|Bid||1.8050 x 0|
|Ask||1.9900 x 0|
|Day's Range||1.9900 - 1.9900|
|52 Week Range||1.5100 - 5.4800|
|Beta (3Y Monthly)||1.76|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times J Sainsbury PLC faced a hit of about ...
Shares of the company, whose quintessential English romantic designs reached their peak in the 1970s and were at a time a favourite of Princess Diana, fell as much as 21.1 percent to 2.21 pence. Another victim of the gloom that has shrouded Britain's retail sector, sales at Laura Ashley have been hit by store closures, a dampening consumer mood and the termination of a license agreement with a Japanese partner. The company had already warned in February that its performance for the year would miss market expectations as consumers spent less.
We're definitely into long term investing, but some companies are simply bad investments over any time frame. We don't wish catastrophic capital loss on anyone. For example, we sympathize with anyone who was caught holding La...
"Flacks Group confirms that it does not intend to make an offer for the company," Flacks said. Flacks did not disclose why it dropped its plan to make the offer. Laura Ashley could not be immediately reached for comment.
Flacks said on Monday it was in the preliminary stages of evaluating a possible deal to buy Laura Ashley, which would be would be limited to 2.748 pence in cash for each Laura Ashley share. The offer would value the takeover target at about 20 million pounds. "We strongly believe that the offer fails to reflect the value of the Laura Ashley brand and hence the fair value that shareholders deserve for their investment in the group," the company said.
Florida-based Flacks said any possible offer would be limited to 2.748 pence in cash for each Laura Ashley share. The retailer, whose shares were down 7.7 percent at 2.99 pence at 1414 GMT, said earlier on Monday it had not received any takeover bids. Laura Ashley, popular for its floral prints, said last week its performance for the entire year would miss market expectations on lower consumer spending.
(Reuters) - British fashion retailer Laura Ashley Holdings Plc said on Wednesday its performance for the entire year would miss market expectations as consumers spent less. Like-for-like retail sales at ...
In 2012 Kwan Ng was appointed CEO of Laura Ashley Holdings plc (LON:ALY). First, this article will compare CEO compensation with compensation at similar sized companies. After that, we will Read More...