The Michaels Companies announced on Thursday that it had completed its purchase of Joann's intellectual property and private label brands — in an acquisition that arrives as the Texas-based arts ...

Michaels buys Joann brand, plans to expand crafting supply to meet demand The arts and crafts retailer is expanding its fabric, sewing supplies and more.

While Joann stores will still be shuttered, the Michaels deal means that some of Joann's exclusive brands - like Big Twist yarn, a fan favorite among crocheters - will be making a return in ...

Michaels has purchased the IP and private label brands of Joann and will add more than 600 fabric, sewing and yarn products to its assortment.

Joann fabric and craft stores will live on — sort of. Michaels announced Thursday it has acquired the intellectual property and private label brands of Joann and plans to expand its fabric ...

Michaels on Thursday said that its purchase of Joann’s IP and private brands included the acquisition of “Big Twist” yarns, which had become a staple in Joann stores over the years.