Gordon Brothers, which has been evolving its business model to increase investments in brands, has promoted Carolyn D’Angelo to senior managing director, brand operations.
D’Angelo continues to serve as president of Laura Ashley and oversee Nicole Miller. She joined Gordon Brothers in May 2021 after serving as president of the home division of Marquee Brands. She has 30 years of experience in marketing, licensing, branding and merchandising in the home and fashion industries.
“Under Carolyn’s exceptional leadership, we have teams of dedicated individuals managing our brands that are backed by Gordon Brothers’ comprehensive suite of services,” Tobias Nanda, head of brands at Gordon Brothers, said in a statement. “Laura Ashley and Nicole Miller have achieved milestone growth in the U.S. and internationally, and the brands have not only reconnected with their base, but they’ve also reached new consumers.”
“Our firm has the…ability to acquire, value, lend to and invest in brands to accelerate their transformation and support continued growth,” said D’Angelo in her statement. “We can streamline operations and create teams with dedicated resources to restructure and reimagine some of the world’s most iconic brands by optimizing the product offering, strengthening and expanding franchisees, and investing in marketing to grow e-commerce channels.”
D’Angelo is based in New York, whereas Gordon Brothers is based in Boston, and has 30 offices on five continents. Over the course of her career, D’Angelo has implemented innovative strategies for national consumer brands.
Gordon Brothers has been investing in, repositioning, growing and supporting brands since 2003. The strategy puts a priority on licensees and franchisees to bolster e-commerce and develop wholesale and retail relationships. In addition to purchasing Laura Ashley and Nicole Miller, Gordon Brothers has provided Everlane Inc. with a $25 million term loan, and Moda Operandi with a $13 million term loan.
Gordon Brothers is also involved in valuations, dispositions, financing and investment in various sectors. The firm conducts more than $100 billion worth of dispositions and appraisals annually and provides both short- and long-term capital to clients undergoing transformation.