Cone Denim has announced strategic transformation plans designed to better serve the global denim fabric market. The plans include strengthening Cone Denim’s focus on its established manufacturing platform in Mexico and the planned exit of denim manufacturing operations in China by the end of 2026.
“We are positioning Cone Denim for its next chapter of success, with a clear priority to continue delivering for our customers with the quality, innovation, reliability, and service that have defined Cone Denim for generations,” says Steve Maggard, president of Cone Denim. “Closing the China facility was a difficult but necessary decision as we position Cone Denim for long-term competitiveness in a changing global market. While this marks a significant change in our manufacturing network, our commitment to serving customers remains unchanged, and we are committed to supporting our customers, employees, suppliers and local stakeholders through this transition with transparency, care, and disciplined execution.”
“At Elevate Textiles, we are focused on executing our strategy — winning in the marketplace for our customers, taking care of our employees, and generating returns for our investors,” says Jeffrey P. Pritchett, CEO and board member of Elevate Textiles. “Transforming Cone Denim to meet our strategic objectives, including the planned exit from denim manufacturing operations in China, is an important step in sharpening Cone Denim’s focus on the markets, capabilities, and manufacturing platforms where it is best positioned to compete and win. By supporting customers through this transition and strengthening our established Mexico platform, we are building a more focused, resilient Cone Denim business for the future.”
The company will work closely with customers to support a smooth transition, continuity of short-term fabric supply and planning for future sourcing needs. Company teams will engage directly with customers to understand requirements, support existing commitments and provide transition information as it becomes available.
For more information, visit conedenim.com.
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