Struggling Laura Ashley seeks funds to keep trading

Struggling Laura Ashley seeks funds to keep trading

Homeware retailer in crisis talks with lender to raise cash it needs to meet ’immediate funding requirements’. Shares in Laura Ashley crashed as much as 40 percent in response to the news on Monday. The retailer’s parent company previously negotiated a £20m loan in October, but has failed to meet all of the criteria to access all of the funds.

Jamie
Jamie
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