Michaels on Thursday said that its purchase of Joann's IP and private brands included the acquisition of "Big Twist" yarns, which had become a staple in Joann stores over the years.

Michaels on Thursday said that its purchase of Joann’s IP and private brands included the acquisition of “Big Twist” yarns, which had become a staple in Joann stores over the years.

Michaels on Thursday said that its purchase of Joann's IP and private brands included the acquisition of “Big Twist” yarns, which had become a staple in Joann stores over the years.

Michaels on Thursday said that its purchase of Joann’s IP and private brands included the acquisition of “Big Twist” yarns, which had become a staple in Joann stores over the years.

The Brief. Michaels has acquired Joann's intellectual property and private label brands, including the popular "Big Twist" yarn line. Michaels plans to launch over 600 new fabric and sewing ...

Michaels has acquired Joann’s brands, including Big Twist yarn, after Joann's bankruptcy. Here’s what we know.