Textile traceability investment for Lectra
Technology provider Lectra is to acquire a majority stake in TextileGenesis; it will buy 51% of the capital of the Dutch company.
Founded in 2018, TextileGenesis provides a software platform that enables fashion brands and textile manufacturers to have digital mapping of their materials, from the fibre to finished garments. Apparel brands and their suppliers can use the technology to guarantee the authenticity and origin of their products.