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Denim company Cone Denim acquired by Artistic Milliners

A major deal in the denim industry has been announced. Artistic Milliners has acquired a majority stake in the US-based Cone Denim. The company acquired the stake from Elevate Textiles, according to a press release. The acquisition price was not disclosed. Cone Denim will retain its own identity under Artistic Milliners. The press release...

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