By Noel Young
At its peak, Martha Stewart’s US home-making empire, was worth well over $1 billion.
This week the company agreed to sell itself to Sequential Brands, a conglomerate whose brands include Jessica Simpson and the Franklin Mint, for just $353 million.
So has Martha, 73, “fallen from her throne,” as one publication put it? Don’t count on that. Martha now sees the company – with her still there – expanding abroad, possibly including China.
The company suffered a blow 11 years ago when Stewart was convicted of obstructing justice and lying about a Read full story ›
Source: The Drum