Tobias Nanda, head of brands at Gordon Brothers, gushed about the revival of the iconic Laura Ashley brand saying: "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.
Laura Ashley acquired by Marquee Brands, the US conglomerate behind Ben Sherman Iconic British brand Laura Ashley has been acquired by Marquee Brands, the American conglomerate behind Ben Sherman.
Marquee Brands' CEO Heath Golden commented: "Laura Ashley’s licensed business model and robust group of high-quality partners makes the brand a seamless addition to Marquee Brands.
Marquee Brands is keen to "unlock the future potential" of Laura Ashley with exciting plans for fresh products and partnerships.
After falling into administration at the beginning of the Covid-19 crisis nearly five years ago, Laura Ashley was forced to permanently close its 70 shops, resulting in numerous job losses.
