![]() ![]() ![]() Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. Through its global team of professionals and partners, Marquee Brands monitors trends and markets in order to grow and manage brands in partnership with retailers, licensees and manufacturers through engaging, impactful strategic planning, marketing, and e-commerce. Marquee Brands seeks to identify brands in various consumer product segments with the goal of expanding their reach across retail channel, geography and product category while preserving the brand heritage and enhancing the ultimate consumer experience. Owned by investor funds managed by Neuberger Berman, one of the world’s leading employee-owned investment managers, Marquee Brands targets high quality brands with strong consumer awareness and long-term growth potential. Marquee Brands is a leading global brand owner and marketer. The acquisition, which is expected to close in the second quarter of 2019, is subject to customary closing conditions. We look forward to this best-in-class team joining our organization to help us drive continued growth,” said Michael DeVirgilio, President of Marquee Brands. “We are committed to making impactful investments across marketing and our established e-commerce platform to support these brands. Marquee Brands was founded in 2014 and has quickly developed a reputation for responsible brand stewardship coupled with an inventive approach to brand building. Carolyn is a proven executive with a track record of building brands in the home sector, who will serve as President of Marquee Brand’s home division, and will contribute invaluable industry expertise to the organization in the next steps of its evolution.” The company is also excited to welcome Carolyn D’Angelo and her team. “The addition of new partners, customers, and capabilities will further diversify Marquee Brands, improving its position as a preeminent global brand owner. “This transformative acquisition allows Marquee Brands to enter the home, food, and media sectors,” said Zachary Sigel, Managing Director, Neuberger Berman. Rooted in Emeril Lagasse’s passion for food and mastery of Creole and Cajun cuisine, the brand’s media and merchandise inspires consumers to share in the joy of cooking. Martha Stewart branded products, known for their high quality, superior function and beautiful design, have enriched homes around the world,” said Sam Porat, Managing Director, Neuberger Berman.įounded by Emeril Lagasse, a James Beard Award winning chef, restauranteur, and media personality, the Emeril Lagasse brand has been celebrated by home cooks and professional chefs since he opened Emeril’s Restaurant in 1990. “Martha Stewart is a visionary whose educational mission and innovative approach has inspired millions of people to live more meaningfully. My team and I look forward to embarking on this next chapter,” said Martha Stewart. In this ever-evolving retail and media environment, I am confident that Marquee’s business values, sophisticated digital expertise and international relationships will drive continued growth and position the Martha Stewart brand well for the future. “I am thrilled to enter into this partnership with Marquee Brands, an organization that shares the entrepreneurial spirit and creativity on which I founded my business. Martha Stewart will join the Marquee Brands team and continue to guide the brand she founded. The cherished brand’s engaging content and thoughtfully designed products are built around Martha Stewart’s lifelong mission to inspire the art of creative living. The Martha Stewart brand is a diversified media and merchandising platform founded by Martha Stewart, an Emmy Award winning media personality, best-selling author, and revered lifestyle icon. Marquee Brands is owned by investor funds managed by Neuberger Berman. In addition to this new division, the company currently operates in Women’s Fashion, Men’s Fashion and Active/Outdoor. Through this acquisition, Marquee Brands will establish a leading Home and Food division with two preeminent brands, increasing the reach of its portfolio to over $2.3 billion in annual retail equivalent sales. Neuberger Berman, Alex Samuelson, 2, York, ApMarquee Brands LLC, a leading global brand owner and marketer, announced today that it has signed a definitive purchase agreement to acquire the Martha Stewart ® and Emeril Lagasse ® brands and all related intellectual property from Sequential Brands Group (Nasdaq: SQBG).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |