Michaels to Close Darice By the End of November
Michaels will be closing Darice, its wholesale division, by November 30, 2020. Michaels acquired Darice as part of the Lamrite West acquisition in 2016 along with Pat Catan stores.
Michaels will be closing Darice, its wholesale division, by November 30, 2020. Michaels acquired Darice as part of the Lamrite West acquisition in 2016 along with Pat Catan stores.
Tacony Corporation announced today that it has sold Nancy’s Notions to Missouri Star Quilt Company.
Rowan and Patons yarn brands have been sold to legacy embroidery floss company DMC allowing the company to expand its presence in Europe.
CSS Industries, the company that owns the Big 4 sewing pattern brands (Simplicity, McCall’s, Vogue, and Butterick) has announced that it is being acquired by Design Group.
A.C. Moore’s parent company, Nicole Crafts, is getting out of the retail crafts business. Some stores will reopen as Michaels in 2020.
Jimmy Beans, a market-leading retailer of yarn and accessories for knitters and makers, announced today that they have reached a deal to acquire Madelinetosh, the largest hand-dyed yarn producer in the USA.