Cone Denim Exits China Production, Shifts Focus to Mexico
Cone Denim has announced plans to close its Jiaxing facility in Zhejiang province and exit denim production in China. This decision follows a comprehensive review of the company's manufacturing footprint and evolving customer needs amid global trade shifts, cost pressures, supply chain challenges, and geopolitical factors. The move is part of Cone Denim’s strategic transformation aimed at long-term competitiveness. The company will shift its operational focus to its Mexico-based production platform, which it views as central for supplying key markets while maintaining quality standards. Cone Denim emphasized transparency in communicating with stakeholders during the transition process. Elevate Textiles, Cone Denim's parent company, supports this transformation and sees it as a step toward refining manufacturing strategies where the brand is best positioned to compete globally.
Topics: global supply chain manufacturing relocation strategic transformation