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Olah Inc., the New York-based, denim-focused textile and apparel development company, has formed a partnership with China’s Prosperity Textiles.
This story first appeared in the July 3, 2013 issue of WWD. Subscribe Today.
Under the new arrangement, effective Oct. 1, Olah will function as the company’s sales agent in the U.S. and provide guidance on product development and sustainability practices to Prosperity, which has a production capacity of 5 million yards of denim a month.
The arrangement will take effect as Olah’s 25-year association with Kurabo China ends. Olah continues to work with Kurabo’s Japanese denim and textiles operation.
“Not only is Prosperity a large mill, but its values in new development, sustainability, sustainable cotton and laser technology make them the perfect collaborator for Olah,” said Andrew Olah, chief executive officer of Olah Inc. “Prosperity understands the way the future of our industry will unfold. That means they understand and have their hands around the ideas of global product development, wash developments using entirely sustainable processes and a company mission to be part of all new provocative technological developments throughout our industry on all levels from fiber to manufacturing equipment.”
Prosperity, based in Hong Kong, will exhibit at the upcoming Kingpins trade shows in Los Angeles, on July 9 and 10, and in New York, on July 16 and 17. Kingpins is produced by Olah Inc.