Interestingly, this potentially has applications beyond clothing.

A while back, Lee Valley did a 3D knitted chisel roll using Kevlar and other materials, in support of the Canadian company which invented the 3D knitting process used (unfortunately, at the time, I didn't have the money or need for --- I've since updated my woodworking toolkit and have a nice set of chisels which it would have been perfect for, except it was discontinued and is no longer available...)