Invista buys Cone Denim's dual core patent portfoilio

INVISTA owners of the LYCRA brand, along with Cone Denim and its parent company, International Textile Group have announced that INVISTA has purchased Cone Denim’s and ITG’s dual core patent portfolio. The patent estate covers a broad variety of dual core yarns, fabrics, and garments made from those fabrics, which are sold in the U.S., China, and most recently, Europe. The purchase is effective immediately.

“This year marks the 10th anniversary of Cone Denim’s development of its dual core patented innovation, trademarked as SGENE&reg technology,” says Steve Maggard, Cone Denim’s senior vice president of operations. “Cone’s SGENE&reg technology integrates a stretch fiber, such as LYCRA&reg fiber, with an inelastic control filament. Cone is pleased to collaborate with INVISTA to provide a global platform to take this technology to the next level and will continue to produce yarns and fabrics made with the SGENE® technology under a license from INVISTA.”

Last month, Cone Denim’s dual core patent was granted in Europe and is now part of the INVISTA patent estate. “The granting of the EU patent marks another milestone in dual core technology and should provide new opportunities for INVISTA’s customers,” Hegedus said. Over the next several months INVISTA will be meeting with its customers and other fabric producers to discuss its expanded dual core patent estate and license requirements.

Invista buys Cone Denim’s dual core patent portfoilio