Tag : Laura Ashley
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.
Pre-tax profit at Laura Ashley dropped 44% to £4.3m for the 26 weeks to 31 December 2017, as the weakness of sterling put heavy pressure on its margins.
Can Laura Ashley turn its fortunes around?Subscription
It is safe to say that Laura Ashley has not had a good year in fashion.
Laura Ashley has rejigged its fashion operations and is reviewing supplier arrangements after profit plunged in the year to 30 June.