Lectra to acquire majority stake in textile traceability platform TextileGenesis

TextileGenesis is a Dutch textile traceability platform headquartered in Hong Kong, China. It creates complete transparency from fiber to retail, ensures that environmentally friendly fabrics are pure and traceable, and prevents confusion with conventional fabrics. It is a market-leading traceability platform for fashion and Tailor-made textile ecosystem. Recently, TextileGenesis was acquired 51% shares by Lectra for 15.2 million euros.

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