NEW YORK--(BUSINESS WIRE)--Jan 2, 2025--
Marquee Brands, the global brand accelerator and owner of 17 world-renowned brands announces the strategic acquisition of Laura Ashley®, the legacy home, fashion and lifestyle brand celebrated for its romantic English aesthetic, from Gordon Brothers, the global asset experts. 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 leading wholesalers, best-in-class 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.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250102801787/en/
“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,” said Heath Golden, CEO of Marquee Brands. “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.”
“As a firm that actively invests in and revitalizes iconic brands like Laura Ashley, we acquired the British heritage brand out of insolvency in 2020 and built a flexible, scalable licensing business and a global e-commerce presence over the last four years,” said Tobias Nanda, Head of Brands at Gordon Brothers. “We could not be prouder of Laura Ashley’s growth under Carolyn D’Angelo’s leadership, the former President of Laura Ashley, and know the brand is in the right hands for continued global growth under Marquee Brands’ leadership.”
Building on its reputation for scaling iconic brands, Marquee Brands integrates Laura Ashley into its portfolio as a globally recognized lifestyle brand with a fully licensed operating model spanning the United States, United Kingdom, Japan, South Korea and other leading markets across Asia. Laura Ashley operates in more than 200 lifestyle categories through a network of over 100 licensed partners with products available at thousands of points of sale. By leveraging its global network, Marquee Brands is poised to deepen Laura Ashley’s presence, driving new business across North America, Latin America, Asia Pacific, EMEA and other key regions.
The acquisition of Laura Ashley marks the culmination of a transformative year for Marquee Brands. To support its accelerated growth to $4 + billion and commitment to increasing organic revenue, Marquee Brands bolstered its executive team with the appointments of Rachel Terrace as Chief Commercial and Growth Officer, John Hayes as Chief Financial Officer, Joseph Zarro as Chief Business Development Officer and Natasha Fishman as Chief Marketing Officer. The addition of industry leaders has been instrumental in shaping Marquee Brands’ upward trajectory. With key leadership in place, Marquee Brands kicks off 2025 well-positioned to drive expansion, optimize operational efficiencies and foster sustainable growth across its expanding portfolio.
Lincoln International served as the exclusive financial advisor to Gordon Brothers in facilitating the completion of this transaction.
ABOUT MARQUEE BRANDS
Marquee Brands, established in 2014 by Neuberger Berman, is a globally recognized brand owner, licensor, marketer and media company. As a brand accelerator and a prominent licensor, Marquee Brands manages a portfolio of renowned brands with substantial consumer recognition. Marquee Brands strategically works to harness and grow the value of its brands by partnering with best-in-class operators across multiple channels, geographies and product sectors. Marquee's brand portfolio is organized into three distinct verticals: Home & Culinary, Fashion & Lifestyle and Active & Outdoor, and encompasses timeless brands such as Martha Stewart, Emeril Lagasse, Sur La Table, America's Test Kitchen, BCBG, Ben Sherman, Bruno Magli, Anti Social Social Club, Totes, Isotoner, Destination Maternity, Motherhood Maternity, A Pea in The Pod, Dakine and Body Glove. For more information visit, www.marqueebrands.com.
ABOUT GORDON BROTHERS
Since 1903, Gordon Brothers has maximized liquidity through realizable asset value by providing the people, expertise and capital to solve business challenges. Our solutions-oriented approach across asset services, lending, financing and trading gives clients the insights, strategies and time to optimize asset values throughout the business cycle. We work across the full spectrum of assets globally with deep expertise in retail, commercial, industrial, brands and real estate. We are headquartered in Boston with over 30 offices across North America, Europe, the Middle East and Africa, and Asia Pacific. For more information visit, www.gordonbrothers.com.
Courtesy of Laura Ashley
Courtesy of Laura Ashley
INDIANAPOLIS (AP) — The horn sounded, signaling UConn's return to the national championship game for the third time in four seasons. And freshman Braylon Mullins raised his arms in triumph, a huge smile on his face as he trotted over to join his celebrating Huskies teammates.
Not far away, Illinois freshman Keaton Wagler headed dejectedly to his bench, pulling his jersey over his face. He disappeared into the arms of consoling teammates, then emerged with his head covered by a towel as the handshake line formed.
Only one of the two fantastic freshmen could end the night in triumph, but both led their teams on a rough offensive night for the Huskies and the Illini in UConn's 71-62 win Saturday in the Final Four.
Mullins — the home-state hero who hit an incredible shot to send UConn to Indianapolis — got off to a fast start and finished with four 3-pointers and 15 points. Wagler, a second-team All-American, had a game-high 20 points to go with eight rebounds while the Illini never found the groove that had brought them to their first Final Four since 2005.
