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Laura Ashley's like-for-like sales rise 1.4%

Fashion and home furnishings retailer Laura Ashley saw like-for-like sales increase by 1.4% in the 19 weeks to 10 December taking like-for-like sales growth for the year to date to 2.5%.

CITY & CORPORATE

Laura Ashley's like-for-like sales rise 1.4%

Fashion and home furnishings retailer Laura Ashley saw like-for-like sales increase by 1.4% in the 19 weeks to 10 December taking like-for-like sales growth for the year to date to 2.5%.

However total retail sales fell 1.7% year-on-year as the retailer rationalised its store portfolio and closed five unprofitable stores in addition to the fourteen stores closed last year.

The company’s online sales rose 9% in the period, helped by recent enhancements to the Laura Ashley website which now offers a fully comprehensive upholstery and made-to-measure curtain range on an interactive platform.

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