Laura Ashley Bought by US Owner of Ben Sherman

Laura Ashley has been acquired by New York-based Marquee Brands, the owner of 17 businesses including Ben Sherman and Martha Stewart.

The clothing and home furnishings brand, best known for its floaty floral frocks, has been sold by Gordon Brothers.

Gordon Brothers has owned Laura Ashley since 2020, when the US restructuring specialist bought the business out of administration after it became the first major retail casualty of the Covid…