Ashley (Laura) Hldgs PLC Update - Homebase stores (1029N)
October 21 2016 - 1:00AM
UK Regulatory
TIDMALY
RNS Number : 1029N
Ashley (Laura) Hldgs PLC
21 October 2016
LAURA ASHLEY HOLDINGS PLC (the "Company" or the "Group")
Update - Homebase stores
21 October 2016
Laura Ashley Holdings plc announces that, further to the
acquisition of Homebase by Wesfarmers, it will cease to trade in
its concessions within Homebase stores. The closure of its
concessions from Homebase stores will take place during the second
quarter of 2017.
The Company does not expect there to be a material impact on the
Group and anticipates that the majority of trade that it receives
from these concessions will be redirected to other Laura Ashley
stores and the website operated by the Group.
Enquiries:
Kwan Cheong Ng/Seán Anglim Laura Ashley 020 7880 5100
Helen Smith/Honoria Simpson Brunswick 020 7404 5959
Marc Milmo/Catherine Leftley Cantor Fitzgerald Europe 020 7894
7000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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