CLO Virtual Fashion Solidifies Digital Fabric Leadership with Swatchbook Acquisition

Deal News | Jul 01, 2025 | PR Newswire Cision CLO Virtual Fashion

CLO Virtual Fashion, a global leader in 3D garment design and visualization technologies, has announced its acquisition of Swatchbook, a digital materials solutions provider based in California. This strategic move makes CLO the largest digital fabric database company globally, offering enhanced fabric content and design experiences within its ecosystem. Since 2017, CLO and Swatchbook have collaborated to enhance the fashion industry's digitization. Swatchbook offers a substantial digital library of fabrics and materials, redefining material sourcing and management, and serving clients worldwide. The acquisition aims to merge Swatchbook's assets with CLO's resources to propel innovation in fabric technology, including artificial intelligence applications, and to serve users more effectively in fashion. Simon Kim, CLO's CEO, and Yazan Malkosh, Swatchbook's CEO, emphasize the tremendous value and opportunities the acquisition will unlock. CLO's comprehensive product portfolio, alongside Swatchbook's expertise, is positioned to drive the evolution of digital apparel solutions.

Sectors

  • Fashion Technology
  • Digital Fabric Solutions

Geography

  • United States – CLO Virtual Fashion is acquiring Swatchbook, which is based in California, emphasizing the U.S. market's significance in fashion technology innovations.
  • Global – CLO Virtual Fashion and Swatchbook serve clients across North America, Europe, and Asia, positioning their technologies in the global digital fashion market.

Industry

  • Fashion Technology – Focuses on digital technologies applied to garment design and material visualization, as demonstrated by CLO Virtual Fashion's 3D garment solutions and Swatchbook's digital material management.
  • Digital Fabric Solutions – Represents the digital sourcing and management of textiles, illustrating the role both CLO Virtual Fashion and Swatchbook play in revolutionizing material sourcing and fabric data management.

Financials

    Participants

    NameRoleTypeDescription
    CLO Virtual FashionAcquiring CompanyCompanyA global leader in 3D garment design and visualization technologies with a wide array of products and services for the fashion industry.
    SwatchbookTarget CompanyCompanyAn innovative digital materials solutions provider based in California with a large digital library of fabrics used to improve material sourcing and management.
    Simon KimCEOPersonCEO of CLO Virtual Fashion, overseeing the strategic acquisition of Swatchbook.
    Yazan MalkoshFormer CEO of Swatchbook and Leader of CLO's Materials TeamPersonFounder and CEO of Swatchbook, now leading CLO's Materials Team post-acquisition.