Laura Ashley sinks into red

THE Irish arm of fashion and home furnishings retailer Laura Ashley last year went into the red with after tax losses of €1.27m.

Laura Ashley sinks into red
Wed, 01 Dec, 2010 - 00:00
Gordon Deegan

Accounts just filed with the Companies Registration Office show that revenues at Laura Ashley (Ireland) Ltd in the 12 months to the end of January dipped by 24% from €13m to €9.8m.

The loss of €1.2m last year compares to an after-tax profit of €413,208 to the end of January 2009.

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