Beggars Buys Rough Trade

The Beggars Group has bought indie label Rough Trade from Sanctuary. Sanctuary is in the process of being bought by Universal. 

"It has been a long and fitful journey from the time we were selling Lurkers singles in the Rough Trade shop on Kensington Park Road to this brand new partnership," said Geoff Travis, founder of Rough Trade. "It has been a road littered with bumps and crashes but nevertheless we have had many world-class artists gracing our label."

The Strokes UK releases are among Rough Trades current top sellers. The label will continue to operate as a stand alone entity with Beggars taking over many back office functions. (more)

ro