denim club newsletter : issue march 5, 2014

Latest Denim News & Updates from Across the Globe

Your Window To The World Of Denim

Newsletter

05 March 2014

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J. Crew in Talks with Japan`s Fast Retailing

Ivido Jeans offering Push-up jeans

Major European Expansion for William Rast

From The Denim Directory

Atlantic Care Chemicals

Featured

Paige Denim implements bigtincan for better sales process

Annual Grant inhonor of Levi Strauss

Premium Denim JeansMade in IndiaMade in IndiaMade in India

Coming Soon...

A Gold E, new denim brand, by Citizens of Humanity

Safeguard duty probe initiated on spandex imports

p 07

Denim Club : Your Window To The World Of Denim

Apparel - Sustainable Fashion

DENIM CLUB INDIAMarch 2014 03

J. Crew in Talks with Japan`s Fast Retailing

J. Crew Group Inc. owners are in talks to sell the clothing retailer to Japan's

Fast Retailing Co. for as much as $5 billion, a deal that would help the Asian company fulfill its ambition of becoming a global retailing powerhouse.

Fast Retailing, which owns the Uniqlo a p p a r e l c h a i n , a p p r o a c h e d J . Crew's management about potential ly

buying the private-equity-owned business, said people familiar with the matter. As per sources J. Crew is seeking upward of $5 billion for the deal, it is still unclear if Fast Retailing would pay that much and whether the two sides have yet discussed a price.

The confidential source cautioned, that the talks, which heated up this week, are still at an early stage and could fall apart, he added J. Crew also recently received takeover overtures from a couple other suitors.

The discussions come as J. Crew's owners, private-equity firms TPG and Leonard Green & Partners LP, are considering an initial public offering for the apparel chain later this year. In January, the company asked Goldman Sachs Group Inc. to begin work on a potential IPO. IPO planning hasn't progressed beyond that, one person said.

A marriage of the two clothiers could help fulfill Fast Retailing founder and Chief Executive Tadashi Yanai's ambition of becoming the largest apparel retailer in the U.S., and eventually, the world. The company reported fiscal 2013 profit of ¥90 billion ($918 million) on ¥1.14 trillion in sales.

Uniqlo, currently has 1,277 stores in Asia

including 856 in Japan, but has less than 20 stores in the U.S., which as per an executive of Fast Retailing will ultimately rise to hundreds. Uniqlo expects its annual retail sales in the U.S. to reach $10 billion by 2020.

According to sources Mr. Yanai, 65 and one of Japan's richest men, has long been an admirer of J. Crew Chairman and CEO Millard S. "Mickey" Drexler. From 1995 until 2002, Mr. Drexler, 69, was CEO of Gap Inc. as sales rose to $14.5 billion from $4.4 billion.

Fast Retailing, which employs more than 23,000 people and has a market capitalization of about $36 billion, owns other brands besides Uniqlo, including Comptoirs des Cotonniers, Helmut Lang, Theory and Princesse Tam Tam. Uniqlo sells T-shirts, sweaters, and cold-weather gear to men, women and children, with prices as low as $9.99 for a pair of jeans.

J. Crew, historically known for its preppy wares, operates more than 400 stores in the U.S., Canada and the U.K., and reported revenue rose 9% to $2.4 billion in its fiscal year ended Feb. 1.

A sale of the company, either to another retailer or to the public, would be the latest ownership shift it has experienced in recent years.A potential agreement between Fast Retailing and J. Crew would be the latest in a series of proposed acquisitions by Japanese companies in the U.S. In January Suntory Holdings Ltd. agreed to buy liquor maker Beam Inc. for $13.6 billion in cash. Japan's SoftBank Corp. last year bought a majority stake in phone company Sprint Corp. and is still hunting U.S. deals.In the past, Mr. Yanai and investment bankers discussed Fast Retailing buying Gap, which currently has a market value of nearly $20 billion, according to sources.

Source: www.wsj.com

http://www.wsj.com

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Apparel - Corporate

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Paige Denim Implements Bigtincan For Better Sales Process

Luxury fashion brand Paige Denim is now working with mobile content enabler bigtincan's Hub to improve the field sales process with

distributors by making it easier for sales reps to access and share images of new jeans collections – while garnering valuable insights around which content is most effective during the sales process.

bigtincan Hub is a single unified solution that securely delivers the right content to the right users at the right time and location, on any mobile device.

