US-based licensing giant Marquee Brands has acquired heritage lifestyle and fashion brand Laura Ashley from Gordon Brothers for an undisclosed sum.
Adding to its portfolio of $4 billion+ 17 “world-renowned” brands, Marquee said UK-based Laura Ashley was a “strategic acquisition” that will see the already-high-profile brand expand its presence further “driving new business across North America, Latin America, Asia Pacific, EMEA and other key regions”, the new owner said.
The acquisition will see the retention of Laura Ashley’s UK-based team while expanding Marquee Brands’ global footprint with the opening of its first European headquarters in London.
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