|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||0.0300 - 1.1500|
|52-week range||0.0300 - 4.2000|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||20 Feb 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||8.30|
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.
The home furnishings and women's wear retailer said coronavirus had 'an immediate and significant impact' on its business.
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.