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Martha Stewart, 73, sets sail on a new course - maybe taking in China

on Jun 24, 2015 | 0 comments

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