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Ashley (Laura) Hldgs PLC  -  ALY   

Interim Management Statement

Released 07:00 14-Dec-2012

RNS Number : 4755T
Ashley (Laura) Hldgs PLC
14 December 2012
 



LAURA ASHLEY HOLDINGS PLC

 

Interim Management Statement

 

14 December 2012

 

Laura Ashley Holdings Plc ("Laura Ashley") announces its Interim Management Statement for the 19 weeks to 8 December 2012.

 

In the first 19 weeks of the second half to 8 December 2012, total retail sales increased by 4.2% year-on-year, with like-for-like sales increasing by 4.9%.

 

E-Commerce recorded sales growth of 22.6% in the same reporting period. The introduction of a mobile site that offers the complete range of our products, and increased overseas deliveries, have both been instrumental in this growth.

 

We expect gross margin rate to be marginally lower than last year.

 

Five stores have been opened this year and three closed.

 

There has been no material change to the financial position of Laura Ashley since the announcement of the first half results on 12 September 2012.

 

 

Enquiries:

 

Laura Ashley Holdings plc                020 7880 5100

Seán Anglim   

 

Brunswick                                           020 7404 5959                       

Anita Scott

James Olley                                                     

 

Seymour Pierce                                  020 7107 8000

Guy Peters                                           Corporate Finance       

Richard Redmayne                               Corporate Broking      

Katie Ratner                                         Corporate Broking


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Interim Management Statement - RNS