The Plains Cotton Cooperative Association has purchased the assets of Guatemalan denim manufacturer Koramsa, renaming the company Denimatrix.
The acquisition turns the Lubbock, Tex.-based PCCA into a vertical company with operations based solely in the Western Hemisphere and providing everything from raw cotton to fabric and finished product. Denimatrix will focus on higher end fashion jeans and is targeting a capacity of 150,000 jeans a week within two years.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)