Pakistani textile company Artistic Milliners has acquired LA denim factory in Commerce, California, with plans to invest in the facility to make it into a state-of-the-art denim design and production hub based on Supply Chain 4.0 principles and 360 design development solutions.
The new factory acquirement rises Artistic Milliners’ global footprint and fast-tracks the company’s speed-to-market capabilities while providing design-at-source at a time when global businesses have cut travel amid the COVID-19 pandemic.
Artistic Milliners is the first Pakistani denim company, with an operational factory in Los Angeles, it is raising the profile of Pakistan as a sourcing destination.
The company said in a statement, with the new name Star Fades International (SFI), the business endures providing finishing services to a customer roster that ranges from large international retailers to specialty premiums.
Murtaza Ahmed, Founder SFI and Executive Director Artistic Milliners said, “The acquisition gives us a strategic foothold in the USA, in a region with noteworthy geographic and demographic advantages.”
California has historically been a vital cornerstone for the international denim industry. It is estimated that in 2021, there will be a noteworthy rise in demand from international retailers and brands for near-shoring capacity, digital design services, and sustainable solutions.
“Our investment in this factor gives us a launch platform in the USA to meet the demand as we build the factory for the future,” added Murtaza.
Artistic Milliners has developed from a small retail store, established in Pakistan in 1949, to become one of the topmost denim manufacturers in the world.
Ranking third on the top 10 list of Pakistani textile exporters in the year 2017-2018, AM employs 19,860 people in 17 factories and mills in Korangi Karachi and other industrial areas, with a total annual turnover of $256 million.