Tag : Laura Ashley
Laura Ashley's finance director steps downSubscription
Laura Ashley’s finance director and joint chief operating officer, Sean Anglim, has stepped down after more than two decades at the business.
Laura Ashley eyes younger marketSubscription
Laura Ashley will extend its fashion offering to a younger demographic “by way of collaboration, capsule collections or launching a new sub-brand”, chairman Andrew Khoo has told Drapers.
Laura Ashley profits collapseSubscription
Poor online performance and underperforming homeware have been blamed for crumbling profits at heritage lifestyle retailer Laura Ashley, which announced a statutory loss before tax of £14.3m for the 52 weeks to 30 June 2019, down from a profit of £100,000 in 2018.
Urban Outfitters has collaborated with classic lifestyle brand Laura Ashley on a womenswear collection that revives some of the label’s classic prints.
Laura Ashley warns on profitsSubscription
Laura Ashley has warned that a “very demanding” third quarter will lead to full-year results “significantly below market expectation”.
Flacks Group makes bid for Laura AshleySubscription
Florida-based investment firm Flacks Group made a bid of £20m for Laura Ashley yesterday, and has until 25 March to strike a deal.
Laura Ashley denies takeover bid Subscription
Laura Ashley has confirmed that a bid has not been received for the company, as speculation mounts over potential takeover offers.
Laura Ashley axes 40 UK storesSubscription
Lifestyle retailer Laura Ashley is set to close almost a quarter of its UK stores, as the business’ new chairman ramps up Chinese expansion plans.
Laura Ashley profits dive in ‘challenging year’Subscription
Laura Ashley’s profit before tax and exceptional items fell 33% for the year to 30 June to £5.6m, amid “challenging” trading conditions.
Seán Anglim, CFO and joint chief operating officer at Laura Ashley, has said he is “optimistic” the retailer’s fashion margin will improve after “taking a hit” in its first financial half.