | 13 Weeks Ended October 28, 2017 | %Â Of Net Sales | 13 Weeks Ended October 29, 2016Â |% Of Net Sales | ||
|
U.S. |
79 |
77 |
||
|
Canada |
8 |
8 |
||
|
Europe |
4 |
4 |
||
|
Asia |
8 |
10 |
||
|
Other regions |
1 |
1 |
||
|
Total |
100 | 100 | ||
The company ended the third quarter of fiscal year 2017 with 3,639 store locations in 46 countries, of which 3,193 were company-operated. The company now expects to close about 30 company-operated stores, net of openings and repositions.
| 13 Weeks Ended October 28, 2017 | Â | |
| Region/Brand | Store Locations | Store Locations |
| Beginning of Q3 | End of Q3 | |
| Gap North America | 834 | 835 |
| Gap Asia | 305 | 309 |
| Gap Europe | 159 | 157 |
| Old Navy North America | 1,051 | 1,057 |
| Old Navy Asia | 13 | 13 |
| Banana Republic North America | 596 | 596 |
| Banana Republic Asia | 48 | 48 |
| Athleta North America | 133 | 140 |
| Intermix North America | 40 | 38 |
| Company-operated stores total | 3,179 | 3,193 |
| Franchise | 463 | 446 |
| Total | 3,642 | 3,639 |
Denim seems to be strong with particular strength in women’s denim which grew over 13% as an individual segment. Old Navy is now among top 5 value denim retailers in the US and going strong based on its product and value pricing which shows that brick and mortar stores are able to draw the consumers based on pricing. Activewear has been the strongest growth driver contributing over $1 billion in revenues. Athleta – the activwear brand of GAP – is witnessing strong growth. As per NPD, the size of Athleisure market in US is a huge $44 billion and increasing 10% each year. Hence this segment opens big opportunites for GAP and other retailers. Improved sales in Women’s denim is also a reflection of this trend as many styles of women’s denim have athleisure features.
Gap is also taking E-commerce seriously. It has been investing in developing online business and is targeting over $3 billion in sales in coming years. To this end it is trying to integrate its Offline and Online offerings with online facilities like “Reserve in Store, Pick up in store , Ship from Store ” etc. The idea is to give pure ecommerce companies a run for their money by providing dual service to the consumers .
In 2014, The Swedish clothing label –Lindex began their denim journey towards producing denim in a more sustainable way. Significant progress was made and today entire lot of Lindex denim miscellany is Better Denim, made from more sustainable materials and with more sustainable washing processes that only uses 8-12 liters of water. Lindex continuously and consistently brought innovations and developments in order to reduce the water consumptions . The company has been working with small collection of “Even Better Denim” to develop their more sustainable denim assortment with an ambition to apply it to their entire collection later. Currently their 100% denim collection is classified as “Better denim” which uses 8-12 litres of water.
As per Lindex, round 50-70 liters of water consumes during conventional washing process of one pair of denim jeans but the company has developed such technology with the help of which it the similar process can be completed with a consumption of only 1 bottle of water , this is what the entire campaign of Even Better Denim is all about .  The concept has been developed in collaboration with JEANOLOGIA ( Spain Based Technological Company ). With new innovative technology, Lindex has used air and laser to achieve the results. Only 2 liters of water, one bottle, has been used in the washing process. The process is better for the environment as well as for the people who work in production.
“We are on a denim journey where we explore how we can offer our customers amazing denim with the least environmental impact possible. We are very excited to launch these new Even Better Denim styles, where we through collaboration and new technology have reached a new milestoneâ€, says Anna-Karin Dahlberg, Sustainability Manager at Lindex.
Since from beginning of production to finish , the company has maintained the degree of sustainability . The Even Better Denim styles are also made from more sustainable materials such as post-consumer recycled cotton and recycled polyester. The styles are dyed in the cleanest indigo dye on the market which is better for both the environment and the people who work in the production. The styles also has more sustainable trims such as buttons, zippers and pocket bags.
The Even Better Denim styles are available in Lindex women’s and kids’ assortment and will be sold in all Lindex stores and at lindex.com .
