Tag : Laura Ashley
Drapers analyses why UK retailers are choosing to wind down their Irish arms, and the impact it is having on the country’s retail scene.
Gordon Brothers buys Laura Ashley brandSubscription
Global advisory, restructuring and investment firm Gordon Brothers has rescued Laura Ashley from administration.
Head office redundancies at Laura AshleySubscription
Laura Ashley has made 268 employees redundant across its head office and back-office functions.
Laura Ashley files for administrationSubscription
Laura Ashley has filed a notice to appoint advisory firm PwC as administrators after failing to secure an emergency funding lifeline amid coronavirus trading concerns.
Laura Ashley seeks £15m lifelineSubscription
Lifestyle retailer Laura Ashley is looking to lenders for an emergency £15m lifeline to keep the business afloat and save 2,700 jobs.
Drapers Investigates: Getting women on boardSubscription
While opportunities for women are improving across fashion retail, Drapers’ research reveals there is still much to be done to create parity with male counterparts at board level.
Laura Ashley to return to its roots, says CEOSubscription
British heritage brand Laura Ashley will return to its archives in a bid to reverse its poor performance, new CEO Katherine Poulter told Drapers.
Laura Ashley falls further into the red Subscription
Losses before tax at Laura Ashley widened by 166% to £4m in the 26 weeks to 31 December 2019, as a result of lower home furnishings sales and Brexit uncertainty.
Laura Ashley funding hunt concludesSubscription
Laura Ashley has announced it “should be able” to meet its immediate funding requirements with funds from its working capital facility with Wells Fargo.
Laura Ashley 'misunderstood' by ownersSubscription
Laura Ashley has “suffered” under owners who misunderstood how to use its heritage to take it forward, industry experts have told Drapers.
The owner of struggling Laura Ashley is in talks with one of its lenders to secure fresh working capital so the retailer can continue to trade.
Laura Ashley CEO to retireSubscription
Laura Ashley has announced its CEO and executive director Kwan Cheong Ng will retire on 30 April.
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.