Business
Major Licensing Agreement with Habitat and Tu
Major Licensing Agreement with Habitat and Tu.
About this update from Sanderson Design Group Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n For immediate release\n \n \n \n \n \n \n 30 March 2023\n \n \n \n \n \n \n \n \n \n \n \n SANDERSON DESIGN GROUP PLC\n \n \n \n (\"Sanderson Design Group\", the \"Company\" or the \"Group\")\n \n \n \n \n \n \n \n \n Major Licensing Agreement with Habitat and Tu\n \n \n \n \n \n \n \n \n \n Sanderson Design Group PLC\n \n (AIM: SDG), the luxury interior design and furnishings group, is pleased to announce a major licensing agreement with J Sainsbury plc in which the supermarket group's Habitat homewares brand and Tu clothing brand will develop a wide range of licensed products in collaboration with the Group's Morris & Co. and Scion brands.\n \n \n This agreement marks the first time that the Company has collaborated with Sainsbury's. \n \n \n Habitat will launch homeware products featuring exclusive designs and colourways from the Morris & Co. and Scion brands. The Scion products under this collaboration will launch in spring next year and the Morris & Co. products the following autumn.\n \n \n Tu is one of the UK's largest online clothing retailers, sold through tu.co.uk, argos.co.uk and in selected Sainsbury's stores. Tu will collaborate with the Scion brand to develop womenswear and children's clothing ranges for launch in the spring of next year.\n \n \n \n \n \n \n Lisa Montague, Sanderson Design Group's Chief Executive Officer, said:\n \n \"We are delighted to sign this significant licensing agreement with the major retailer Sainsbury in which our Morris & Co. and Scion brands will collaborate with Sainsbury's Habitat and Tu brands on an exciting range of homewares and clothing. Both Habitat and Tu have substantial distribution throughout the UK, both in store and online, with Tu being one of the UK's largest online clothing retailers.The first products from this multi-year agreement will be launched in the spring of next year and we look forward to working closely with Habitat and Tu on the product development.\n \n \n \"Today's announcement marks the second major licensing agreement that we have signed this year, demonstrating the strength of our brands and collaborative capabilities along with the attractive financial contribution that licensing delivers for the Group.\"\n \n \n \n \n \n \n \n \n Paula Nickolds, General Merchandise...