The trend to go sustainable seems strong and is catching up with different brands and retailers. Big names like Levi’s, H&M , Inditex , G-Star and many others are already treading this path. Its now time for the trend to percolate further into the ranks of fashion industry. Every label worth its name, wants to have sustainable tag.
However, in the long run, only those brands/retailers will be really successful who really believe in sustainability as a mission rather than as a fashion. Once it is a mission, the whole organization will be focused on the same and their supply chain will probably support more strongly and change its practices as well.
Another point worth noting would be for these players to understand that true sustainability is when the entire process is sustainable. If denim fabric is used, cotton should have been produced in sustainable way, it should have been converted at various stages including yarn, woven, dyed and finished in a sustainable way too. But the definition of sustainability is still too vague. We need to have better definitions. For argument sake , what % is a garment sustainable when it is washed with less water and chemicals. How much % to add if the cotton is organic, and then if yarn spinning and dyeing is done with less water and chemicals, and if finishing is also so done. How about if the mill is using solar power instead of regular power, what about packaging – if its also sustainable. Really there are over a 100 points of touch where a single denim garment can be effectively made more sustainable. Can we really know if anyone is sustainable on 50% of such parameters ? Hope someday we will have proper standards for each step of production, distribution, selling etc so that the consumer can just see a final % showing how sustainable the garment is . Only when this happens will we see some real fruits coming on the Tree Of Sustainability.
Worn in authentics, nostalgic corduroy’s, shimmering indigo’s , a new addition to the family of dry jeans – the lighter 11oz dry denim are some of the pieces in the PRE SPRING’18 Collection of the Swedish brand NUDIE JEANS. Along the way the brand celebrates Gothenburg- its hometown-  with the release of limited Royal Embo and the three crowns Scribble Denim . Do check out their new colorways Red Mantel, Cloudy Blue and Lion Beige and other pieces.
Rigid, dry denim with deep, dark indigo dye. The fabric has a dry handle and flat, clean surface. Great break in potentials on this one. Made of organic cotton , having orange threads on all seams , copper trims and is of 14.75 Oz rigid denim .
Dark worn authentic grey blue wash on tightly woven denim ( 11 Oz. power stretch denim ) with evident ring effects. Light treatments on dark ground give great contrasts.
Denim ( 13.4 Oz rigid denim) jacket with worn in authentic wash. It’s been scribbled with the motif of an old playing card and the hem at back features the name of our Nudie hometown. Ripped off patch mark on left sleeve.
Dry denim ( 11.75 Oz Comfort Stretch Denim ) dyed with natural indigo. This is a celebration of the 397th birthday of their beloved hometown Göteborg. The back pocket embroidery is stitched in the shape of a lion. The same symbol as on the city’s coat of arms. Available in limited numbers.
This 16 oz. option will take some time to get just right, but with enough love and effort they could be the best denim jacket you ever owned. It has navy embroidery on chest pocket and having leather patch and gunmetal trims also .
Shimmering, smooth, even wash. At pocket openings, fly and waistband the abrasions are quite heavy.The scribblings are the three crowns – a national emblem for Sweden – on right thigh and a written message at waistband.
Denim jacket ( 13.4 Oz rigid denim )Â with authentic worn in wash. Collar and body is lined with soft pile. The sleeves have a quilted polyester lining with a very light padding. It has antique silver press buttons and made of organic cotton.
Authentic worn in wash made on pale shade, red cast, pure indigo. The abrasions are soft and sweeping with blunt scrapings. The gunmetal trims complete the overall smooth impression.
Authentic worn in wash made on a really deep, dark indigo leaving a warm blue shade and great contrasts. Front moustaches made with fine, sharp 3d effects.
Black denim jacket with a wash that we call first step worn in. Like you wore it for a while and washed it one time. You can see the white core of the yarn shining through at seams and creases.
Colombia is the third largest economy in the South America and is quite developed when it comes to its textile industry and its taste for fashion . A number of countries around the world export denim fabrics to Columbia as it boasts of a large market with a number of local brands and garment exporting factories. We look at some information regarding such imports during May-July , 2017 .
