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Michaels Acquires JOANN Intellectual Property and Private Label Brands

Michaels has finalized its acquisition of JOANN®’s intellectual property and private label brands, highlighting a move set to transform the crafts and creative retail landscape.

Michaels Acquires JOANN Intellectual Property and Private Label Brands
NewsRetail

Michaels Acquires JOANN Intellectual Property and Private Label Brands

Michaels has finalized its acquisition of JOANN®’s intellectual property and private label brands, highlighting a move set to transform the crafts and creative retail landscape. This strategic purchase brings together two of the most recognized names in the industry, expanding Michaels’ reach in fabric, sewing, and yarn offerings and providing new opportunities for makers and hobbyists nationwide.

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