Ben Sherman owner snaps up Laura Ashley from Gordon Brothers

Laura Ashley Westfield 003

British fashion and lifestyle retailer Laura Ashley has been acquired by New York-based Marquee Brands, the owner of British clothing brand Ben Sherman, from Gordon Brothers.

Marquee Brands, which owns a total of 17 brands including Ben Sherman, Bruno Magli and Martha Stewart, announced the strategic acquisition today and said it brings the company’s portfolio retail value to more than $4bn (£3.23bn).

 

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