The main buyers of denim who imported denim in this period.
The approx. idea of quantities that they bought.
Average prices at which they bought.
The countries from where such purchases were done.
|
SN. |
Particulars |
|
1. |
Table showing the top 10 importers of denim for the period May,2017 to July,2017 |
|
2. |
Graph showing the list of top 10 importers of denim fabrics for the period May,2017 to July,2017 |
|
3. |
Pie – chart showing the % age share of top 10 importers of denim fabrics for the period May,2017 to July,2017 |
|
4. |
Graph showing the average price of top ten importers of denim fabrics for the period May,2017 to July,2017 |
|
5. |
10 tables showing the list of suppliers to top 10 importers of denim fabrics(SQM) for the period May,2017 to July,2017 |
|
6. |
9 graph showing the list of suppliers to top 10 importers of denim fabrics for the period May,2017 to July,2017 |
|
7. |
7 graph showing the average price to top 10 importers of denim fabrics for the period May,2017 to July,2017 |
[private_special]
Table showing the list of top 10 Importers of Colombia for May,2017 To July,2017
Below is the list of Top 10 buyers of Colombian Denim Industry who imported denim during May,2017 – July,2017 . The list is topped by COMERTEX SA who bought 734,309.72 square meter of denim fabric during the period of May’17 to July,2017 at an average price of USD 1.1 /Sq Mtr and also holds 17% share in the top buyers’ list. The second major buyer is Flora who bought 596,697.36 square meter of denim fabric during the same period at an average price of USD 1.7/Sq Mtr and accounts for 14% in the list . Permoda LTDA bought at the highest price of USD 3.0 /Sq Mtr while Comertex SA and Colombian Trade SA bought at the least price of USD 1.1/Sq Mtr.
|
Particulars |
CIF US$ |
Stat. Qty(Sqm) |
Avg price(USD/SQ) |
|
COMERTEX SA |
808,542.39 |
734,309.72 |
1.1 |
|
Flora |
999,291.01 |
596,697.36 |
1.7 |
|
COLOMBIAN TRADE SA |
570,449.84 |
506,503.16 |
1.1 |
|
STILOTEX SAS |
779,871.45 |
446,035.63 |
1.7 |
|
STF GROUP SA |
863,129.99 |
411,822.03 |
2.1 |
|
PERMODA LTDA |
1,166,002.56 |
394,168.52 |
3.0 |
|
PRIMATELA SA |
594,903.13 |
349,984.02 |
1.7 |
|
POLJEAN SAS |
441,769.27 |
339,180.98 |
1.3 |
|
COMERCIALIZADORA ARTURO CALLE SAS |
597,275.70 |
271,668.09 |
2.2 |
|
COMERCIALIZADORA Comercial SA QUANTTO ANONIMA |
223,202.69 |
217,073.73 |
1.0 |
|
Total |
7,044,438.03 |
4,267,443.24 |
1.7 |
RSWM Limited is the major supplier to Comretex SA with the supply of 254,033.04 Sq. Mtr of denim fabrics at an average price of 1.1 USD/Sq.Mtr which is about 35 % of the total supply of denim fabrics 734,309.72 sq mtr.However, the least was supplied by TISSUE SAN JACI NTO SA which supplied 44,360.65 sq mtr of denim fabrics with an average price(usd/sqm) of 1.0 which is about 7% of the total supply of denim fabrics.
