Fashion to homeware retailer Laura Ashley boosted its first half profit with across-the-board sales increases, including the company’s fashion segment.
Total UK retail sales were up 5.5% to GBP121.6m (US$187.9m), with like-for-like sales increasing 6.2%.
Fashion sales were up 4.2%, with like-for-like sales rising 1.6%.
Company chairman Tan Sri Dr K P Khoo said: “In a difficult economic climate, Laura Ashley has continued to demonstrate the strength of its brand and has recorded positive like-for-like sales growth across all product categories.
“Our e-commerce and international channels have continued to grow and become increasingly important to our multi-channel strategy.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData