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Laura Ashley half year profits up

Laura Ashley, the colourful fashion and homeware retailer, saw its first half year profits rise 13.7 per cent to 8.3 million pounds as the company diversified its product offer and focused on a multi-channel strategy. Total UK retail sales rose just over six per cent to 127.5 million pounds over the period to July 28, while total group sales...

Fashion

Slimma reports disappointing results

The British clothing manufacturer Slimma has reported a drop in turnover for the year ending 1 October by 9.1% to GBP25.9 million. The results were especially disappointing after an outstanding first half. Pre-tax profit increased from GBP 390,000 to GBP950,000. The company, which included a mail order business, currently exports 21% of...