|
Supplier Name |
CIF US$ |
Stat. Qty(SQM) |
Avg. price(USD/SQM) |
|
RSWM LIMITED |
272,022.72 |
254,033.04 |
1.1 |
|
SANGAM (INDIA) LIMITED |
199,298.9 |
188,642.42 |
1.1 |
|
KALTEX MANUFACTURING LTD |
178,259.87 |
173,718.41 |
1.0 |
|
LANXI YONGXIN WEAVE CO LTD |
112,915.05 |
73,555.2 |
1.5 |
|
TISSUE SAN JACI NTO SA |
46,045.85 |
44,360.65 |
1.0 |
|
Total |
808,542.39 |
734,309.72 |
1.1 |
The major supplier of denim fabrics to Flora was ZHEJIANG TEXTILE CO LTD which supplied 348,844.04 Sq mtr at an average price (usd/sqm) of 1.8 of denim fabrics which was about 60% of the total supply of 596,697.36 sq mtr at an average price (USD/SQM) of 1.8. However, the least supply was made by TISSUE San Jacinto SA of 2,801.12 sq mtr at an average price(USD/SQM) of 1.1 which was about less than 1% of the total supply of fabrics.Further, the average price was high for RAYMOND UCO DENIM PRIVATE LIMITED which supplied 6,798.98 sq mtr at an average price(usd/sqm) of 3.0.
|
Supplier Name |
CIF US$ |
Stat. Qty(SQM) |
Avg price(USD/SQM) |
|
ZHEJIANG TEXTILE CO LTD |
617,559.28 |
348,844.04 |
1.8 |
|
JALSEN INC |
135,379.76 |
103,311.64 |
1.3 |
|
KALTEX MANUFACTURING LTD |
89,301.45 |
61,974 |
1.4 |
|
US DENIM MILLS (PVT) LTD |
97,366.8 |
56,363.34 |
1.7 |
|
GUANGDONG TEXTILES IMP AND EXP CO LIMITED |
36,357.54 |
16,604.24 |
2.2 |
|
RAYMOND UCO DENIM PRIVATE LIMITED |
20,218.19 |
6,798.98 |
3.0 |
|
TISSUE San Jacinto SA |
3,107.99 |
2,801.12 |
1.1 |
|
Total |
999,291.01 |
596,697.36 |
1.7 |
Sangam (India) limited is the major supplier of denim fabrics to Colombian Trade SA which supplied 400,234.06 sq mtr at an average price (usd/sqm) of 1.0 which was about 80% of the total supply of fabrics of 506,503.16 sq mtr . However, least was supplied by TISSUE San Jacinto SA which supplied 40,066.53 sq mtr at an average price (usd/sqm) of 1.0 which was about 8% of the total supply of fabrics. ZHEJIANG TEXTILE CO LTD has the highest price of fabrics with an average price (usd/sqm) of 1.9.
|
Supplier Name |
CIF US$ |
Stat. Qty(SQM) |
Avg price(USD/SQM) |
|
SANGAM (INDIA) LIMITED |
406,239.13 |
400,234.06 |
1.0 |
|
ZHEJIANG TEXTILE CO LTD |
123,128.93 |
66,202.57 |
1.9 |
|
TISSUE San Jacinto SA |
41,081.78 |
40,066.53 |
1.0 |
|
Total |
570,449.84 |
506,503.16 |
1.1 |
POONAM ENTERPRISES (HK) LTD was the major supplier to Stilotex SAS which supplied 340,049.15 sq mtr at an average price(usd/sq mtr) of 1.7 which was about 76% of the total supply of fabrics . However, least was supplied by WHEN CHANGZHOU TEXTILE CO LTD which supplied 105,986.48 sq mtr at an average price(usd/ sq mtr) of 1.7.
|
Supplier Name |
CIF US$ |
Stat. Qty(SQM) |
Avg. price(USD/SQM) |
|
POONAM ENTERPRISES (HK) LTD |
594,981.64 |
340,049.15 |
1.7 |
|
WHEN CHANGZHOU TEXTILE CO LTD |
184,889.81 |
105,986.48 |
1.7 |
|
Total |
779,871.45 |
446,035.63 |
1.7 |
The SOORTY ENTERPRISES (PVT) LTD was the major supplier to STF GROUP SA which supplied 223,168.32 sq mtr of denim fabrics at an average price(usd/sqm) of 1.9 which was about 55% of the total supply .However, the least supply was made by KASSIM Textile (Pvt) Ltd which supplied 4,401.54 sq mtr of denim fabrics at an average price(usd/sqm) of 2.0 which was about less than a percent of the total supply . SANKO INTERNATIONAL BV was the most expensive supplier of fabrics which supplied at an average price(usd/sqm) 3.7.
|
Supplier Name |
CIF US$ |
Stat. Qty(SQM) |
Avg price(USD/SQM) |
|
SOORTY ENTERPRISES (PVT) LTD |
426,843.99 |
223,168.32 |
1.9 |
|
SHAOGUAN SHUNCHANG WEAVING FACTORY LTD |
142,245.73 |
52,413.56 |
2.7 |
|
FASHTEX PTE LTD |
75,393.62 |
40,763.21 |
1.8 |
|
VICUNHA TEXTILE S / A |
64,129.50 |
31,333.42 |
2.0 |
|
INDIGO TEXTILE (PVT) LTD |
35,398.30 |
17,649.77 |
2.0 |
|
SANTISTA WORK SOLUTION SA |
22,620.71 |
12,327.20 |
1.8 |
|
SANKO INTERNATIONAL BV |
44,061.10 |
11,794.47 |
3.7 |
|
PROSPERITY TEXTILE (H K) LIMITED |
14,176.77 |
6,155.52 |
2.3 |
|
MAFATLAL INDUSTRIES LIMITED |
12,544.20 |
6,055.50 |
2.1 |
|
GUANGZHOU CHAOTU TEXTILE CO LTD |
17,028.17 |
5,759.52 |
3.0 |
|
KASSIM TEXTILES (PVT) LTD |
8,687.90 |
4,401.54 |
2.0 |
|
Total |
863,129.99 |
411,822.03 |
2.1 |
|
Supplier Name |
CIF US$ |
Stat. Qty(SQM) |
Avg price(USD/SQM) |
|
MPVR TRADING COMPANY S DE RL |
1,166,002.56 |
394,168.52 |
3.0 |
ZHEJIANG TEXTILE CO LTD was a major supplier of denim fabrics to PRIMATELA SA which supplied 211,632.25 sq mtr of denim fabrics at an average price(usd/sqm) of 1.6 which was about 60% of the total supply. However, the least quantity was supplied by THE EXPORTS Veen Limited who supplied 4,260.00 sq mtr of fabrics at an average price(usd/sqm) of 2.2 which was about 1% of the total supply of fabrics .
|
Supplier Name |
CIF US$ |
Stat. Qty(SQM) |
Avg price(USD/SQM) |
|
ZHEJIANG TEXTILE CO LTD |
343,722.21 |
211,632.25 |
1.6 |
|
ZHEJIANG XINLAN TEXTILE CO LTD |
134,379.96 |
83,000.01 |
1.6 |
|
GRIGLE TEXTILES SA |
107,385.96 |
51,091.76 |
2.1 |
|
THE EXPORTS Veen Limited |
9,415.00 |
4,260.00 |
2.2 |
|
Total |
594,903.13 |
349,984.02 |
1.7 |
|
Supplier Name |
CIF US$ |
Stat. Qty(SQM) |
Avg price(USD/SQM) |
|
JALSEN INC, USA |
441,769.27 |
339,180.98 |
1.3 |
SANTISTA WORK SOLUTION SA was a major supplier of denim fabrics to COMERCIALZADORA ARTURO CALLE SAS which supplied 52,333.19 sq mtr of fabrics at an average price(usd/sqm) of 2.0 which was about 20% of the total supply. However, the least was supplied by FIAGCO COMPANY AND TISSUE SANTO ANTONIO CEDRO TEXTIL who supplied 8,130.42 sq mtr of denim fabrics at an average price(usd/sqm) of 2.0 which was about less than a percent of the total supply. Further, ASIAM BUSINESS GROUP LIMITED proved to be expensive supplier with an average price(usd/sqm) 2.9.
