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Invista Completes Sale of Apparel & Advanced Textiles Unit to Shangdong Ruyi

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Invista has completed the sale of its Apparel & Advanced Textiles business, first announced in October 2017, to an affiliate of Chinese textile company Shandong Ruyi Investment Holding. The transaction includes the Apparel & Advanced Textiles business’s portfolio of apparel-focused fibers, products and brands, including Lycra, Coolmax, Thermolite, Elaspan, Supplex and Tactel. Also included in…

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