Laura Ashley reports £14m loss on slump in home furnishings

Retailer blames Brexit for denting consumer confidence, with furniture sales also downLaura Ashley has slumped to an annual loss of more than £14m after a collapse in demand for its signature floral home furnishings.The retailer said Brexit...

Laura Ashley reports £14m loss on slump in home furnishings

Retailer blames Brexit for denting consumer confidence, with furniture sales also down

Laura Ashley has slumped to an annual loss of more than £14m after a collapse in demand for its signature floral home furnishings.

The retailer said Brexit concerns had hit consumer confidence and stopped shoppers from making big-ticket purchases or starting big DIY projects.

Continue reading...