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Laura Ashley Australia

11th Jan 2016 10:23

RNS Number : 4341L
Ashley (Laura) Hldgs PLC
11 January 2016
 

 

Laura Ashley Holdings plc ("Laura Ashley" or "the Company")

 

Laura Ashley Australia

 

 

The Company has been made aware that its license partner in Australia has been placed into voluntary administration. Laura Ashley has an exposure of circa. £1.2 million and is continuing its discussions with the administrator regarding the future of the Australian operations.

 

There is no effect on the rest of the Laura Ashley business. 

 

 

Enquiries:

 

Laura Ashley Holdings plc

Kwan Cheong Ng (CEO)

Seán Anglim (CFO / Joint COO)

 

 

 

020 7880 5100

Brunswick

Anita Scott

Helen Smith

 

020 7404 5959

 

 

Cantor Fitzgerald Europe

Marc Milmo

Catherine Leftley

 

 

 

020 7894 7000

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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