The denim industry moves an important transaction. Rtistic Milliners has acquired a majority stake in the US Denim company. The participation was taken over by Elevate Textiles, as can be seen from a press release. No information was given about the purchase price.
Cone Denim will maintain his own identity under Artistic Milliners. The company offers both premium denims and clothing clothing. Customers should continue to be looked after through their usual contacts.
The merger of both companies creates a wide Denim network. Cone Denim operates production facilities in Mexico and China, Artistic Milliners in Mexico and the United States.
Murtaza Ahmed and Omer Ahmed from Artistic Milliners explained that the outstanding position of Cone Denim as a traditional American factory is adding the Global portfolio of Artistic Milliners. This creates an international organization that uses common infrastructure and expertise to offer customers’ unprecedented service and high flexibility. The multinational production locations ensure speed, scalability and delivery safety.
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