Walker Greenbank PLC Collaboration to launch Scion Online Shop (9432F)
20 November 2020 - 6:00PM
UK Regulatory
TIDMWGB
RNS Number : 9432F
Walker Greenbank PLC
20 November 2020
For immediate release 20 November 2020
WALKER GREENBANK PLC
("Walker Greenbank", the "Company" or the "Group")
Collaboration to launch Scion online shop
Walker Greenbank PLC (AIM: WGB), the luxury interior design and
furnishings group, announces an innovative collaboration to advance
the Company's digital strategy in which a leading internet retailer
of home furnishings will develop and operate an online shop for the
Company's Scion brand.
The online shop, dedicated solely to Scion, will sell the
brand's products direct to consumers under a franchise agreement
with Design Online Limited ("Design Online"), a company formed by
the leading internet retailer Jane Clayton and Company.
For more than 30 years, Walker Greenbank has worked closely with
Jane Clayton and Company, whose multi-brand website,
www.janeclayton.co.uk , sells all of the Company's brands.
The franchise agreement with Design Online will have an initial
term of five years and require little capital investment by the
Company. Design Online will use its extensive e-commerce experience
in the development of the Scion online shop, digital marketing and
fulfilment.
The online shop, to be called Scion Living, is expected to be
launched in Spring next year. It will initially serve customers in
the UK and Europe before potentially expanding internationally.
The shop's product range is expected to include all Scion
fabrics and wallcoverings along with bespoke furnishings and an
extensive range of licensed products.
Bertie Clayton, Managing Director of Jane Clayton and Company
and Design Online, said: "We look forward to bringing our
industry-specific expertise in e-commerce and digital marketing to
the Scion brand. The brand's mid-range price points, modern designs
and zesty colours are well suited for online retail via a dedicated
website where these qualities can be brought to the fore. We are
delighted Walker Greenbank has chosen to partner with us."
Lisa Montague, Walker Greenbank's Chief Executive Officer, said:
"We are excited by the potential of this innovative online route to
market for our youthful Scion brand. We are very pleased to be
working with the team at Jane Clayton and Company and believe that
the development of a brand-specific online shop will be a first in
our industry. The online shop will both advance the Company's
digital strategy and provide an additional route to market for the
Scion brand."
For further information:
Walker Greenbank PLC c/o Buchanan +44 (0) 20
7466 5000
Lisa Montague, Chief Executive Officer
Michael Williamson, Chief Financial
Officer
Caroline Geary, Company Secretary
Investec Bank plc (Nominated Adviser
and Broker) +44 (0) 20 7597 5970
David Anderson / Alex Wright
Henry Reast
Buchanan +44 (0) 20 7466 5000
Mark Court / Toto Berger / Charlotte
Slater
walkergreenbank@buchanan.uk.com .
Notes for editors:
About Walker Greenbank
Walker Greenbank 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.
Walker Greenbank's brands include Zoffany, Sanderson, Morris
& Co., Harlequin, Scion, Anthology, Clarke & Clarke and
Studio G.
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.
Walker Greenbank employs approximately 600 people and its
products are sold in more than 85 countries worldwide. It has
showrooms in London, New York, Chicago, Paris, Amsterdam and
Dubai.
Walker Greenbank trades on the AIM market of the London Stock
Exchange under the ticker symbol WGB.
For further information please visit:
www.walkergreenbank.com/
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
ALLKZMMMRLMGGZM
(END) Dow Jones Newswires
November 20, 2020 02:00 ET (07:00 GMT)
Sanderson Design (LSE:SDG)
Historical Stock Chart
From Apr 2024 to May 2024
Sanderson Design (LSE:SDG)
Historical Stock Chart
From May 2023 to May 2024