CHARLOTTE, N.C., May 21 /PRNewswire/ -- Carolina Pad (www.carolinapad.com), the industry leader in fashion school and office products, announced today that it will acquire select assets of Libretto Holdings, LLC based in New York.
Thomas Cushing, President & CEO of Libretto Holdings, will join the Carolina Pad executive team as Vice President - Libretto Group.
Libretto's retail focus adds high-end specialty markets and department stores to Carolina Pad's current retail channels. In addition, this acquisition allows Carolina Pad to immediately increase its international distribution in Europe. "We are excited about the opportunities to expand our consumer base and increase our international retail reach," said
Clay Presley, President of Carolina Pad. "Thomas is a welcome addition to our management team and will be a tremendous asset as we continue to expand Carolina Pad's business in new markets."
This acquisition also increases Carolina Pad's brand portfolio with the addition of several internationally recognized names, including Designers Guild,
Orla Kiely, Fabrica and
Christian Lacroix. Libretto develops fashion stationery and accessories on behalf of these brands.
About Carolina Pad
Carolina Pad(TM) is a leading supplier of fashion school and office products. Headquartered in Charlotte, North Carolina, with offices in Hong Kong and Shanghai, Carolina Pad is one of the fastest growing stationery companies in the world. Its school, office, and arts and crafts products can be found at mass merchant, office supply, grocery, and drug stores. The Carolina Pad(TM) portfolio of brands include Studio C(TM), Note2Self(TM), Ghostline(R), Notebound(R), Sasquatch(TM), and u:create(TM). Learn more about Carolina Pad at www.carolinapad.com.