MAS holdings news and archive

New collaboration established to modernise American fashion industry

Israeli-American production company Kornit Digital is entering into a strategic partnership with Mas Acme USA, the US subsidiary of the global apparel manufacturer MAS Holdings. Together, they aim to modernise the American fashion industry, Kornit Digital announced in a press release. MAS Holdings is the largest apparel technology player in...

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Fashion

MAS Holdings and Ambercycle partner to propel sustainable fashion

MAS Holdings, a global leader in apparel manufacturing, has entered a three-year offtake agreement with Los Angeles-based Ambercycle to boost textile regeneration. This partnership allows MAS to use Ambercycle’s circular polyester, cycora, accelerating Ambercycle's production capabilities. This collaboration aligns with MAS’s Plan for Change,...

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Business

MAS Holdings invests in sustainable cellulosic yarn

MAS Holdings, a global apparel and textile manufacturing and tech conglomerate headquartered in Sri Lanka with a global footprint across 16 countries, has secured a stake in HeiQ AeoniQ to support the development of next-generation cellulosic filament fibres to replace polyester and nylon. Swiss-based HeiQ produces a climate-positive cellulosic...

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Management

Ultimo to pull out of the UK and focus on South Asia

Lingerie firm Ultimo, founded by Baroness Michelle Mone, is set to wind up its business in the UK after 22 years. The company will continue trading from its online website until April 15, while its concession stands across the country have already been closed. However, Ultimo will maintain its presence in South Asia, manufacturing and selling...