Sanderson Design Group plc announced the renewal and expansion of its licensing agreement with Blinds 2go. The agreement covers a number of the Company's brands and has been expanded into an umbrella agreement focused on driving international sales. Geographic territories in the agreement are dependent on individual brands and include the UK, Europe, Scandinavia, Japan, Australasia and the USA, a key target market for the Group.

Accelerated licensing income of £1.1 million will be recognised by the Group in the current financial year in respect of the agreement, reflecting agreed minimum guaranteed revenues. Products covered in the agreement include roller blinds, Roman blinds and curtains and the three-year agreement is backdated to start on 1 November 2023.