All Laura Ashley articles
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AnalysisBack from the brink – what’s next for retail’s Covid casualties?
The past few months have had a devastating impact on UK retail and swathes of chains have collapsed, but there is light at the end of the tunnel for some of these businesses. Retail Week takes a look at what the future holds for retail’s Covid casualties.
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News
Laura Ashley brand rescued by Gordon Brothers
Restructuring and investment firm Gordon Brothers has bought the Laura Ashley brand and its intellectual property from administrators PwC.
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Opinion
Coronavirus: Cash, agility and customer focus will mark retail’s winners
The likely collapse into administration of Laura Ashley is not solely the result of coronavirus. The pandemic was sadly the last nail in the coffin of a retailer that has struggled to appeal to shoppers for some time.
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News
Laura Ashley blames coronavirus outbreak as it slumps into administration
Laura Ashley’s owners have filed an intention to appoint administrators and have suspended trading, blaming the coronavirus pandemic for a “significant” impact on trading.
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Analysis
As Laura Ashley fights for survival, how do you revive a heritage brand?
Laura Ashley may have suffered torrid trading over the past few years, but it started 2020 by taking action to stop the rot. With a £20m loan secured and a new boss in post, can the heritage retailer do enough to survive?
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Opinion
Move of the Week: Poulter will need all her nous to revive Laura Ashley
It says much about the scale of the crisis facing Laura Ashley that, less than two months after joining the business, Katharine Poulter’s accession to the role of chief executive has been fast-tracked.
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News
Laura Ashley losses deepen as chief executive change bought forward
Laura Ashley has reported deepening losses and falling sales in its interim results, which has resulted in Katharine Poulter being promoted to chief executive with immediate effect.
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News
Laura Ashley to ‘consider options’ in scramble to secure funds
Laura Ashley has admitted it will “consider all appropriate options” if it cannot strike a deal to borrow additional cash from its lenders.
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News
Laura Ashley chief executive set to step down
Laura Ashley’s chief executive and executive director Kwan Cheong Ng will retire in April.
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News
Laura Ashley finance chief steps down after two decades
Laura Ashley’s long-serving chief financial officer Sean Anglim will step down from his role at the end of the year after more than 20 years with the clothing retailer.
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News
Laura Ashley to open ‘very different’ flagship at Westfield London
Laura Ashley told Retail Week it will open a flagship store with a “fresh look” in November, following its preliminary results today.
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News
Laura Ashley slips into the red after homeware arm underperforms
Laura Ashley has reported a full-year pre-tax loss and seen like-for-like and total sales fall, which the retailer’s chair put down to the underperformance of its homeware arm.
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Opinion
Are Laura Ashley and French Connection due a revival?
Urban Outfitters’ collaborations with Laura Ashley and French Connection have filled the fashion pages of the broadsheets and glossy mags alike.
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News
Laura Ashley issues second profit warning this year
Laura Ashley has issued its second profit warning this year after cautioning full-year profits would come in “significantly below market expectations.”
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News
Laura Ashley 'preliminary stages' bid confirmed
American investment business Flacks Group has confirmed that it is in the “very preliminary stages” of a takeover bid for Laura Ashley.
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News
Laura Ashley warns on profits amid ‘market turbulence’
Laura Ashley has warned full-year profits will “fall short of market expectations” following “difficult” trading conditions in the first half of its financial year.
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News
Laura Ashley profits dwindle despite fashion sales rise
Laura Ashley chairman Khoo Kay Peng was “disappointed” as rising fashion and online sales failed to offset a slump in the retailer’s preliminary profits.
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News
Laura Ashley warns on profits after ‘challenging’ first half
Laura Ashley has cautioned that full-year profit will fall “below market expectations” following a slump in first-half earnings.
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News
Laura Ashley quits Japanese bricks-and-mortar venture
Laura Ashley will no longer have a bricks-and-mortar presence in Japan, following its decision to terminate a major licence agreement.
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News
Walmart and Google get vocal about Amazon competition
Walmart and Google unveiled a new partnership today that will take the fight to Amazon on both retail and voice search fronts.
