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Date: January 2025
Buyer: Marquee Brands
Target: Laura Ashley
Business: Homewares and Women’s Clothing Brand
Value: Undisclosed
Details: New York-based Marquee Brands has acquired Laura Ashley, the British heritage womenswear and homeware brand, from Gordon Brothers for an undisclosed amount. Gordon Brothers acquired Laura Ashley out of administration in 2020, and have sold to Marquee Brands, the owner of Ben Sherman and the Martha Stewart brand, for an undisclosed amount. As part of the deal, the existing Laura Ashley management ream will remain in place, and Marquee Brands will open a new European headquarters in London.
Date: January 2025
Buyer: Sociedad Textil Lonia
Target: Christian Lacroix
Business: Luxury womenswear
Value: Undisclosed
Details: French luxury womenswear label, Christian Lacroix, founded by the eponymous Christian Lacroix, has been sold by Falic Group to Sociedad Textil Lonia (STL), a Spanish company, for an undisclosed amount. Falic Group, which specialises in duty-free retail, acquired the business in 2005 from LVMH, who had been a key investor from the brand’s creation in 1987. SLT is a textile company with its own design team, production facilities for ready-to-wear and accesses, and a distribution network. Puig, the Spanish fashion and fragrance retail giant, is a 25% shareholder in SLT.
