Laura Ashley losses deepen as chief executive change bought forward

Laura Ashley MK

The embattled homewares and fashion brand posted losses of £4m before tax for the 26 weeks to December 31, 2019, deepening from £1.5m the previous year.

Total sales across the group fell to £109.6m, down from £122.9m in the corresponding period the previous year, while like-for-like sales slumped by 10.4%.

 

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