HeiQ AeoniQ "game-changing" decarbonizing yarn endorsed by HUGO BOSS and The LYCRA Company
ZRICH, Feb. 14, 2022 /PRNewswire/ -- HUGO BOSS became a front-runner in the race to adopt HeiQ AeoniQ yarns by putting aUS$5M equity investment in HeiQ AeoniQ LLC and additional contingent US$4M based on performance milestone arrangements.
- ZRICH, Feb. 14, 2022 /PRNewswire/ -- HUGO BOSS became a front-runner in the race to adopt HeiQ AeoniQ yarns by putting aUS$5M equity investment in HeiQ AeoniQ LLC and additional contingent US$4M based on performance milestone arrangements.
- The LYCRA Company has also become the exclusive distributor for HeiQ AeoniQ yarn by making a significant, undisclosed investment and by committing to develop the technology for broad application in textiles.
- HUGO BOSS is the first company that has joined the race to adopt HeiQ AeoniQ and to have secured its stake in HeiQ AeoniQ equity.
- "The financial commitments by such prestigious companies as HUGO BOSS and The LYCRA Company are strong endorsements of HeiQ AeoniQ's game-changing potential.