|
Supplier Name |
CIF US$ |
Stat. Qty(SQM) |
Avg price(USD/SQM) |
|
SANTISTA WORK SOLUTION SA |
102,677.17 |
52,333.19 |
2.0 |
|
VICUNHA TEXTIL S / A |
76,157.12 |
51,643.53 |
1.5 |
|
ASIAM BUSINESS GROUP LIMITED |
141,422.98 |
49,419.02 |
2.9 |
|
VICUNHA ECUADOR SA |
94,402.49 |
42,446.02 |
2.2 |
|
INDUSTRIAL TEXTILE LTD PUEBLA |
82,095.04 |
35,741.64 |
2.3 |
|
SANKO INTERNATIONAL BV, ISKO |
64,551.14 |
23,003.23 |
2.8 |
|
GLOBAL DENIM SA DE CV, MEXICO |
19,337.94 |
8,951.04 |
2.2 |
|
FIAGCO COMPANY AND TISSUE SANTO ANTONIO CEDRO TEXTIL, BRAZIL |
16,631.82 |
8,130.42 |
2.0 |
|
Total |
597,275.70 |
271,668.09 |
2.2 |
DHARMSHIL AGENCIES was a major supplier of denim fabrics to COMERCIALIZADORA Comercial SA QUANTTO ANONIMA which supplied 172,652.00 sq mtr of fabrics at an average price(usd/sqm) of 1.0 which was about 80% of the total supply. However, TEXTILES BAKER supplied least of 44,421.73 sq mtr of fabrics at an average price(usd/sqm) of 1.1 which was about 20% of the supply.
|
Supplier Name |
CIF US$ |
Stat. Qty(SQM) |
Avg price(USD/SQM) |
|
DHARMSHIL AGENCIES |
175,585.36 |
172,652.00 |
1.0 |
|
TEXTILES BAKER |
47,617.33 |
44,421.73 |
1.1 |
|
Total |
223,202.69 |
217,073.73 |
1.0 |
Colombia seems to have imported about 4.2 million sq mtrs of denim in May- July period which gives an average of about 1.4 million sq mtrs. This qty is lesser than the average of April when the imports were over 2 million sq mtrs. It remains to be seen how they fare the rest of the year.
[/private_special]
Hennes & Mauritz AB, a Swedish multinational clothing-retail company, is the second largest global clothing retailer, just behind Inditex. The company has a significant online presence, with online shopping available in 43 countries, COS in 19 countries, Monki and Weekday in 18 countries each, & Other Stories in 13 countries, and Cheap Monday in 5 countries. The company reported SEK 51,229 Million (about US$ 6 billion) of total sales in the Q3 which is 5% more than its previous year . It is also one of the largest retailer of denim apparel globally and the its growth also greatly impacts the denim industry worldwide. In this report , we have done a detailed analysis based on the results published by H&M recently for a period of 9 months from January 2017.
Nine months (1 December 2016 – 31 August 2017) Report
• The H&M group’s sales including VAT increased by 7 percent to SEK 173,290 m (approx US$ 20.5 billion) during the first nine months of the financial year . In local currencies sales increased by 4 percent.
• Profit after financial items amounted to SEK 15,936 m (approx US$ 1.9 billion) . The group’s profit after tax amounted to SEK 12,191 m (approx US$1.45 billion).
The table below shows the sales(In SEK M) for the top ten markets by countries upto nine months for the year 2017 and 2016 including VAT. Amongst many countries given in the list below Germany leads the sales upto third quarter of 2017 and 2016. The sales in Germany increased by 2% from SEK 26,877 M in 2016 to SEK 27,310 M in 2017, Similarly the sales for USA increased by 7% from SEK 19,580 M in 2016 to SEK 21,005 M in 2017. UK is the third leading in sales for H & M but the sales decreased by –2% from SEK 11,052 M in 2016 to SEK 10,876 M in 2017. However, the least sales of H&M was in Spain , Netherlands , Norway. The sales for H&M in Spain increased by 5% from , SEK 5840 M in 2016 to SEK 6159 M in 2017, Similarly the sales in Netherlands decreased by –2% from SEK 5,667 M in 2016 to SEK 5,549 M in 2017. The Sales in Norway saw a positive change of 7% from SEK 4,327 M in 2016 to SEK 4,640 M in 2017.
|
SALES IN TOP TEN MARKETS, for Nine months |
Upto Q3 2017(SEK M) Including VAT |
Upto Q3 2016(SEK M)Including VAT |
% Change |
|
Germany |
27,310 |
26,877 |
2 |
|
USA |
21,005 |
19,580 |
7 |
|
UK |
10,876 |
11,052 |
-2 |
|
France |
10,337 |
10,023 |
3 |
|
China |
8,389 |
7,756 |
8 |
|
Sweden |
7,626 |
7,481 |
2 |
|
Italy |
6,771 |
6,520 |
4 |
|
Spain |
6,159 |
5,840 |
5 |
|
Netherlands |
5,549 |
5,667 |
-2 |
|
Norway |
4,640 |
4,327 |
7 |
|
TOTAL |
108,662 |
105,123 |
3.5 |
In spring 2017 H&M online stores were opened in further six new markets: Turkey, Taiwan, Hong Kong, Macau, Singapore and Malaysia, all of which have had a good start. The H&M online store is today available in 41 markets and with the addition of Cyprus and the Philippines, which will open later this autumn, the H&M online store will be available in 43 markets by the end of this year. Next year the online expansion will continue into further countries, including India. The plan is to offer e-commerce in the future in all store markets as well as in other markets.
New markets for H&M stores in 2017 are Kazakhstan, Colombia, Iceland, Vietnam and Georgia. During the spring the first H&M stores in Kazakhstan and Colombia were opened, and in the third quarter the first store in Reykjavik in Iceland. This was followed by a store opening in Ho Chi Minh City, Vietnam in September. All stores were very well received. For full-year 2017 approximately 475 new physical stores are planned to open, with the focus primarily on growth markets. Most of the new stores in 2017 will be H&M stores, while approximately 70 will consist of the newer brands COS, & Other Stories, Monki, Weekday and ARKET.
ARKET got a great reception in August and September on the opening of its first stores in London (Regent Street and Covent Garden), Copenhagen and Brussels, and the launch of its online store in 18 European markets. During the year another opening will take place in Munich. In spring 2018 Stockholm and Amsterdam will get their first ARKET stores. H&M Home will also continue its rapid expansion, with approximately 60 new H&M Home shop-in-shops planned for 2017. The first standalone H&M Home stores are planned to open in 2018. In parallel with the expansion the store portfolio is being optimised through renegotiation, rebuilds and relocations, adjustment of store space and through closures to continually ensure that the store portfolio is right for each market. As a part of this, approximately 90 stores will close, giving a net addition of around 385 new stores for full-year 2017. Uruguay and Ukraine are set to become new H&M store markets in 2018.
|
Brand |
Store |
Online |
Details of expansion 2017 |
|
H&M |
67 |
41 |
Store: Kazakhstan*, Colombia*, Iceland*, Vietnam**, Georgia Online: Turkey*, Taiwan*, Hong Kong*, Macau* Singapore*, Malaysia*, Philippines, Cyprus |
|
COS |
36 |
19 |
Store: Malaysia*, Israel (franchise)*, Slovenia* Online: South Korea** |
|
Monki |
13 |
19 |
– |
|
Weekday |
9 |
18 |
Store: France*, UK* |
|
& Other Stories |
15 |
14 |
Store: Ireland*, Finland*, South Korea*, United Arab Emirates (franchise)* |
|
Cheap Monday |
2 |
18 |
– |
|
ARKET |
1 |
18 |
Store: UK*, Belgium**, Denmark**, Germany Online: 18 markets* |
*Opened By 31st August-2017
** Opened in September-2017
Below is the details of stores count by brand as on 31-st-August-17 and its comparison with the same period of the last year. The stores count for H&M for 31-st-Aug-16 was 3,784 which increased by 349 stores to 4133 stores as on 31-Aug-17. COS had a stores count of 177 stores in 31-Aug-16 which increased to 38 stores to 215 stores in 31- Aug-17. Monki brand had a stores count of 110 as on 31-Aug-16 which increased to 5 stores to 115 stores as on 31-Aug-17. Weekday had a stores count of 23 stores as on 31-Aug-16 which saw a increase in stores by 7 stores to 30 stores as on 31-Aug-17. The Brand & other stories had a stores count of 36 stores and the stores number of stores increased to 20 stores to 56 stores As on 31- Aug-17. Cheap Monday had a number of stores 5 which saw an closure of 2 stores as the figure went down to 3 stores as on 31- Aug-17. Arket Brand has 1 stores only as on 31 st- Aug –17.
