Gordon Brothers news and archive

Laura Ashley relaunches fashion

Home and lifestyle brand Laura Ashley is returning to fashion this month with a 47-piece spring/summer collection inspired by the brand’s archive. The relaunch is a partnership between Laura Ashley and fashion retailer Next and was facilitated by IMG, Laura Ashley’s licensing representative for fashion in the UK, Europe, Australia, New Zealand...

Fashion |In Pictures Featured

Laura Ashley launches menswear collaboration with Rag & Bone

British brand Laura Ashley, known for its romantic florals, has unveiled an exclusive capsule menswear collection with American fashion label Rag & Bone for autumn/winter 2023 to engage new audiences. The 10-piece menswear capsule combines the classic British tailoring and American workwear aesthetic of Rag & Bone with the nostalgic opulence of...

Business

Gordon Brothers announces sale of Orsay brand

Following a complete brand turnaround, Gordon Brothers has announced the sale of womenswear brand Orsay. The omnichannel label, as well as its archives, related trademarks and other intellectual property, has been sold to a private investor from the Czech Republic operating under Orsay International. The advisory and investment firm, which also...

Business

Gordon Brothers loans 25 million dollars to Everlane to support growth

Global advisory firm Gordon Brothers has announced that it has provided American clothing retailer Everlane with a 25 million dollar term loan secured by the brand and its working capital assets. In a release, the company said the brand would use the loan to support “over a decade of continued growth”. Speaking on the agreement, Tobias Nanda,...

Business

Gordon Brothers acquire German fashion brand Orsay

US global advisory, restructuring and investment firm Gordon Brothers have acquired the German Orsay brand, archives, related trademarks and other intellectual property from Orsay GmbH for an undisclosed amount. In a statement, Gordon Brothers said that the acquisition will allow the German omni-channel women’s fashion brand to maintain its...

Business

Gordon Brothers receives 300 million dollars in financing

Gordon Brothers, an advisory and restructuring firm, has announced it has received 300 million dollars in financing, increasing its capital base to over one billion dollars. Funded by Canada Pension Plan Investment Board (CPP Investments), the investment will go towards the continued growth of the company’s capital offerings, which it said...

RetailFeatured

Laura Ashley announces partnership with Next

Laura Ashley has announced a partnership with Next to re-launch its home products online and in-stores nationwide. The news was announced by advisory firm Gordon Brothers, which bought Laura Ashley out of administration in April. The company said Next was the ideal retail partner as it has over 500 stores in the UK and Ireland, as well as an...

BusinessFeatured

Laura Ashley brand bought out of administration by Gordon Brothers

The Laura Ashley brand has been acquired by US advisory firm Gordon Brothers after falling into administration last month when rescue talks were thwarted by Covid-19 concerns. Gordon Brothers said it will consider “several go-to-market strategies” for the struggling British fashion and homeware retailer, which could include the closure of stores...

Business

Gordon Brothers sells Bench to Apparel Brands Limited

US investor Gordon Brothers sold British streetwear brand Bench to fashion company Apparel Brands Limited. Wraith, an affiliate of Apparel Brands, bought the brand for an undisclosed amount. Apparel Brands Limited, currently one of Bench’s primary European licensees, has evolved into “the natural owner” of the brand, according to a statement by...

Business

Bench relaunches with Spring 2020 collection

Bench is returning to the European market after investor Gordon Brothers took over the brand rights following the streetwear brand’s bankruptcy last year. Bench unveiled its spring 2020 collection, which comprises around 300 pieces, at UK fashion trade show Pure London. Wholesale prices for t-shirts start from around 20 pounds and sweaters from...

Business

Gordon Brothers acquires Bench’s intellectual property assets

Gordon Brothers, the global advisory, restructuring, and investment firm, has acquired the Bench brand and all of its related intellectual property assets, following the brand falling into administration in April. Bench, was founded in Manchester in 1989 and was hailed as one of the first streetwear fashion retailers holding a central position...