Laura Ashley Holdings Plc
Apparel and textile industry company news
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Laura Ashley to permanently shut 70 stores
Laura Ashley will permanently close 70 stores resulting in 721 job losses as administrators move to take over the company.
Laura Ashley calls in administrators
Shares in Laura Ashley slumped by 60% today (17 March) after it confirmed plans to appoint administrators to take over the business.
Laura Ashley agrees loan deal as H1 sales slide
Shares in Laura Ashley were up over 16% this morning (20 February) after the UK clothing and home retailer revealed it has secured a loan agreement that will allow it to meet its immediate funding needs.
Laura Ashley swings to FY loss
UK fashion and homewares retailer Laura Ashley says it continues to invest in its website after blaming a re-platforming exercise as one of the reasons behind a year-on-year drop in profit.
Laura Ashley girls' dresses recalled on choking hazard
The American licensee for Laura Ashley brand girls' dresses has recalled a floral dress with flower petals that can detach, posing a potential choking hazard to children.
Laura Ashley lowers outlook on H1 declines
UK fashion and homewares retailer Laura Ashley has lowered its full-year outlook as it revealed a drop in earnings and sales in its first-half.
Laura Ashley confident as sales and earnings grow
UK fashion and homewares retailer Laura Ashley has offered a confident outlook as it posted growth in earnings and sales in its latest trading period.
Laura Ashley looks to overseas growth as FY falters
Laura Ashley said plans for international growth are central to its strategy after the UK fashion and homewares retailer revealed lower sales and earnings in its last fiscal year.
Laura Ashley posts mixed H1 as fashion sales fall
UK fashion and homewares retailer Laura Ashley recorded a mixed performance during the first half, as total profit grew, but fashion sales fell.
Laura Ashley FY profit grows despite fashion drop
Strong online growth helped fashion, furniture and furnishings retailer Laura Ashley to book a double-digit increase in annual profit, despite a drop in UK fashion sales.
UK: Laura Ashley books double-digit H1 profit growth
Fashion, furniture and furnishings retailer Laura Ashley remains confident in its outlook after booking a double-digit increase in first-half profit, despite a drop in UK fashion sales.
UK: Laura Ashley will benefit from recovery in fashion
Laura Ashley should continue to benefit from a recovery in fashion, an analyst has said, as the fashion and furnishings retailer revealed first-quarter sales that were in line with City expectations.
UK: Laura Ashley "encouraged" by full-year performance
Fashion, furniture and furnishings retailer Laura Ashley says it is "encouraged" by like-for-like sales growth in the second half of the year, helping it to record a 6.8% increase in annual profit.
US: Holme joins Old Navy design team
US clothing giant Gap Inc has appointed Sarah Holme as VP of women's design at Old Navy.
UK: Laura Ashley sells stake in Moss Bros
UK retailer Laura Ashley has sold its stake in men's formalwear specialist Moss Bros.
UK: Laura Ashley sales declines continue
UK retailer Laura Ashley has revealed a further decline in sales as it prepares for its key Christmas trading period.
UK: Laura Ashley H1 profit down as fashion suffers
Retailer Laura Ashley suffered a fall in first-half adjusted pre-tax profit after overall retail and fashion sales declined in a “disappointing” season.
UK: Chilly weather cools Laura Ashley fashion sales
Retailer Laura Ashley Holdings Plc has seen sales slip in the first 18 weeks of its current financial year as cold weather hurt sales of spring and summer fashions.
US: David's Bridal taps Gap's Pamela Wallack as CEO
Wedding dress retailer David's Bridal Inc has appointed Pamela Wallack, the head of Gap's Global Creative Center in New York, as its new chief executive officer.
UK: Laura Ashley FY profit up on rising sales
UK retailer Laura Ashley saw full-year net income grow on the back of rising sales.
UK: Laura Ashley accused of squeezing suppliers
UK fashion and furnishings retailer Laura Ashley has been accused of "squeezing" its suppliers after asking them for a 10% discount on orders, including those that have already been placed.
UK: Laura Ashley to debut men's wear collection
Fashion and homewares retailer Laura Ashley is expanding into men's wear by launching its first collection of men's shirts next month.
UK: Laura Ashley sales momentum continues into H2
Fashion and homewares retailer Laura Ashley Holdings Plc today (14 December) said it has seen continuing sales momentum into the second half of its financial year.
UK: Laura Ashley to open first store in China?
Fashion and furnishings retailer Laura Ashley is reportedly in talks to open its first store in China as early as next year.
UK: Karen Millen appoints retail directors for Europe and UK
British clothing brand Karen Millen has appointed Becky Bateman as retail director for the UK and Ireland and Pilar LaCave as retail director for Europe.
UK: Laura Ashley H1 profit up 14% but fashion falls
Fashion and homewares retailer Laura Ashley Holdings Plc has shrugged off a "challenging" consumer environment to post a 13.7% jump in interim pre-tax profit - and says sales momentum has continued into the second half.
UK: Laura Ashley revenues boosted by online growth
Fashion and furnishings retailer Laura Ashley has managed to shrug off declining consumer confidence and unseasonably wet weather to report a rise in sales in the first 18 weeks of its current year.
UK: Laura Ashley records "resilient" full-year results
Laura Ashley has recorded a "resilient" set of full-year results, as it recorded a decline in net profit following a "challenging" autumn.
UK: Laura Ashley appoints Synergy Licensing as agent
Synergy Licensing has been named as one of Laura Ashley's licensing agencies, to help expand the brand into juvenile, toys, collectibles, publishing and consumable categories.
UK: Laura Ashley same-store sales continue to rise
Fashion and furnishings retailer Laura Ashley Holdings Plc today (16 December) posted a 1.4% rise in same-store sales so far in the second half of its financial year, as new fashion ranges continue to buoy demand.
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