Global Denim Market
On Sep. 12, 2023, Textil Santanderina launched an advanced black denim collection in collaboration with Archroma, a global leader in specialty chemicals for sustainable solutions. Textil Santanderina's Advanced Black collection is based on Archroma's eco-advanced Diresul Evolution Black sulfur dyestuff. Previously, Textil Santanderina and Archroma collaborated to produce an aniline-free indigo denim collection using Denisol Pure Indigo.
On July 20, 2023, Messe Frankfurt, the German trade fair organizer, announced the acquisition of a share in the denim trade show Kingpins. The acquisition will bring Messe Frankfurt's experience & resources and Kingpins' exceptional expertise. This strategic partnership aims to cultivate innovation, encourage collaboration, and drive growth within the denim community. The strategic partnership with Messe Frankfurt will enable Kingpins to continue flourishing.Â
On July 05, 2023, D2C denim fashion brand Freakins announced raising US$4 MN in its seed funding round led by Blume Ventures and Matrix Partners India. The company will use the funding to build partnerships with factories specializing in denim, knits, and woven fabrics, bolstering its supply chain capabilities. Freakins emerged as a new-age, Gen-Z denim wear brand in February this year.
On Apr. 03, 2023, Ace Turtle, an omnichannel enablement platform, announced the opening of denim brand Lee's flagship store in BLR spread across a 4,200 square feet area. The store has state-of-the-art technology, featuring electronic shelf talkers, smart mirrors for personalized recommendations, and customization sections. After entering into a definitive agreement with global lifestyle apparel company Kontoor Brands, Ace Turtle has leveraged its extensive suite of technology-powered retail solutions to grow the international apparel brand's market in India.
On Mar.01, 2023, Jindal Textiles (India) unveiled a denim eye fabric collection inspired by the latest trends in the fashion industry.
