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British lifestyle brand Laura Ashley has revealed an expansion plan in Japan with seven new outlets scheduled to open during the first three months of this year. New Laura Ashley Japan stores will include those in Tokyu Department Store Sapporo, Tobu…
Laura Ashley’s UK business has been placed into administration after realizing that even if it could secure funds from a third-party investor it would be too late to save the business. the Malaysian-controlled retailer of clothing and homewares was in…
Malaysian-owned clothing and home furnishings retailer Laura Ashley may go into administration if it fails to secure £15 million (US$18.44 million) in loans from Hilco Capital. According to reporting in Retail Gazette, the firm is currently in talks with the…
Embattled Malaysian-owned fashion and lifestyle retailer Laura Ashley has reported a 166-per-cent increase in half-year loss to £4 million, citing lower sales of home furnishings and Brexit uncertainty in its key UK market. But on a positive side, the company…
Struggling fashion & homewares chain Laura Ashley is seeking to borrow additional funding to stay afloat in the midst of a dispute with its lender. The firm’s Malaysian owner MUI Group is renegotiating its access to a £20 million (US$26 million) fund put up…
Fashion and home-furnishings retailer Laura Ashley has appointed IMG to exclusively license the brand in Mainland China, Hong Kong, and Taiwan. Home decor and furnishings will be the initial core focus for Laura Ashley’s entry into Mainland China with future…
US investment company Flacks is considering making a bid for Malaysian-owned, British fashion retailer Laura Ashley. The firm is in the “very preliminary stages” of a takeover bid for the brand. Any possible takeover offer will be limited to 2.748p in cash…
Fashion and home furnishings brand Laura Ashley will close 40 stores in the UK as it prepares to expand into the Chinese market. The firm has already gone through a round of 40 closures since 2015 against flagging interest from British consumers, which has…
Malaysian-headquartered apparel and homewares retailer Laura Ashley is selling its commercial property in Singapore against declining sales – but it remains positive about its regional prospects. The firm’s full year results announced a fall in profits from…
After several attempts at cracking the market, Laura Ashley will finally launch in China. The British retailer, owned by Malaysia-based MUI Group, will open a website via the Alibaba-owned Tmall website and will have a concession within the first House of…
