#Denim

2025-09-18

Artistic Milliners acquires majority stake in Cone Denim

Artistic Milliners, a global leader in denim innovation, today announced the acquisition of a majority stake in Cone Denim from Elevate Textiles. The new multi-national company will operate under the historic Cone Denim name. Artistic Milliners' Pakistan operations and business will continue to operate independently. The transaction is expected to close in the first quarter of 2026.

Cone Denim and Artistic Milliners leadership at signing ceremony. Left to right: Steve Maggard, Murtaza Ahmed, Jeffrey P Pritchett, Omer Ahmed. © 2025

Cone Denim will offer fully vertical, end-to-end solutions – ranging from premium denim fabric to expertly finished garments. "We are committed to bringing the full breadth of our expertise to help unlock Cone's competitive strengths. Cone Denim will preserve its unique identity while continuing to drive its own business strategy. Our goal is to collaborate closely with the Cone Denim team, building on the legacy and achievements of more than 130 years," said Murtaza Ahmed and Omer Ahmed of Artistic Milliners in a joint statement.

The new entity will operate a global platform spanning both hemispheres and will be comprised of a combination of selected assets from each organization. Cone Denim will now operate its existing mills in Parras and Yecapixtla, Mexico and its facility in Jiaxing, China; as well as Artistic Milliners' recently inaugurated garment facility in Parras, Mexico; and its Star Fades International (SFI) laundry and development center in Los Angeles.

The Ahmeds continued: "Cone Denim's distinctive position as the iconic American manufacturer joins Artistic Milliners' global portfolio, creating an international organization that leverages our collective infrastructure and expertise to offer customers unparalleled service and flexibility. Our multinational manufacturing locations will offer speed, scale and surety of supply."

Cone Denim will continue to operate as a standalone portfolio company under Artistic Milliners. Steve Maggard, President of Cone Denim, will lead the new entity, reporting to the Board of Directors, which includes Omer Ahmed, Murtaza Ahmed, and Jeffrey P. Pritchett alongside to-be-determined directors.

Pritchett, CEO and member of the Board of Directors, Elevate Textiles added, "We are excited to unite two global denim leaders with shared values furthering the Cone Denim name and legacy. Cone Denim and Artistic Milliners both possess long-standing textile heritage and are recognized worldwide for their commitment to innovation, traceability, and sustainability. They are both well respected, responsible, and ethical manufacturers. As the new Cone Denim, we are able to better leverage synergies across our brands, operations, and global footprint including the return of Cone Denim production capabilities in the US and expansion into new global regions."

Cone Denim and Artistic Milliners customers will continue to interact with their existing product and sales representatives and can anticipate the same high standard of service, delivery, and quality to be upheld.

"We remain committed to providing enhanced fabric variety, design innovation, and comprehensive garment services to our customers — this includes our planned expansion into North Africa," Maggard added.

Cone Denim to launch collaborative hub The Cone Collective

Cone Denim® will debut The Cone Collective, a virtual hub for its cross collaborations with designers and students at the end of June. The Cone Collective is a creative initiative within Cone Denim aimed at supporting and highlighting designers, brands, and students who help tell Cone’s story using its denim fabric through unique creations and art.

Cone Denim 2025 Sustainability Report highlights key initiatives, sustainable innovations, and collaborative projects

Cone Denim®, a leading denim innovator for more than 130 years, is pleased to release its 2025 Sustainability Report. Within the report, Cone reflects upon its sustainable progress over the previous year and discusses metric goals set by parent company Elevate Textiles that it aims to achieve by 2030.

Cone Denim and AMK Atelier honor Rooted collaboration at Kingpins Amsterdam

Cone Denim® will debut Rooted, a denim collaboration with AMK Atelier and videographer Eduard Nijgh, at Kingpins Show Amsterdam April 16-17. The collection follows the work of farmers at De Stadsgroenteboer in Amsterdam, documenting wear patterns and testing fabric durability for a full year in custom workwear designed by AMK Atelier. Rooted garments utilize a range of Cone Denim fabrics, including the most recent Cone Denim Community Deforestation selvedge fabric.

Eastman Naia™ brings its inside-out denim vision to Kingpins New York

Following its debut at Kingpins Amsterdam, Eastman Naia™ brings the next chapter of its denim story to Kingpins New York, taking place July 22–23. At Booth Green 7, Naia™ presents its denim proposition built around three complementary design directions: Performance Denim, Fashion Denim and Authentic Denim.

ISKO brings conscious color, texture, and tactile evolution to Bluezone Munich

At Bluezone ISKO is debuting its FW 27–28 Collection, structured around a trio of core sensory pillars: color, texture, and touch. This season, the textile leader showcases a creative vision where emotional connection and advanced technical innovation come together. The entire range is anchored by a dedicated commitment to eco-conscious material creation, utilizing patented processing technologies and high-quality Next-Gen materials powered by RE&UP.

Jeanologia brings “Billy” to China, the AI transforming denim design

The denim industry is turning its attention to Hangzhou this week, where a new edition of Kingpins, the leading international trade show for the sector, takes place on May 21 and 22. There, the Spanish company Jeanologia, a global leader in sustainable technologies for the textile industry, is introducing its latest innovation to the Chinese market: “Billy”, the first artificial intelligence specifically developed for denim finishing design.

SHIMA SEIKI brings new flat knitting technologies to FEBRATEX 2026

Leading flat knitting solutions provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Brazilian representative BRASTEMA TECNOLOGIA TEXTIL LTDA., will exhibit at the Brazilian Textile Industry Fair (FEBRATEX 2026) this month. On display will be a roundup of SHIMA SEIKI computerized flat knitting technology, represented by WHOLEGARMENT® knitting machines, computerized flat knitting machines featuring a brand-new model with high productivity and excellent cost performance, a glove knitting machine and the latest digital solutions.

Lenzing reports improved half-year results and advances strategic transformation

Despite a persistently challenging market environment in the first half of 2026, characterized by volatile energy and raw material prices, subdued global consumer demand and intensified competition from Asia, the Lenzing Group significantly improved its financial performance. Net result after tax more than doubled to EUR 35.6 million, compared with EUR 15.2 million in the first half of 2025. Free cash flow increased to EUR 45.8 million, while EBITDA amounted to EUR 239.2 million. Revenue totaled EUR 1.27 billion, compared with EUR 1.34 billion in the previous year.

Trützschler’s latest spinning and card clothing innovations at CAITME 2026

From September 8 to 10, 2026, Trützschler will present its latest innovations in spinning and card clothing for state-of-the-art fiber processing at CAITME in Tashkent, Uzbekistan. Visitors are invited to meet the experts at Pavilion 2, Booth D50 and explore solutions designed to increase productivity, streamline processes, and ensure consistently high yarn quality. Key topics include the next-generation card TC 30i, the integrated draw frame IDF 3, the high-performance comber TCO 21XL as well as Trützschler Card Clothing’s new flat top series STEELTOP®.