ALY.L Share News (ALY)

Laura Ashley to target young home buyers following weak sales

LONDON, Sept 25 (Reuters) - Britain's Laura Ashley plans to tap in to the recovery in the housing market by targeting a younger clientele for its homewares division after a lacklustre performance from its fashion range hurt sales and its shares. Famous for its feminine and floral designs,

Laura Ashley Blames Mixed Weather Conditions For H1 Profit, Sales Drop

STOCKS NEWS EUROPE-Laura Ashley leads UK small caps lower

UK small caps fall 0.1 percent and junior-listed AIM shares gain 0.1 percent in early deals, both outperforming drops of around 0.3 percent in the mid-caps and the blue chips. Shares in Laura Ashley drop 14.3 percent after the fashion and homewares retailer reports a 0.9 million pound drop

Website clamps down on bullying after teenage suicides

By Belinda Goldsmith LONDON, Aug 19 (Reuters) - Online social network Ask.fm said on Monday it would clamp down on bullying after coming under fire from child safety campaigners for a string of suicides in Britain that were linked to the website popular with teenagers. Earlier this mo

Soggy weather hits fashion sales at Laura Ashley

Fashion and furnishings retailer Laura Ashley reported a decline in like-for-like sales in the first 18 weeks of the current financial year as a strong performance from home furnishing was overshadowed by weak fashion sales. Total retail sales fell by 0.6% year-on-year, with like-for-like sales als

Laura Ashley reports better than expected growth in sales

Fashion and furnishings retailer Laura Ashley reported Friday growth in retail sales for the first 19 weeks of the second half that came in marginally ahead of analysts' forecasts. The company said like-for-like (LFL) sales were up 4.9% for the period ended December 8th (Seymour Pierce forecast: 4.

Friday broker round-up UPDATE

Anglo American: UBS reduces target price from 2150p to 1860p and downgrades to neutral. JP Morgan reiterates underweight. BG Group: Barclays reduces target price from 1490p to 1450p, while reiterating an overweight rating. BP: Barclays cuts target price from 500p to 480p and keeps an underweight r

Laura Ashley half year profit blooms

Home furnishings and fashion retailer Laura Ashley said half year pre-tax profit increased nearly 14 per cent and while it remains mindful of the tough retail it is confident of further progress in the second half. Pre-tax profit increased to £8.3m for the 26 weeks to 28 July 2012 from £7.3m the ye

Laura Ashley's like-for-like sales rise

Like-for-like sales flourished at fashion and homeware firm Laura Ashley as it looks to continued sales growth for the remainder of 2012. In its update for the 18 weeks of the current financial year ending 26 January 2013, the retailer known for its English rose patterns, said like-for-like sales

Laura Ashley Deputy Chairman sells 400,000 shares

David Masters, Deputy Chairman of Laura Ashley, the fashion and homeware retailer, has sold off a chunk of shares at an average price of 23.5p each. Masters, who now holds one million shares, sold 406,250 for a total of £95,469. The sale was made on April 18th, just over a fortnight since the co

Another XP Power director stocks up

James Peters, Deputy Chairman of XP Power, the power controller manufacturer, has purchased 7,000 shares less than a week after the firm cautioned over its revenues. Peters, who founded XP in 1988, bought the shares for 1100p. The £77,000 transaction takes Peters' stake in the firm to 2,178,254 s

Monday broker round-up - UPDATE

RBS: Banco Espirito Santo lowers to neutral, cuts target to 22p from 51p. Centrica: Investec puts target price under review, buy rating unchanged. Capita: Credit Suisse cuts target from 780p to 770p, outperform rating kept. Capital Shopping Centres: Seymour Pierce maintains reduce stance and 324

Sector movers: Retailers rise after results impress

The retailers were in demand on Thursday afternoon, defying a generally gloomy outlook for the UK consumer, after some pleasing results from giants Morrison and Home Retail Group. Supermarket chain Morrison's focus on value - and longer opening hours - helped it post sales and profits ahead of expe

London midday: Stocks stay buoyant

Shares are posting continued gains as investors take an extended break from fretting about the eurozone crisis. Supermarket chain Morrisons' focus on value helped it post sales and profits ahead of expectations in the half year to 31 July. Pre-tax profits rose to £449m from £412m the previous year

London open: Flat start but Home Retail jumps

Stocks are seeking direction this morning as traders pause for breath following yesterday's big gains Supermarket chain Morrisons' focus on value helped it post sales and profits ahead of expectations in the half year to 31 July. Pre-tax profits rose to £449m from £412m the previous year. Turnover