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Laura Ashley to shut half its shops as seeks buyer

2020-03-23 15:41:33| BBC News | Business | UK Edition

The furniture and fashion chain says the coronavirus "had an immediate and significant impact on trading".

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Laura Ashley to permanently shut 70 stores

2020-03-23 13:40:00| Daily apparel & textile news and comment - from just-style.com

Laura Ashley will permanently close 70 stores resulting in 721 job losses as administrators move to take over the company.

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Laura Ashley calls in administrators

2020-03-17 14:02:00| Daily apparel & textile news and comment - from just-style.com

Shares in Laura Ashley slumped by 60% today (17 March) after it confirmed plans to appoint administrators to take over the business.

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Laura Ashley blames coronavirus as it heads for administration

2020-03-17 12:39:55| BBC News | Business | UK Edition

The retailer is set to appoint administrators after the outbreak had an immediate impact on trading.

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Laura Ashley agrees loan deal as H1 sales slide

2020-02-20 11:24:00| Daily apparel & textile news and comment - from just-style.com

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.

Tags: sales deal loan slide

 

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