New denim garment manufacturing entity will operate globally under the Cone Denim brand
Pakistan-based denim mill Artistic Milliners has acquired a majority stake in US apparel manufacturer Cone Denim, from Elevate Textiles.
Under the terms of the acquisition, the new multi-national company will operate under the historic Cone Denim brand while Artistic Milliners’ Pakistan operations and business will continue to operate independently. Financial terms of the deal were not disclosed.
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