21st Dec 2022 11:03
Sanderson Design Group PLC - Buckinghamshire-based interior design and furnishings company - Hails a new licensing deal for its Morris & Co brand with Ruggable LLC. Says it is the second licensing agreement for the Morris & Co brand in the US, following the agreement with US retailer Williams Sonoma for a broad range of tableware, cookware and kitchen accessories.
Ruggable is a US-based company that markets machine washable indoor and outdoor rugs and doormats.
Chief Executive Officer Lisa Montague says: "We are delighted to sign this licensing agreement with Ruggable for the USA, Canada and Australia. Ruggable's development of machine washable rugs and doormats has given the business a distinct market position which the Morris & Co brand will further expand."
Current stock price: 115.55 pence, up 2.3% on Wednesday morning in London
12-mont change: down 28%
By Xindi Wei, Alliance News reporter
Comments and questions to [email protected]
Copyright 2022 Alliance News Ltd. All Rights Reserved.
Related Shares:
Sanderson Design Group