Summary
LAURA Ashley's shares lost another 6 per cent of their value yesterday after the struggling retailer failed to assuage City concerns about full-year profits following a dire second-half sales performance.
Shares in the fashion-to-home furnishings retailer, which have lost almost half their value since the start of September, closed 0.75p lower at 11p, valuing the company at around GBP 88 million.See the full content of this document
Extract
City Losing Faith in Dire Laura Ashley
KBC Peel Hunt analyst Peter Jones, who rates the stock as a "sell", said: "We continue to believe the...
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