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Laura Ashley sales up

Tue, 02nd Jun 2009 07:29

Furniture and clothing retailer Laura Ashley said despite the challenging economic environment, the board remains cautiously optimistic for the current year as sales in the first 17 weeks to May 30 rose.Like-for-like sales improved by 6.9% compared to the same period last year despite the economic uncertainty impacting consumer confidence and spending patterns.Total UK retail sales increased by 8.4% due mainly to the continuing targeted promotional activity during the period and increase in the group's retail selling space."In line with expectations that the general economy will continue to be challenging and unpredictable, we have taken our store portfolio realignment programme at a more considered pace with one new store opened in the UK and 3 in France during this period," said the group.The group said its E-Commerce and Mail Order sales grew by 110% mainly driven by the growth in E-Commerce sales of 41.6% set off by a decline in Mail Order sales by 24.2%.
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5 Sep 2014 06:31

Laura Ashley reports 15 pct jump in first-half profit

Sept 5 (Reuters) - Fashion and homewares retailer Laura Ashley Holdings Plc reported a 14.9 percent rise in first-half pretax profit, helped by strong growth in online sales in the UK. The company said pretax profit rose to 8.5 million pounds ($13.9 million) in the 26 weeks to July 26 from

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12 Jun 2014 10:44

Laura Ashley Sales Slow After Encouraging Start to Year

LONDON (Alliance News) - British homesware retailer Laura Ashley Holdings PLC Thursday said it saw a slight drop in sales in the first 19 weeks of its financial year, but said both its fashion and home furnishings recorded sales growth on a like-for-like basis. Total retail sales were down

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12 Jun 2014 08:10

Laura Ashley improves LFL sales

- LFL sales rise as total year-on-year sales slip - Fashion and Home furnishings recorded LFL growth - Franchise business continues to grow Fashion and furnishings retailer Laura Ashley said total retail sales fell by 0.9% year-on-year while like-for-like (LFL) sales increased by 0.7% in the fir

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12 Jun 2014 07:36

UK MORNING BRIEFING: AstraZeneca Signs Asthma Deal With Synairgen

LONDON (Alliance News) - UK shares have opened flat Thursday, following negative trading in the US and Asia overnight.

AstraZeneca is the third biggest gainer on the FTSE 100. The drugmaker said it has signed a global licence agreement with AIM-listed biotechnology

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12 May 2014 05:10

UK Dividends Calendar - Week Ahead

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9 May 2014 15:13

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UK Dividends Calendar 
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9 May 2014 05:26

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8 May 2014 15:37

UK Dividends Calendar - Week Ahead

UK Dividends Calendar 
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8 May 2014 07:29

UK MORNING BRIEFING: UK Shares Open Higher, Led By BT And Barclays

LONDON (Alliance News) - UK shares have opened mostly higher Thursday ahead of interest-rate decisions by the Bank of England and European Central Bank and amid tentative signs of reduced tensions in Ukraine.

BT and Barclays lead the FTSE 100 at the

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8 May 2014 05:12

UK Dividends Calendar - Week Ahead

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7 May 2014 15:49

UK Dividends Calendar - Week Ahead

UK Dividends Calendar 

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7 May 2014 05:12

UK Dividends Calendar - Week Ahead

UK Dividends Calendar 
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6 May 2014 15:36

UK Dividends Calendar - Week Ahead

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6 May 2014 05:30

UK Dividends Calendar - Week Ahead

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27 Mar 2014 16:50

STOCKS NEWS EUROPE-UK small caps close flat, ReNeuron gains 7.5 pct

The FTSE Small Cap index closes flat, outperforming junior-listed AIM shares, the mid-caps and the blue chips, down 0.2 to 0.3 percent. ReNeuron Group climbs 7.5 percent, among the top risers on the AIM index, after the stem cell therapy company receives final UK regulatory and ethical appr

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