Morris & Co. Licensing Agreement in the US

RNS Number : 0680I

Sanderson Design Group PLC

10 August 2021

 

For immediate release

10 August 2021

REACH

SANDERSON DESIGN GROUP PLC

("Sanderson Design Group", the "Company" or the "Group")

Morris & Co. Licensing Agreement in the US

Sanderson Design Group PLC (AIM: SDG), the luxury interior design and furnishings group, announces that it has signed a licensing agreement in the US for its Morris & Co. brand with Williams Sonoma, America's market leader in high quality kitchenware.

The agreement, which covers a broad range of tableware, cookware and kitchen accessories, marks the Group's first major licensing agreement in the US and further develops the Group's licensing strategy.

Williams Sonoma is part of Williams Sonoma Inc, an international, multi-channel retailer of high quality products for the home.

Morris & Co. will work with Williams Sonoma on developing the kitchenware range which is expected to be launched in autumn next year.

This collaboration with Williams Sonoma is the first to be introduced by a recently appointed partner in the US, Collab Society LLC, which is supporting the Group's strategic brand partnerships in the territory.

Lisa Montague, Chief Executive Officer of Sanderson Design Group, commented: "We're very excited to sign this Morris & Co. licensing agreement with Williams Sonoma, the market leader in quality kitchenware in the US. This is the Group's first major licensing agreement in the US and we look forward to working with Williams Sonoma to ensure the product range's success."

For further information:

Sanderson Design Group PLC	c/o Buchanan [phone]
Lisa Montague, Chief Executive Officer
Michael Williamson, Chief Financial Officer
Caroline Geary, Company Secretary
Investec Bank plc (Nominated Adviser and Broker)	[phone]
David Anderson / Alex Wright / Ben Farrow
Buchanan	[phone]
Mark Court / Sophie Wills / Toto Berger

[e-mail]

Notes for editors:

About Sanderson Design Group

Sanderson Design Group PLC is a luxury interior furnishings company that designs, manufactures and markets wallpapers, fabrics and paints. In addition, the Company derives licensing income from the use of its designs on a wide range of products such as bed and bath collections, rugs, blinds and tableware.

Sanderson Design Group's brands include Zoffany, Sanderson, Morris & Co., Harlequin, Scion, Anthology and Clarke & Clarke.

The Company has a strong UK manufacturing base comprising Anstey wallpaper factory in Loughborough and Standfast & Barracks a fabric printing factory, in Lancaster. Both sites manufacture for the Company and for other wallpaper and fabric brands.

Sanderson Design Group employs approximately 600 people and its products are sold worldwide. It has showrooms in London, New York, Chicago, Paris, Amsterdam and Dubai.

Sanderson Design Group trades on the AIM market of the London Stock Exchange under the ticker symbol SDG.

For further information please visit: www.sandersondesigngroup.com

 

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