|
STORES COUNT BY BRAND |
(No.Of Stores) 31-Aug-17 |
(No.Of Stores) 31-Aug-16 |
|
H&M |
4,133 |
3,784 |
|
COS |
215 |
177 |
|
Monki |
115 |
110 |
|
Weekday |
30 |
23 |
|
& Other Stories |
56 |
36 |
|
Cheap Monday |
3 |
5 |
|
ARKET |
1 |
0 |
|
Total |
4,553 |
4,135 |
The total stores count by region as on 31st-Aug-17 was 4,553 out of which Europe & Africa had a total count of 2,786 for 31st Aug 2016 and that increased to 138 stores for the 31st Aug 17 to 2,924 stores.The stores Count for Asia & Oceania as on 31-st-Aug –16 was 799 stores which increased to 187 stores to 986 stores in 31-st Aug –17. Similar;ly in North & South America region had a total count of 550 stores in 31-aug-16 which increased to 93 stores to 643 stores to 31st – Aug – 17.
|
Region |
31-Aug-17(No. Of Stores) |
31-Aug-16(No. Of Stores) |
|
Europe & Africa |
2,924 |
2,786 |
|
Asia & Oceania |
986 |
799 |
|
North & South America |
643 |
550 |
|
Total |
4,553 |
4,135 |
The sales by region shows that the sales for the Asia and Oceania upto Q3 2016 was SEK 19,638 M which increased to about 17 % to SEKÂ 22,376 M , Similarly the sales for Europe and Africa upto Q3 2016 was SEK 96,648 M which saw an increase by about 4%. The sales for North and South America upto Q3 2016 was SEK 23,261M which saw an increase of about 12% to SEK 26,165 M Upto Q3 2017.
|
Region |
Net sales (Upto Q3 2017)(SEK M) |
Net sales(Upto Q3 2016)(SEK M) |
|
Asia and Oceania |
22,376 |
19,638 |
|
Europe and Africa |
101,056 |
96,648 |
|
North and South America |
26,165 |
23,261 |
The Operating profit for Asia and Oceania upto Q3 2016 was SEK 318 M which increased to 27 % to SEK 403 M upto Q3 2017. Similar;ly the profit for Europe and Africa upto Q3 2016 was SEK 447 M which increased about 39% to SEK 662 M upto Q3 2017. The Operating profit for North and South America Upto Q3,2016 was SEK 643 M which decreased about 119% to –127 SEKupto Q3 2017 M.
|
Region |
Operating Profit Upto Q3| 2017(SEK M) |
Operating Profit Upto Q3| 2016(SEK M) |
|
Asia and Oceania |
403 |
318 |
|
Europe and Africa |
622 |
447 |
|
North and South America |
-127 |
643 |
The sales for H&M in third quarter 2017 saw an increase of about 5% from SEK 48,982 M in Q3,2016 to SEK 51,229 M in Q3,2017. Similarly the sales figure for the first nine months of 2017 saw an increase of about 7% from SEK 13,9547 M in nine months, 2016 to SEK 149,597 M in nine months, 2017. Further analysis shows that although there is an increase of sales for both the period but the operating profit is reducing for both the period . The operating profit for third quarter 2017 saw a decrease of about 20% from SEK 6247 M in Q3, 2016 to SEK 4939 M In Q3, 2017. Similarly , the operating profit for the nine months, 2017 saw an decrease of about 4.5 % from SEK 16,469 M in Nine months, 2016 to SEK 15,748 M in nine months, 2017. This can happen due to reduction in price and increase in sales volume.
|
Q3|2017 |
Q3|2016 |
Nine months|2017 |
Nine months|2016 |
|
51,229 |
48,982 |
149,597 |
13,9547 |
|
Q3|2017 |
Q3|2016 |
Nine Months|2017 |
Nine Months|2016 |
|
4,939 |
6,247 |
15,748 |
16,469 |
