Is Laura Ashley still in business?
Fans and all those left heartbroken by the news of stores closing down last March can rejoice –Laura Ashley is back! The iconic homes emporium partnered with Next to reintroduce signature Laura Ashley at Next home products online and in stores nationwide.
Is Laura Ashley closing online?
Over time, the brand grew to become the household name of today, synonymous with quality fashion, interiors and home furnishings. Despite the store closures that will follow the ‘everything must go’ sale, the Laura Ashley brand will remain online (www.lauraashley.com) and at retailers nationwide.
Has Laura Ashley been taken over by Next?
And it’s collabing with Next for 2021. Synonymous with pretty prints and quality design inspired by their British Heritage, Laura Ashley’s Head of Brand & Partnerships, Poppy Marshall-Lawton explains, ‘We are very pleased to be partnering with NEXT to take the Laura Ashley brand to the next level. …
Is Laura Ashley closing down UK?
The 67-year-old brand announced it would permanently close 70 stores in mid-March, with plans to cut 268 office jobs and furlough more than 1,500 workers. Its bosses hired PwC to advise on the administration process, blaming the impact of coronavirus for tipping it over the edge.
Who bought Laura Ashley name?
Gordon Brothers
After struggling for several years, the company blamed its troubles on a “significant” drop in trade with no end of COVID-19 in sight. On 22 April 2020, it was announced that investment firm Gordon Brothers had acquired the Laura Ashley brand name, archives and intellectual property rights out of administration.
Who now owns Laura Ashley?
Laura Ashley Holdings plc
Laura Ashley Holdings/Parent organizations
Who is taking over Laura Ashley?
The investment firm Gordon Brothers acquired Laura Ashley out of administration in a deal that included its global brand, archives and related intellectual property.
Can I still use my Laura Ashley credit card?
Update 08/04/2020: Laura Ashley is in administration and is no longer accepting credit card applications. The Laura Ashley Credit Card can be used for day to day items, such as paying for meals at a restaurant, clothes and some people use them for luxuries, such as holidays.
Why are next selling Laura Ashley?
Next has partnered with embattled retailer Laura Ashley to sell its home products both online and in stores in an effort to revive the heritage brand. The homewares will be sold across Next’s 500 UK stores and via its website which operates in over 70 countries.
Has anyone bought Laura Ashley?
The Laura Ashley brand has been acquired by US advisory firm Gordon Brothers after falling into administration last month when rescue talks were thwarted by Covid-19 concerns. The news comes just a week after Gordon Brothers sold British streetwear brand Bench to fashion firm Apparel Brands Limited.
What happens to my Laura Ashley shares?
Laura Ashley share price collapses as coronavirus forces it into administration. The retailer has gone bust as a result of the Covid-19 outbreak having a significant impact on its performance, with the news sending its shares tumbling more than 60% on Tuesday.
How do I contact Laura Ashley?
1 (855) 396-6100
Laura Ashley Holdings/Customer service
Who was Laura Ashley and what did she do?
Laura Ashley (née Mountney; 7 September 1925 – 17 September 1985) was a Welsh fashion designer and businesswoman. She originally made furnishing materials in the 1950s, expanding the business into clothing design and manufacture in the 1960s.
Where was the first Laura Ashley shop in the UK?
Laura Ashley’s first shop was opened at 35 Maengwyn Street, Machynlleth, Montgomeryshire, in 1961. The Laura Ashley association is commemorated by a small plaque.
Who are the major shareholders of Laura Ashley?
In May 1998, MUI Asia Limited became a major shareholder in Laura Ashley Holdings plc and under the new management, this world famous international brand was back in profit.
Why did the company name change to Laura Ashley?
Employing staff to cope with the growth of sales, the company name was changed to Laura Ashley because Bernard felt a woman’s name was more appropriate for the type of products.