“Laura Ashley’s licensed business model and strong group of high-quality partners make the brand a natural addition to Marquee Brands. “We are excited to harness the strong affinity for this iconic brand and expand into new platforms and partnerships.” Heath Golden, CEO of Marquee Brands“Together with the existing UK team, we are looking forward to unlocking our future potential as a complete lifestyle brand, innovating new products and categories, offering unique collaborations and engaging multi-generational audiences in key markets. Laura is ready and willing to capitalize on Ashley’s seven-decade legacy. All over the world.”
Marquee Brands has acquired iconic British lifestyle brand Laura Ashley, expanding its $4+ billion portfolio and opening its first European headquarters in London. While retaining the UK-based team, the acquisition leverages Laura Ashley’s seven-decade legacy and licensed business model to expand its presence to more than 80 countries, driving innovation, collaboration and global growth.
“As a company that actively invests in and revitalizes iconic brands like Laura Ashley, we acquired the British heritage brand from bankruptcy in 2020 and have spent the last four years building a flexible, scalable licensing business and global Created an e-commerce presence,” said. Tobias Nanda, Head of Brands at Gordon Brothers“We could not be more proud of Laura Ashley’s growth under the leadership of Caroline D’Angelo, former Laura Ashley President, and know the brand is in good hands for continued global growth under the leadership of Marquee Brands.”
Building on its reputation for pioneering iconic brands, Marquee Brands has developed globally recognized lifestyle brands with a fully licensed operating model in the United States, United Kingdom, Japan, South Korea and other key markets across Asia. As has integrated Laura Ashley into its portfolio. Laura Ashley operates in over 200 lifestyle categories through a network of over 100 licensed partners whose products are available across thousands of points of sale. By leveraging its global network, Marquee Brands is poised to deepen Laura Ashley’s presence and drive new business in North America, Latin America, Asia Pacific, EMEA and other key regions.
The acquisition of Laura Ashley marks the culmination of a transformational year for Marquee Brands. To support its quick rise to $4, With a commitment to growing more organic revenues, Marquee Brands has appointed Rachel Terrace as Chief Commercial and Development Officer, John Hayes as Chief Financial Officer, Joseph Zarrow as Chief Business Development Officer and Natasha as Chief Marketing Officer. Strengthened its executive team with the appointments of Fishman. Engaging industry leaders has been instrumental in shaping the upward trajectory of Marquee Brands. With key leadership in place, Marquee Brands is well-positioned to drive expansion into 2025, optimize operational efficiencies and drive sustainable growth across its expanding portfolio.
Note: The headline, insight and image in this press release may have been refined by Fibre2Fashion staff; Rest of the content remains unchanged.
Fiber2Fashion News Desk (RM)
