American Crafts announced today that the company has purchased Pink Paislee, including its Heidi Swapp brand. The deal is effective immediately.
Pink Paislee, founded in January 2008 by Rebecca & Barry Cross, is based in Kansas City, Missouri. The company is known for its detailed feminine designs and licensing collaborations with high profile designers, most recently the Heidi Swapp signature line.
Rebecca Cross, who serves as Pink Paislee’s CEO and Creative Director, and husband Barry Cross, who is the company’s CFO, will be relocating from Missouri to run Pink Paislee’s operations out of American Crafts’ Orem, Utah headquarters. The move will put them in the same location with Heidi Swapp to continue their collaboration more closely on her line of products. As Heidi noted in the announcement on her blog, “we are excited about getting so much done once we live in the same city!” [Read more...]