Michaels completes acquisition of Joann’s intellectual property and fan-favorite labels

Please subscribe to IBJ to decode this article.

htJa eesi tami mae a:eebne-awcsk nlroel i iftswrrehr o.fc e yhsontob o galwClfcls ndmnharoreaaMl

isndlrralhb,noni rs .hbwslnndr epasossol eesops ahrnprae twxiie r sfncsn dtoaalco ddvctyiai—sroT bdti n atoatenCpu raahmvasxai aulneietst lk aiaeo heysp eoiwaeht .nnay-Meornhbae aeTenntshufcfd nta-scrucin tTgdiitq 'nsritnaag i a tdfntar pcecca Jg hdruafote

hte il o virtyre dreraopgtrelivehotr Jemnasan t hvsennsbi doslo gioet ed eyn hltrxastr le se ecanhiCtpkpodve tiine motooocrtmton noneue oBdsbn,,we aner teiretio” oaod taont.dlt cha ig h ap eoonnatcct soa aMgehep e osotrdundariehun“o semta eeecg emierds,n oiOuttimmT diwaa lnc t oEiaam lan Mt iordt uyc ,tnf oysduhminWtrd ave”esws i,nmel’cho.iD ienm“ealawndtce

ororess tuicd tFaiihfear rwnrad ncsienf oish s rnaein mtroaeu o ei.isoh atdMoiiareAlfdfoeca ynhstndsPtcce cei tFqmltreooouh.tsleT

t n22igJ".a=e/=d2]po=ss a.ibnh0-jfnm/"c-/[hti"-dit3= awd8e_ir""lt"gctat thn// -=roeie3=i8-otea4-3nn.>"0"

tr rfor miue shotnip.t iteot sky oiflnrga euce eioies s4ohdnrrdetayih gosnfba8tn s—,rai nrtr1gy tneenhkacuos ero,lolag ntrnrsn o ntsrhoh.eo onr mt urddt elncgortlo3tonu9 ssstnsnanitaelast0 ooiis heoaotee anBiht dinorc erligt nOafvneoo a eerscefaJ ,huoter atnt l aeititsspsnt a o eqigpfnca crphei tgwlidmetal mnenmndw ,i ii,e iwdrWoo g rte vin rgopo

mw ipaegts pitanpofae ekou-b,trs, ono ku.n bthe"red ensstce oe-ee i nhnbrud Aovllsrahoo f“.hl loissl. et/fesotawoJonlnnseymrotals< rineycrh-ercinpivtrisne wh>sobdtseslGsccwh n/liu ni scen -d”Grnebde y nsmd/n o’aos-rsco ta sitnrtsosuda tcg a:obsJttenoasttodrntnn r ehe nhpode-ej a-oitona-sgbioai-eop tl hu/t e=n sbiruaei anf"nwrsia noae /diantequtnn- eg, urristicuma ia a dl it ahe ma upffabrcs stl-lniitnpylestalw togit ajdnu-1njt

d s es0stu a ama esksnplulDidJepIi re Coane oms u sdkW11araroilsTo darr .n rla1 T3aP i6n thyaohtrtonein o. uCdeoti,kClac.n6to1nutsaKrwShl hEmrGr—ws t. a eemnB oAam nie g,ahnc 3cgo osn.tnow,Stvuvo tl4loldeslr sraniWkni.Re.e aE8 hMto0Snd8da Poqe eMb0o— s7no ,ancoeei

iiao stgonhrh safaoPr srsfa a hnn vieMicudndsalesw e d ia thom,itr'sphaJe etleeTTsttltuinsidytueynayt “ iawabsp teva B aeir sda sarsbpciIn d hnaun nc” c.qserdoceh o hnrc hoioJo

vepalsh n bfwlo smets m nB e aeeta ttliraMllsw i n.wd eaopl' niesnoenidtegvyldh ahr aitleeg ernspitcnoceiipo ModTralasecyuasIlo .—dgai m naodaneens,taoam heT o”tba eefi mesnntaicm pi seaorbaoter leidncs ow rdli haat l aodc,g“hh ll ebslo rienafs ioJe o- nre

ui,pi aneti ie cm in,tdn iaixtpsahoqmnner do0do wrn. cnl 0pga lti a nf s i xisd rlsfaelna—n hi g hsd i edcbannsdMsg dnrttehsgeaogpahrpe iaucandialrm ctesso utbao ifec dlndubAvTysrl reiytsrw6atoeoid,wp ttaosaaunrssnnfarshnmi ics es

t tiee1 acrm,arutuomdU 73.pencwsmse9n0asen no.lsacsserissaaeAp,pse,loan ay eSi n fo a,Cehrao1.it t3sf9n asd ea acnneghyntdrouou n0caI srtr a4cirdlrr ter.sardMttm f

w,d anNtAsbeih urtlmon sdnphdsrlr,rs slCi. na M rwruogosioAe r vecne incond aale anivbaetBops Iesi olfeeeeann,ierinnl,hnooaaa

bn& p;s