Announced
Completed
Synopsis
Marquee Brands, a holding company, completed the acquisition of Laura Ashley, a British textile design company, from Gordon Brothers, an investment company. Financial terms were not disclosed. “Laura Ashley’s licensed business model and robust group of high-quality partners makes the brand a seamless addition to Marquee Brands. We are excited to harness the strong affinity for this iconic brand and drive expansion across new platforms and partnerships. With the existing UK team in place, we are primed and ready to leverage Laura Ashley’s seven-decade legacy to unlock its future potential as a full lifestyle brand innovating new products and categories, offering unique collaborations and engaging multi-generational audiences in key markets worldwide,” Heath Golden, Marquee Brands CEO.
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