Paige was using a File Transfer Protocol (FTP) to store and access images of new collections of jeans, prior to implementing bigtincan hub. This posed a tremendous challenge for Paige distributors as they regularly had to navigate through complex file systems to find and download the latest images on the fly, which often staggered the sales process.

“In the fashion industry, your success often hinges on how well you can tell a visual story and our field sales organization was not able to effectively do that with our internal FTP system,” said Ywain Cheney, Art Director of Paige Denim. “With bigtincan hub, we’ve found an easy, highly effective way to arm our field representatives with a single point of access to all of the tools they need to close deals. As a result, our sales process is much more fluid, our field reps are much more productive and we have much better

visibility into how our marketing assets are being used. bigtincan hub has improved our business processes across the board.”

Paige Denim implemented bigtincan hub to create a more efficient and cost effective way for its field sales team to access and share images through a single interactive interface. More importantly, the executive team wanted to understand which images and content was resonating with buyers and duplicate that process across the sales organization. Through its ContentIQ technology, bigtincan is able to provide Paige with intelligent insight into all aspects of how all of its 75 field sales users engage with content, helping them unlock expertise and create expert networks that will improve the overall performance of the entire group.

Patrick Welch, president and COO of bigtincan, said “ W e ’ r e t a k i n g t h e guesswork out of the sales

and marketing process by providing intelligent insights into what is working, how it’s working and when it’s working. Paige Denim has just scratched the surface of what bigtincan hub can do when it comes to improving business processes and improving productivity by streamlining everything into a single, unified interface. Using FTPs and file share solutions is a way of the past. If you want a truly mobile workforce, you have to equip the teams with tools that improve a workflow, not hinder it, and bigtincan hub does just that.”

Source: www.ctvnews.ca

http://www.ctvnews.ca



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Apparel - Retail

Sequential Brands Group, Inc. has announced the expansion of William Rast, in premiere department stores and specialty stores across Europe, where it will be in stores in Germany, Switzerland, England and Italy.

Following the success of last year's all-door launch at Hudson's Bay department stores in Canada, the European rollout is directly in line with Sequential's global strategy of focusing on international growth for the brand in new markets such as Asia, Latin America, and the Middle East.

William Rast was co-founded in 2005 by s inger/actor Just in Timberlake and his childhood friend Trace Ayala. The brand is now owned by Sequential Brands Group, which has its executive offices in Los Angeles and business offices in New York.

In late 2011, Sequential Brands exclusively licensed the William Rast label to JCPenney. However, the exclusive-licensing agreement was changed in December 2013 and now expires on June 30, 2014, and will no longer be exclusive. That gives Sequential Brands the right to take its William Rast brand and enter into other licensing agreements with other parties.

Starting March, the Spring 2014 collection of the

brand will be carried by key European retailers including Appelrath-Cupper and Gorgens-Gruppe in Germany, Manor in Switzerland, and USC in England as well as online sites Yoox in Italy and Zalindo in Germany. More stores will be launched this fall.

Plans are also in the works to extend the brand to Asia, Latin America and the Middle East.

"We ' re exc i ted to reintroduce the new William Rast collection i n t e r n a t i o n a l l y , especially with such premium European retailers," said Trace Ayala, co-founder of William Rast. "As much as the collection has evolved, the look and feel has stayed true to our Tennessee roots and continues to offer a fresh modern approach

to Americana fashion that we're confident the European market will embrace," added Ayala.

Co-founder Justin Timberlake's 20/20 Experience world tour comes to Europe simultaneously with the product launch this spring.

William Rast categories currently include men's and women's sportswear, Men's and Women's denim, and outerwear, as well as men's bags, belts and small leather goods.


Source: www.globalnewswire.com

Major European Expansion for William Rast

Image Source: denimhunt.com

http://www.globalnewswire.com


Apparel - Brand Launch

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A Gold E, new denim brand, by Citizens of Humanity Finding the perfect pair of jeans is a usually a struggle and most of the time the snug pair of skinnys or the perfectly proportioned boyfriends, tend to come with a hefty price tag.

The team behind cult designer denim brand, Citizens of Humanity have launched a more pocket-friendly line, labeled A Gold E. Citizens of Humanity founder and denim innovator, Jerome Dahan remains at the helm of the new brand, focusing on quality at a more affordable price.

While Citizens of Humanity jeans retail around the £200-£300 mark, A Gold E designs will be available starting 3 March 2014 at John Lewis with prices ranging from £100 – £200.

