Artistic Milliners acquires majority stake in Cone Denim from Elevate Textiles

Artistic Milliners, a denim manufacturer, has announced the acquisition of a majority stake in Cone Denim from Elevate Textiles. The new multinational company will operate under the 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.

The new entity 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.

“We are excited to unite two global denim leaders with shared values furthering the CD 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,” says Prichett.