Retail news
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Laura Ashley ups dividend as sales and profits rise
- Posted:
- 08 September 2011 10:33
British fashion and homewares brand Laura Ashley has defied the gloomy conditions today, posting a rise in profits and sales, which pushed the company's dividend up 100%. In the 26 weeks to July 30th, the company saw profit before tax and exceptional items rise 28% and UK like-for-like sales grow ...read more
Laura Ashley to ‘meet expectations’ despite store closures
- Posted:
- 03 June 2011 10:27
Laura Ashley has said that trading for the full year will be in line with expectations, despite the impact that the company's store realignment programme is having on sales.In a trading update, the company said that the programme of unprofitable store closures is continuing well, with 16 loss-making stores closed ...read more
Laura Ashley to beat expected profits
- Posted:
- 20 January 2011 09:58
Home furniture and women's fashion retailer Laura Ashley has said that full-year profits are likely to be "significantly higher" than predicted. In the group's interim management statement released on December 16th, the company said that it was confident that full-year trading would be ahead of expectations although since then the ...read more
Laura Ashley confident about annual trading figures
- Posted:
- 16 December 2010 11:12
In an interim management statement released today, Laura Ashley has expressed confidence in its ability to end its full-year trading ahead of expectations.The retailer stated that in the first 19 weeks of its second half to December 11th, total UK retail sales had increased by 1.3% year-on-year, with like-for-like sales ...read more
Laura Ashley announces "thriving" performance
- Posted:
- 10 September 2010 09:42
Laura Ashley has said that like-for-like growth in all product categories has kept the company thriving in the uncertain consumer environment.In the 26 weeks to July 31st, total group sales were up 5.7%, with a strong performance in the UK where total sales were up 5.5% and like-for-like sales were ...read more
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