Thursday, May 9, 2013

F+W to Acquire ‘The Sewing Studio', LoveSewing.com

F+W Media, Inc. announced the Company has signed a definitive agreement to acquire a sewing vertical with retail locations in New York City and Toronto and a thriving online education portal. The Sewing Studio and www.LoveSewing.com will join the F+W portfolio effective May 1st further solidifying the Company’s role as the leader in craft and sewing media and education. Terms of the deal will not be disclosed.
David Nussbaum, Chairman & CEO, spoke about the acquisition, “In our continued mission to serve our communities, we pay particular attention to how our enthusiasts get their information, get inspired, and learn..."