Both hit key 3s as UConn fought to maintain its tenuous late lead. And by the final horn, Mullins and Wagler had become the first opposing freshmen with at least 15 points in a Final Four game since 1982 — when a couple of kids named Michael Jordan (North Carolina) and Patrick Ewing (Georgetown) were squaring off for the national title.
Only Mullins will have a chance to add to his March run.
“We’re so ready for the national championship game,” Mullins said after exchanging an exuberant hug with coach Dan Hurley. “This is what I came here for. Let’s get it on Monday.”
Mullins was a prep star out of Greenfield, roughly 30 miles from Lucas Oil Stadium, the cavernous home of the Indianapolis Colts that hosted the Final Four. He was already the star of the week in Indianapolis after hitting the 3-pointer that capped UConn's stunning comeback from 19 points down to beat No. 1 overall tournament seed Duke in the Elite Eight last weekend.
This time, he faced an opponent that had elevated its defense to go with its season-long efficiency. The Illini allowed just 0.976 points per possession through four NCAA Tournament wins to lead the four remaining teams while leaning on their paint-controlling size advantage.
That only magnified the importance of Mullins, a 6-foot-6 wing who came armed with a fearless look — whether shaking off a second half full of misses or ending up on the floor after getting stuffed at the rim on a baseline drive before halftime.
He set the tone during the opening three minutes, when he knocked down his first two 3-point tries, the second after losing Jake Davis around a screen then backpedaling and clapping with a big grin. He even banked in a straightaway 3 for a 37-27 lead, prompting him to grin sheepishly and stick out his tongue.
“The shot clock was winding down and I was just trying to find a pick and pop,” Mullins told reporters huddled around his locker. “I knew when I saw that separation I was going to put it up. But I did not expect to hit glass. You’ve got to have a smile on your face when that happens because those shots do happen.”
He saved his biggest moment for the second half. Mullins was 0 for 5 since halftime when Illinois had trimmed a 14-point deficit to four. Alex Karaban missed a 3-pointer, but Silas Demary Jr. outfought Illinois’ Ben Humrichous for the rebound to set up Mullins’ 3 with 52.1 seconds left.
It was his only second-half basket as UConn shot just 28.6% after halftime in a rock fight of a game.
It was a harder night for Wagler, the former four-star recruit who rose to prominence this season as part of a stellar freshman class nationally. He finished 7 for 16 from the floor but went just 2 for 10 from 3-point range — he entered shooting 40.7% from behind the arc — on a night when Illinois shot just 33.9% overall.
“I felt like I was settled in, it was just my shot was off, which happens,” Wagler said. “So I was just trying to stay confident throughout the game and keep shooting them. I felt like I'm a good shooter so I kept shooting them.”
He came through with a big one to answer Mullins' late 3, hitting a step-back against Demary with 43.5 seconds left to keep Illinois within four. But he missed another one moments later, slapping his right thigh in frustration as it became clear the game was finally out of reach.
By the end of the night, he sat his locker with teammate Ty Rodgers' left arm wrapped around him.
“Every day when you go through something like this with a group for this long, and you love them, it's hard when it ends,” Wagler said, pausing to fight back tears as Rodgers patted him on the shoulder. “You know, when it ends, it's just sad.”
AP March Madness bracket: https://apnews.com/hub/ncaa-mens-bracket and coverage: https://apnews.com/hub/march-madness
UConn's Braylon Mullins (24) and head coach Dan Hurley celebrate after defeating Illinois in an an NCAA college basketball tournament semifinal game at the Final Four, Saturday, April 4, 2026, in Indianapolis. (AP Photo/Michael Conroy)
Illinois' David Mirkovic (0) and Keaton Wagler reacts after losing to UConn in an NCAA college basketball tournament semifinal game at the Final Four, Saturday, April 4, 2026, in Indianapolis. (AP Photo/Michael Conroy)
Illinois guard Keaton Wagler (23) drives against UConn during the second half of an NCAA college basketball tournament semifinal game at the Final Four, Saturday, April 4, 2026, in Indianapolis. (AP Photo/AJ Mast)
Illinois' Keaton Wagler (23) drives around UConn's Malachi Smith during the second half of an NCAA college basketball tournament semifinal game at the Final Four, Saturday, April 4, 2026, in Indianapolis. (AP Photo/Michael Conroy)
UConn guard Braylon Mullins (24) celebrates a basket against Illinois during the second half of an NCAA college basketball tournament semifinal game at the Final Four, Saturday, April 4, 2026, in Indianapolis. (AP Photo/Abbie Parr)
UConn guard Braylon Mullins (24) rebounds against Illinois during the second half of an NCAA college basketball tournament semifinal game at the Final Four, Saturday, April 4, 2026, in Indianapolis. (AP Photo/Abbie Parr)
