New chairman wants fewer but larger stores in UK and is keen to expand presence in China
Laura Ashley is to close 40 stores, representing a quarter of its UK outlets, in a move that puts hundreds of jobs at risk.
The company’s new chairman, Andrew Khoo, who took on the role from his father last week, said the stores were closing amid a “challenging environment” in the UK that had hit sales of expensive products such as furniture.
4 DecemberContinue reading…
Link : Laura Ashley to close 40 stores, putting hundreds of jobs at risk