Home Business NewsBusiness Laura Ashley closes all stores permanently

Laura Ashley closes all stores permanently

by LLB Editor
23rd Mar 20 11:09 am

Furniture chain Laura Ashley is closing all stores permanently today, putting 721 jobs at risk, as the company appoints administrators.

The struggling fashion and homeware group announced last week that it was falling into administration, following a slump in sales due to the coronavirus. PwC are being appointed today, and will to find a buyer.

Laura Ashley says that 77 stores will keep trading, and it will continue to sell items online.

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