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Reno, Nevada -- October 30, 2019 - Jimmy Beans, a market leading retailer of yarn and accessories for knitters and makers, announced today that they have reached a deal to acquire Madelinetosh, the largest hand-dyed yarn producer in the USA. Currently, Madelinetosh yarn is sold in countless independently owned yarn and craft stores around the world.
This is their largest acquisition, and with Madelinetosh, Jimmy Beans will be adding a major yarn brand to their roster of notable companies, having recently purchased two popular bag and accessories companies, Namaste in 2018 and della Q in 2019.
Says Laura Zander, co-founder of Jimmy Beans, "Yarn is such an important part of Jimmy Beans' DNA and with the addition of Madelinetosh, it feels like a match made in yarn heaven. We've been carrying Madelinetosh yarn for years, and to see what Amy and John have created is remarkable. Their eye for color and ability to take dyeing from their kitchen to becoming the largest hand-dyer in the country is just incredible. We hope that we can continue their legacy, while adding our customer service and marketing touch to the brand!"
For now, Madelinetosh headquarters and team will remain in Fort Worth, TX with additional operational and sales support coming from Jimmy Beans headquarters in Reno, NV. Madelinetosh will continue to hand-dye luxury yarns in a variety of fibers and weights, available in over 100 colorways, ranging from their signature speckles & tonals to variegated & stunning brights. Jimmy Beans will continue to sell Madelinetosh yarn along with their extensive lineup of yarns through their website, retail store and at consumer trade shows throughout the country.
Jimmy Beans will be selling the latest Madelinetosh yarns, patterns and kits at STITCHES SoCal, November 14-17, 2019, and VK Live NY, January 17-19, 2020. Madelinetosh will continue to be sold at select yarn and retail craft stores all over the world and at www.JimmyBeansWool.com and www.Madelinetosh.com.
About Jimmy Beans Wool: At the downturn of the dotcom boom, former Silicon Valley engineers Laura and Doug Zander moved to the mountains and opened up a tiny yarn shop in Truckee, California. Jimmy, as Laura is lovingly known, sold coffee alongside the wool (hence the Beans in the name) and Jimmy Beans Wool was born. In 2004, the company settled down in Reno, Nevada where they currently reside today. They occupy an expansive 20,000 sq. ft. warehouse, are considered one of the country's leading destination yarn shops, employ 35 team members, and have built a loyal following and impressive online presence. Along with yarn, Jimmy Beans also provides consumers the most innovative crafting products and accessories, recently acquiring Namaste and della Q, two beloved companies amongst knitters, crocheters, and makers. Both companies sell popular designer handbags, project totes, organizers, accessories, and more. Jimmy Beans will continue to develop products under their patent pending Jimmy's SmartStix, plus hooks, needles, and notions.