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Latest News & Analysis
Retail

The New Normal: A Darwinian Shakeout Will Create Fresh Opportunities

The crisis will shake out the weak, embolden the strong and accelerate the decline of those that were already struggling before the pandemic, compelling companies to evaluate divestment and acquisition opportunities and capture whitespaces that emerge from the reshuffle, says The Business of Fashion and McKinsey’s Coronavirus Update to The State of Fashion 2020.

Retail

The New Normal: A Darwinian Shakeout Will Create Fresh Opportunities

The crisis will shake out the weak, embolden the strong and accelerate the decline of those that were already struggling before the pandemic, compelling companies to evaluate divestment and acquisition opportunities and capture whitespaces that emerge from the reshuffle, says The Business of Fashion and McKinsey’s Coronavirus Update to The State of Fashion 2020.


Retail

Laura Ashley to Shut Stores and Cut Jobs

The British retailer announced it will be permanently closing 70 stores after filing for administration amid the coronavirus outbreak.

Retail

Laura Ashley to Shut Stores and Cut Jobs

The British retailer announced it will be permanently closing 70 stores after filing for administration amid the coronavirus outbreak.


Retail

Laura Ashley Files for Administration as Coronavirus Hits

The outbreak had an immediate impact on the already-struggling UK retailer, sending shares down more than 64 percent.

Retail

Laura Ashley Files for Administration as Coronavirus Hits

The outbreak had an immediate impact on the already-struggling UK retailer, sending shares down more than 64 percent.


Retail

Laura Ashley's Major Shareholder in Funding Talks

The British fashion house is the latest victim of a troubled couple of years for UK retailers, with sales hit by store closures and a worsening consumer mood.

Retail

Laura Ashley's Major Shareholder in Funding Talks

The British fashion house is the latest victim of a troubled couple of years for UK retailers, with sales hit by store closures and a worsening consumer mood.


Workplace & Talent

Laura Ashley CEO Steps Down

Kwan Cheong Ng is leaving after eight years at the helm of the company, with Chief Operating Officer Katharine Poulter named as his successor.

Workplace & Talent

Laura Ashley CEO Steps Down

Kwan Cheong Ng is leaving after eight years at the helm of the company, with Chief Operating Officer Katharine Poulter named as his successor.


Workplace & Talent

Laura Ashley CFO to Leave Retailer After Two Decades

Sagar Mavani will replace Seán Anglim as CFO, while the company struggles with a decline in online sales.

Workplace & Talent

Laura Ashley CFO to Leave Retailer After Two Decades

Sagar Mavani will replace Seán Anglim as CFO, while the company struggles with a decline in online sales.


Retail

Laura Ashley Posts £10 Million Loss as Furniture Sales Sag

The clothing and furnishing retailer swung to an almost £10 million pretax loss for the year, hit by poor performance of its home furnishings business and a fall in online sales.  

Retail

Laura Ashley Posts £10 Million Loss as Furniture Sales Sag

The clothing and furnishing retailer swung to an almost £10 million pretax loss for the year, hit by poor performance of its home furnishings business and a fall in online sales.