Key pieces of the SS14 collection are, the Estella Crop Straight Jeans in Nice, £165. Cut from super soft, cotton-rich denim, Estella are your everyday go-to jeans for spring, pairing everything from a tailored blazer and courts, to a plain white tee and flats, perfectly.

A Gold E’s Chloe Low Rise Skinny in Lyon, £145. This slightly cropped, skinny fit comes in a washed-out, rock chick grey – perfect for pairing

with a love-worn vintage tee and leather biker. Equally, pair with a silk blouse or tee, they’ll become a favourite piece of your evening wardrobe too.

For people who prefer high-waist for your pair of denim jeans, the Soph ie H igh R ise S k i n n y J e a n s i n Midnight at £156 are near perfect. Tuck a masculine white shirt into the high waist for a c l a s s i c , P a r i s i a n inspired look.

The entire A Gold E collection has been developed in Los Angeles and is produced exclusively at the company’s own local manufacturing facilities. This allows the brand to create their own exclusive cuts and washes that you won’t find anywhere else, which is not typical of most lower-priced designer denim.

Safeguard duty probe initiated on spandex importsA safeguard duty probe has been initiated, by the Directorate General of Safeguards, on imports of bare elastomeric filament yarn, commonly known as spandex.

Spandex or elastane has various applications in the apparel industry such as denim jeans, sportswear, T-shirts, suitings, socks and other garments.

Indorama Industries, claiming to be the sole producer of bare elastomeric filament yarn in the country has filed the petition seeking safeguard

duty imposition on spandex imports.

Indorama industries had sought impos i t ion o f safeguard duty for a period

of three years. The company has also made a case for imposition of provisional safeguard duty.

Bare elastomeric filament yarn is imported into India from a number of countries and primarily from Vietnam, South Korea, China, Singapore, Taiwan and Thailand.

Image Source : zappos.com


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Apparel - Collection

Ivido Jeans offering Push-up jeans A small retailer on West Broadway, Ivido Jeans, sells a specialty line of denim for women who want a little more “junk in their trunk.”

The idea came from fiery Latina businesswoman Ivis Gonzalez, who wanted to bring a little taste of her Colombian culture to Vancouver.

Gonzalez said "In South America we really celebrate our bum. It's not about being skinny. It's just to wear the right thing for your body and feel like a woman."

To give the booty a boost the jean are designed using shading, special fabrics, stitching and pocket placement. All the jeans are made in Gonzalez’s home country of Colombia.

Fifty styles are currently available, including one with a built-in girdle. “Some women, they need extra help and then we create the push-in tummy," said Gonzalez.

What is the customers Response?"When you put them on, it's like stepping into a

standing ovation. You can't help but strut," said Stefanie Cornell.

"My butt grew five sizes. I'm amazed,” said Danae Dumontet.

Ivido jeans don’t come in small, medium and large. Instead, instead they have names like Tango, Salsa and Meringue. The plus sizes are called Delicious, Sweet Delicious and Hot Delicious. They retail in the price range of $85 to $110.

Source: www.ctvnews.ca

Premium Denim Jeans : Made in IndiaLooking for an exclusive premium class jeans? A few minutes of surfing will bring up a Momotaro jeans for USD 2000 and a 3x1 customized jeans for USD 1200. And, there are a large number of brands offering jeans for 200+ USD.

The discerning jeans lovers in India have had to go in for foreign brands and labels to satiate their desire for a premium category jean.

It is not that international quality jeans can not be made in India - we have the best of fabric available, along with dedicated jeans makers and expert washers.

In the near future, a few indigenous jeans designers will be coming up with premium denim jeans under the Made in India initiative being taken by Denim Club.

Watch out this space for some exciting news about Made in India Premium Denim Jeans!


Image Source : Ctvnews.ca

http://www.ctvnews.ca



Corporate - Cause

Annual Grant in honor of Levi StraussLevi Strauss & Co. (LS&Co.) announced its first annual grant in support of causes important to the company founder on 26th February, 2014 which would have been Levi Strauss’ 185th birthday.

One of the earliest corporate philanthropists in the Bay Area, Levi Strauss had an innovative approach to business for the time. He didn’t just make a profit — he did it with principles.

This “profits through principles” philosophy is still deeply woven into the fabric of the company. The grant announced by LS&Co. honors Levi Strauss’ legacy and his first known charitable donation of $5 in 1854 to the San Francisco Orphan Asylum — now named Edgewood Center for Children and Families (Edgewood).

