Orchard Brands Announces the Acquisition of Linen Source.

BEVERLY, Mass.--(BUSINESS WIRE)--

Orchard Brands announced today the acquisition of Linen Source, a provider of premium linens and home décor items. Orchard Brands is a collection of companies focused on serving the needs of the underserved 60+ market. Linen Source joins Appleseed’s, Bedford Fair, Blair, Coward Shoes, Draper's & Damon's, Gold Violin, Haband, Intimate Appeal, Monterey Bay, Norm Thompson, Old Pueblo Traders, Sahalie, Solutions, Tog Shop, Willow Ridge, and WinterSilks as part of the $1 billion-plus family of direct marketers.

Linen Source, founded in 1943, is a leading brand in the home market, offering a wide variety of household linens and home décor items. The acquisition is consistent with Orchard Brands’ ongoing strategy to combine strong brands focused on the 60+ demographic and to expand and leverage the group’s shared customer database.

“We are delighted with the addition of the Linen Source business to our growing family of companies,” said Neale Attenborough, Chairman, President & CEO of Orchard Brands. “Broadening the scope of the products we offer beyond our current emphasis on apparel increases product selection for our valued customers and represents an exciting growth opportunity for Orchard Brands.”

Financial terms of the transactions were not disclosed.

ABOUT LINEN SOURCE:

Linen Source is a trusted destination for quality, fashionable bedding and lifestyle solutions, providing customers with a diverse selection of design ideas and inspiration. With a friendly, welcoming approach Linen Source builds enduring relationships with its customers by ensuring an exceptional shopping experience.

For more information about Linen Source, please visit:

www.linensource.com

ABOUT ORCHARD BRANDS:

A portfolio company of Golden Gate Capital, Orchard Brands is a leading, multi-channel marketer of apparel and home products focused on serving the needs of the rapidly growing market segment of women and men above the age of sixty. With 17 brands and more than $1 billion of revenues, Orchard Brands provides quality products to consumers through the direct channels of catalog, Internet and retail, with a relentless focus on delivering superior service.

For more information about Orchard Brands please visit:

www.orchardbrands.com

www.appleseeds.com, www.bedfordfair.com, www.blair.com, www.coward.com, www.drapers.com, www.goldviolin.com, www.haband.com, www.intimateappeal.com, www.montereybay.com, www.normthompson.com, www.oldpueblotraders.com, www.sahalie.com, www.solutions.com, www.togshop.com, www.willowridge.com, www.wintersilks.com