Marcus Fabrics, formerly known as Marcus Brothers, was founded in 1911 and was until now owned by Martin Marcus, the son of one of the founders. Martin Marcus is the youngest of 11 children. Timeless Treasures is also family-owned and has been in business for more than 50 years.
Stephanie Dell ‘Olio, President of Marcus Fabrics, said in a phone call earlier this month that the sale was not caused by financial distress at Marcus. Rather, it was simply time for the company to move into a new stage of ownership. According to Dell ‘Olio several buyers showed interest, but Timeless Treasures was the right match because the two companies complement each other’s offerings. “We have historic fabrics and we excel at block-of-the-month programs. We didn’t want to partner with a company with similar offerings because then the customer would be choosing between them,” she said.
Sari Brown Ohana, a partner at Timeless Treasures, said in an email today, “We plan to continue to offer the best historical reproduction designs and grow and develop the product line. There is a vast amount of experience that both teams bring to the table, so the potential for expansion and innovation is very exciting.”
Offices and staff will move from the Marcus headquarters on 6th Avenue to Timeless Treasures offices at 483 Broadway. No jobs will be eliminated. The Marcus brand will become a division of Timeless Treasures but will continue to be run independently.
Sarah J. Maxwell has been designing fabric for Marcus Fabrics since 2015. She expressed excitement about the merger. “Being able to continue working with the design team and management team I’ve built relationships with is a real positive,” Maxwell says. “At the same time, having access to new ideas and a broader circle of people is sure to generate more creative ideas and programs.”