Laura Ashley shuts 70 stores
23rd Mar 2020 10:26
(Sharecast News) - Laura Ashley will close 70 of its UK stores on Monday, putting more than 700 jobs at risk, as administrators start trying to find a buyer for the retailer.
Read moreLaura Ashley seeks ?15m lifeline despite sales jump
16th Mar 2020 13:43
(Sharecast News) - Home furnishing retailer Laura Ashley said crucial funding discussions were still ongoing, as it posted a 28% jump in sales but warned of a possible hit going forward from the coronavirus outbreak.
Read moreLaura Ashley swings to loss as home furnishings division struggles
22nd Aug 2019 09:22
(Sharecast News) - Laura Ashley said on Thursday that it swung to a full-year loss as sales fell amid weakness in the home furnishings business.
Read moreLaura Ashley warns on profits again after 'very demanding' Q3
25th Apr 2019 11:14
(Sharecast News) - Laura Ashley shares slid on Thursday after the retailer warned that full-year results would be "significantly" below market expectations.
Read moreLaura Ashley urges shareholders to reject 'opportunistic' takeover bid
27th Feb 2019 08:35
(Sharecast News) - Laura Ashley has urged shareholders to take no action regarding the takeover bid from Flacks Group earlier in the week, stating that the offer "substantially" undervalued the group.
Read moreSales fall at Laura Ashley as it clears long-term debt
20th Feb 2019 11:03
(Sharecast News) - Laura Ashley Holdings issued its interim results for the 26 weeks ended 31 December on Wednesday, reporting a fall in total group sales to £122.9m from £134.7m year-on-year.
Read moreLaura Ashley FY profit slumps but online and fashion sales rise
22nd Aug 2018 09:11
(Sharecast News) - Laura Ashley posted a drop in full-year profit on Wednesday as revenue fell amid challenging conditions, although the online and fashion segments were a bright spot.
Read moreLaura Ashley issues profit warning as interim profit drops
16th Feb 2017 08:03
(ShareCast News) - Laura Ashley reported a drop in pre-tax profit for the 26 weeks to the end of December, as it warned that profit for the year will fall below market expectations due to continued market challenges. Pre-tax profit declined to £7.8m from £11m the year before, with total group sales
Read moreLaura Ashley to cease concessions in Homebase stores
21st Oct 2016 10:40
(ShareCast News) - Laura Ashley Holdings says it is ceasing to trade in its concessions in Homebase stores following that company's acquisition by Wesfarmers. Closure of the concessions would occur in second-quarter 2017. The company did not anticipate a material impact, and expected the majority o
Read moreLaura Ashley sales up, boosted by furniture and home accessories
17th Aug 2016 09:18
(ShareCast News) - Laura Ashley reported a rise in full-year profit as sales advanced, with furniture and home accessories driving the growth. For the 74 weeks to the end of June, pre-tax profit including exceptional items was up a touch at £23.9m from £23.5m, while sales came in at £400.9m from £30
Read moreLaura Ashley Holdings interim profit dips as revenue falls
9th Sep 2015 09:13
(ShareCast News) - Home furnishing and fashion retailer Laura Ashley Holdings reported a slight dip in interim profit, as revenue was hit by sluggish international sales. In the 26 weeks to 1 August the group posted a 1.1% year-on-year decline in pre-tax profit to £8.4m, while revenue declined 3% to
Read moreLaura Ashley full-year revenues rise despite challenging retail market
10th Apr 2015 15:02
Textile design company Laura Ashley saw its full-year revenues and profits go up despite facing a competitive retail sector. Revenues were up 3% to 303.6m at the company founded by the Welsh fashion designer while profits before tax increased 14.6% to £23.5m, driving earnings per share up from 2.15
Read moreLaura Ashley improves LFL sales
12th Jun 2014 08:10
- LFL sales rise as total year-on-year sales slip - Fashion and Home furnishings recorded LFL growth - Franchise business continues to grow Fashion and furnishings retailer Laura Ashley said total retail sales fell by 0.9% year-on-year while like-for-like (LFL) sales increased by 0.7% in the fir
Read moreLaura Ashley's fashion business picks up as FY profits rise
27th Mar 2014 07:44
Upmarket fashion and homeware retailer Laura Ashley said its troubled clothing business had improved as it reported higher annual profits. Laura Ashley said like-for-like sales in its fashion arm, which fell 6.7% in the first half of the year to January 25th, dropped by a better 3.8% in the second
Read moreLaura Ashley sells 8m pounds stake in Moss Bros
15th Jan 2014 10:25
Struggling fashion and household goods retailer Laura Ashley has offloaded its 8 million pound stake in menswear chain Moss Bros to shore up its finances. Laura Ashley, which blamed the wrong kind of weather for lower first-half profits in September, said its Bagleys Investments arm sold 9,499,937
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