ALY.L - Laura Ashley Holdings plc

LSE - LSE Delayed price. Currency in GBp
0.3900
-0.5895 (-60.18%)
At close: 11:15AM GMT
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Previous close0.9795
Open0.5750
Bid0.0000 x 0
Ask0.0000 x 0
Day's range0.0300 - 1.1500
52-week range0.0300 - 4.2000
Volume2,241,520
Avg. volume663,964
Market cap2.838M
Beta (5Y monthly)N/A
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings date20 Feb 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est8.30
  • Laura Ashley to shut stores, cut hundreds of jobs
    Reuters

    Laura Ashley to shut stores, cut hundreds of jobs

    Laura Ashley, a favourite of late Princess Diana in its 1980s heyday, has seen sales fall, store closures and weakness at its home furnishings business. The company said the store closures could affect 721 jobs, and added that its initial focus will be to look for potential buyers. The company, which had 2,773 employees as of June 2019 according to Refinitiv Eikon data, said it will continue to trade the rest of its 77 UK stores and purchases will continue to be accessible online.

  • 2,700 jobs at risk as Laura Ashley collapses and blames Covid-19
    Yahoo Finance UK

    2,700 jobs at risk as Laura Ashley collapses and blames Covid-19

    The home furnishings and women's wear retailer said coronavirus had 'an immediate and significant impact' on its business.

  • Laura Ashley CEO retires early as losses deepen at troubled retailer
    Yahoo Finance UK

    Laura Ashley CEO retires early as losses deepen at troubled retailer

    The announcement comes after the retailer battled to stay afloat this week, holding crisis talks to secure a funding lifeline from its major bank lender.

  • Laura Ashley's first-half loss widens as home furnishings stutters
    Reuters

    Laura Ashley's first-half loss widens as home furnishings stutters

    "We have seen a combination of factors impact our results, ranging from higher costs largely driven by the Brexit uncertainty, minimum wages and business rates increases," Chairman Andrew Khoo said. Laura Ashley posted a pretax loss of 4 million pounds for the six months ended Dec. 31, compared with 1.5 million pounds a year earlier. The retailer has also been undergoing a turnaround, and said on Thursday that Chief Operating Officer Katharine Poulter, whose promotion to the CEO role was announced last month, will take the helm with immediate effect.

  • Reuters - UK Focus

    Laura Ashley first half loss jumps to 4 mln pounds

    Troubled clothing and furnishing retailer Laura Ashley saw pretax losses more than double in the first half of the year, hurt by weak demand for its home furnishing business and disruption from a change in its Japanese franchise partner. The company, which secured the backing this week of its main banking lender to continue operations, posted a pretax loss of 4 million pounds ($5.15 million) for the six months ended Dec. 31, compared to 1.5 million pounds a year earlier.

  • Laura Ashley calms concerns with funding agreement
    Reuters

    Laura Ashley calms concerns with funding agreement

    Lender Wells Fargo <WFC.N> and the retailer's majority shareholder, MUI Asia Limited, have concluded discussions over Laura Ashley's immediate funding needs, the retailer said on Wednesday, and that it can draw requisite funds from its existing working capital facility with the bank. The announcement comes days after Laura Ashley said that recent movements in its stock and customer deposit levels had led to a reduction in the amount it could draw under the Wells Fargo facility. Wells Fargo provided Laura Ashley with a 20 million pound last year, with the company's assets as collateral.

  • What to Watch: Shoe Zone warns over stores, stimulus lifts markets and Laura Ashley woes
    Yahoo Finance UK

    What to Watch: Shoe Zone warns over stores, stimulus lifts markets and Laura Ashley woes

    A daily overview of the top business, market and economic stories you should be watching today in the UK and abroad.

  • Laura Ashley in crisis funding talks as sales dive
    Yahoo Finance UK

    Laura Ashley in crisis funding talks as sales dive

    The company's stock crashed by 35% after it confirmed crisis funding talks with lender Wells Fargo.

  • Laura Ashley says major shareholder, lender in funding talks
    Reuters

    Laura Ashley says major shareholder, lender in funding talks

    The fashion house, a favourite of Princess Diana in its 1980s heyday, is the latest victim of a troubled couple of years for British retailers, its sales hit by store closures, weakness in its home furnishings business and a worsening consumer mood. The company said on Monday recent movements in its stock and customer deposit levels had led to a reduction in the amount it can draw down under the working capital facility with U.S. bank Wells Fargo & Co <WFC.N>. The lender provided an asset-based loan of 20 million pounds to Laura Ashley last year, using the company's assets as collateral.

  • Laura Ashley CEO to step down after eight years at helm
    Reuters

    Laura Ashley CEO to step down after eight years at helm

    Chief Operating Officer Katharine Poulter will take over the top job from May 1. Laura Ashley, a favourite of Princess Diana in its 1980s heyday, has been one of the victims of the gloom that has shrouded Britain's retail sector.

  • Did Changing Sentiment Drive Laura Ashley Holdings's (LON:ALY) Share Price Down A Painful 88%?
    Simply Wall St.

    Did Changing Sentiment Drive Laura Ashley Holdings's (LON:ALY) Share Price Down A Painful 88%?

    This month, we saw the Laura Ashley Holdings plc (LON:ALY) up an impressive 99%. But will that repair the damage for...

  • Can Laura Ashley Holdings (LON:ALY) Afford To Invest In Growth?
    Simply Wall St.

    Can Laura Ashley Holdings (LON:ALY) Afford To Invest In Growth?

    We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

  • Laura Ashley CFO to leave retailer after two decades
    Reuters

    Laura Ashley CFO to leave retailer after two decades

    Mavani's appointment comes at a time when the company is struggling with poor performance in its home furnishings business and a decline in online sales. Mavani joined the company as group financial controller last year. Named after the Welsh designer who founded the company in the 1950s, Laura Ashley was a favorite of Princess Diana in its 1980s heyday, but has struggled to stay relevant in recent years as its floral, frilled and ruffles-heavy outfits fell out of fashion.

  • Is Laura Ashley Holdings plc's (LON:ALY) CEO Salary Justified?
    Simply Wall St.

    Is Laura Ashley Holdings plc's (LON:ALY) CEO Salary Justified?

    Kwan Ng became the CEO of Laura Ashley Holdings plc (LON:ALY) in 2012. First, this article will compare CEO...

  • Laura Ashley posts 10 million pound loss as furniture sales sag
    Reuters

    Laura Ashley posts 10 million pound loss as furniture sales sag

    The company, which issued two profit warnings earlier this year, said total UK retail sales fell to 222.9 million pounds from 236 million pounds a year ago, hurt by six store closures and "considerable market uncertainty". "The last twelve months have proved to be a difficult trading period for the Group and indeed for the retail sector as a whole," Chairman Andrew Khoo said in a statement. Named for the Welsh designer who founded the company in the 1950s, Laura Ashley was a favourite of Princess Diana in its 1980s heyday, but has struggled to stay relevant in recent years as its floral, frilled and ruffles-heavy outfits fell out of fashion.

  • Reuters - UK Focus

    UPDATE 1-Laura Ashley posts 10 mln pound loss as furniture sales sag

    Clothing and furnishing retailer Laura Ashley swung to an almost 10 million pound pretax loss for the full year ending in June, hit by poor performance of its home furnishings business and a fall in online sales. The company, which issued two profit warnings earlier this year, said total UK retail sales fell to 222.9 million pounds from 236 million pounds a year ago, hurt by six store closures and "considerable market uncertainty". "The last twelve months have proved to be a difficult trading period for the Group and indeed for the retail sector as a whole," Chairman Andrew Khoo said in a statement.

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