NBG Home (“NBG” or the “Company”), the largest provider of affordable home décor products, announced in late July the appointment of Hope Margala as Chief Executive Officer. Margala succeeds Scott Slater who continues to serve in an advisory role as a member of the NBG Home Board of Directors. Hope has over 30 years of experience in merchandising, marketing, and executive leadership. She proved her skills with brands like Yankee Candle, Express, and Bath and Body Works.
Hope believes in strong teams, strong cultures, true customer intimacy, and clear, effective processes that drive results. She is also a passionate consumer of the industry.
“I am honored to join NBG Home, a company I have long admired for its quality and affordable products,” Margala said. “I look forward to working with the talented team to continue to bring innovation and superior category management to help our retail partners delight their customers. At NBG Home we will be focused on increasing the company’s market share and driving long-term growth.”
Hope is the most recent change to the leadership team at NBG Home. In addition to Hope, the company has welcomed Kevin Wiederhold as the Chief Human Resources Officer and Dave Bushland who joined as Chief Financial Officer. NBG Home is excited for the opportunities these strategic investments in leaderships will bring.
About NBG Home
Headquartered in Austin, Texas, NBG Home is the largest provider of affordable home décor products, including lighting, accent furniture, soft goods, wall décor, frames and other categories marketed under brands such as Pinnacle, Jimco, Patton, Plantation Patterns, THRO and its most recent acquisition Quoizel. Through its leading research, innovation and product development capabilities, NBG Home offers trend-right products at affordable price points, and serves a wide variety of retail partners, including mass merchants, specialty stores, discount stores, home centers, warehouse clubs, and internet retailers.
About Sycamore Partners
Sycamore Partners is a private equity firm based in New York. The firm specializes in consumer, distribution and retail-related investments and partners with management teams to improve the operating profitability and strategic value of their business. With approximately $10 billion in aggregate committed capital raised since its inception in 2011, Sycamore Partners’ investors include leading endowments, financial institutions, family offices, pension plans and sovereign wealth funds. For more information on Sycamore Partners, visit www.sycamorepartners.com.