Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
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 newsroom@alliancenews.com
Copyright 2022 Alliance News Ltd. All Rights Reserved.