LAURA Ashley has announced it's closing 70 branches today, putting 721 jobs at the clothing and furnishing retailer at risk.Laura Ashley had previously said it needed a £15million cash injection to continue trading.
Katharine Poulter, CEO of Laura Ashley, said in a statement today: "I remain unwavering in my belief that Laura Ashley can and should retain the place it deserves in the international retail landscape."However, I remain hopeful there is a buyer out there who shares my vision and can see the enormous potential of this iconic British brand that is known and loved around the world.
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Clearly couldn't pull things together.
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