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Michaels Completes Acquisition of Joann’s Intellectual Property and Fan-Favorite Labels

  • On June 5, 2025, Michaels finalized its purchase of Joann’s trademarks and proprietary brand lines, such as the Big Twist collection, while excluding any of Joann’s physical retail locations.
  • This acquisition follows Joann's Chapter 11 bankruptcy filing and closure of about 800 stores, prompting Michaels to expand its crafting offerings.
  • Michaels has added more than 600 new fabric, sewing, yarn, and quilting products and plans to increase selections in 280 more stores by year-end.
  • Michaels CEO David Boone said, "We're honored to welcome Joann customers" and noted fabric searches rose 77% and sewing searches 39% on Michaels.com.
  • The acquisition lets Michaels better serve customers, respond to rising demand, and build momentum as a leading North American destination for creativity.
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160 Articles

New York PostNew York Post
Lean Right

Craft giant Michaels buys Joann’s intellectual property, fan-favorite labels

Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels.

·New York, United States
Read Full Article
The OregonianThe Oregonian
Center

Michaels completes purchase of Joann’s private label brands, intellectual property

NEW YORK — Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels.

·Portland, United States
Read Full Article
North JerseyNorth Jersey
Lean Left

Is Joann reopening? Here's what's happening as Michaels buys Joann brands

Craft retailer Michaels has acquired the Joann brand, but what does that mean? And when did Joann close? Here's what to know.

·New Jersey, United States
Read Full Article
FortuneFortune
Center

Michaels is snapping up Joann Fabrics’ intellectual property and fan-favorite labels after the former cult-favorite retail darling’s bankruptcy disaster

Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels.

·New York, United States
Read Full Article
Good Morning AmericaGood Morning America
+2 Reposted by 2 other sources
Center

Michaels buys Joann brand, plans to expand crafting supply to meet demand

Michaels announced Thursday it had acquired the fabric and craft retailer Joann and its intellectual property.

·United States
Read Full Article
Syracuse NYSyracuse NY
Center

Popular craft retailer acquires Joann brands, adds over 600 new products

NEW YORK — Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels.

·Syracuse, United States
Read Full Article
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Chain Store Age broke the news in on Thursday, June 5, 2025.
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