Marquee Brands has announced the acquisition of Laura Ashley, a home, fashion and lifestyle brand, from Gordon Brothers for an undisclosed sum.
Founded in 1953, Laura Ashley has become synonymous with timeless design, blending delicate florals, vintage-inspired motifs and exceptional craftsmanship across hundreds of products and categories.
The strategic acquisition retains Laura Ashley’s UK-based team and expands Marquee Brands’ global footprint with the opening of its first European headquarters in London. Distributed in more than 80 countries through wholesalers, digital marketplaces, and over 150 branded retail locations globally, the addition of Laura Ashley increases the retail value of Marquee Brands’ global portfolio to $4+ billion.
Heath Golden, CEO of Marquee Brands said: “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.”
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