In tribute to this original donation and Levi Strauss’ commitment to giving back to the community, LS&Co. is continuing its support of Edgewood with a $15,000 grant.Strauss, one of the Bay Area’s early entrepreneurs, and his business partner, Jacob Davis, invented an item of clothing that for more than a century has been indispensable to people from all walks of life around the world.

His vision was to provide consumers with a durable and high-quality product while also making an enduring impact on San Francisco and the Bay Area. Little did he know that more than 160 years later, the company he founded would still be carrying out his values, contributing more than $100 million since then to the Bay Area.

“Levi Strauss was one of San Francisco’s early visionaries,” said Lynn Downey, Historian for Levi Strauss & Co. “He not only looked out for his business, and made it successful, he used his success to better his community, and supported organizations that did the same. Edgewood was a great example of an equally visionary organization that filled a critical need in the community, and still does today.”

Just as LS&Co. has stayed relevant for more than 160 years, Edgewood has also evolved to meet the needs of the community, which is one

reason why it remains the oldest children’s charity in the Western United States and now transforms the lives and restores hope to 7,000 youth and families in the San Francisco Bay Area each year.

“We are proud of Edgewood’s history and we see ourselves as a pioneer just like Levi Strauss was in the 1850s,” said Matthew Madaus, LCSW, President and Chief Executive Officer of Edgewood. “If it weren’t for the visionary founders of Edgewood and the early supporters like Levi Strauss, Edgewood wouldn’t be here today providing children and families throughout the Bay Area with innovative behavioral health services in a way that no other agency fully does. We’re grateful for his forward thinking then, and are truly appreciative of our continued partnership today, more than 160 years later.”

Since Strauss’ original contribution, the company has continued to support Edgewood in a variety of ways including helping to provide sustainable denim insulation and an irrigation system for the Edgewood Garden Learning Center, providing pop-up shopping experiences for the children, matching employee gifts, and organizing countless Community Day projects over the years.

Source: www.levistrauss.com


Image Source: LS&Co.

http://www.levistrauss.com




Industry - Network

Mr. Ali Ashraf, Assistant Manager

US Apparel & Textile Pvt. Ltd., Lahore, Pakistan

Mr. Manoj Tiwari, Associate ProfessorNational Institute of Fashion Technology, Jodhpur, India

Mr. Anupam Bhattachrjee, Managing Partner

Apparel Solution & Sourcing Links, Kolkata, India

Mr. Mujeebullah Khan, Chief Executive OfficeriTextiles Pvt. Ltd., Karachi, Pakistan

Mr. Amir Hossain

Jiashan Tianhui Garment Co.,Ltd., Jiaxing, China

Mr. Narinder Walia, CEODhan Laxmi India, Mohali, India

Mr. Arshad Mahmood, Chief Executive

Usman Knitwear, Lahore, Pakistan

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From The Denim Directory

Company:

Segment: Dyes & Chemical

Starting as a chemical factory in UAE in 1980, over the years, Atlantic has transformed itself into a leading chemical manufacturing company with an impacting presence in the gulf and the middle east.

The company took timely decisions which were backed by significant investments in creating products for the laundry industry, and as a result, today Atlantic is a global chemical company active in Laundry, Textile Chemicals, Hospitality Hygiene and Automobile cleaning industry.

The company is highly focussed on and invests in Research & Development and most of its innovations and product development are inspired by feedback collected during interactions with end users and business owners, to discover and develop new chemicals that meet the needs of the ever changing fashion trends while keeping them economical and environment friendly.

The company has a state-of-the-art laboratory and strongly believes in adhering strictly to organic chemicals and a firm resolve to minimize dependence on chemicals that are hazardous to human health and environment. Hence, the R&D programs of the company focus on process amalgamation, reducing energy consumption, increasing productivity, lower rejection, being machine and hardware

Atlantic Care Chemicals, India

friendly and most importantly sustainable finishes.

The company has introduced the concept of I3 fading, an innovation in indigo fading technology. I3 fading products comply with the requirements of the various globally acceptable accreditations. Some of the products offered under the I3 fading are: Novosize Oxy Novowash Combi LT Novostone BD Ultra 160 Novofast Tr340 Novolist Ultra Novodenifade BE 700 Novofinish PF

The company has a presence in over 30 countries spread across 4 continents and is globally recognized by leading brands in the apparel world as a leading name in laundry, textile and fashion chemicals and has Okeo Tex , Reach and GOTS vers ion 3 accreditation.

Mr. Sanjay JoshiRegional Manager - [email protected]+91 989 978 6615www.atlanticchemicals.com

http://www.atlanticchemicals.com
