A high-solids self-crosslinking acrylic emulstion which has excellent durability to both washing and dry cleaning. Due to its high initial solids, production speeds may be increased, and time or amount of hear needed for drying the binder can be decreased. The binder is particularly suited as an adhesive for laminating and flocking. It does not require the addition of nitrogenous or other external crosslinking agents. However, the rate of crosslinking of the binder can be increased by the addition of an acid or latent-acid catalyst.