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toldnews-blog · 5 years
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New Post has been published on https://toldnews.com/business/laura-ashley-profit-warning-as-sales-slump/
Laura Ashley profit warning as sales slump
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Laura Ashley has warned investors that it will post profits lower than it had forecast for the financial year.
It also said it made zero profit for the last six months of 2018 as sales fell 4.2%.
“Trading conditions have been difficult,” the company said. While fashion sales increased, furniture and decorations fell.
The firm’s shares fell as much as 22% in London before recovering to a 5% fall, valuing the retailer at £22m.
Laura Ashley also said it sold one of its two hotels, the Manor Elstree. However, it insisted it was “committed to developing the hospitality concept and this will be achieved through the licensing model rather than direct ownership”.
Laura Ashley to close 40 stores in UK
Sales for outlets open at least a year fell 4.2% as Japanese partner Aeon Holdings terminated a licence agreement.
In December, the fashion and home furnishings retailer told Press Association it could close about 40 stores in the UK as it plans to expand its presence in China. It insisted that no deadline had been set and no stores earmarked.
Laura Ashley, which is controlled by Malayan United Industries (MUI), has already closed some 40 UK stores since 2015. December’s reduction will leave it with 120 UK stores.
High Street stores in the UK have had a difficult year as consumer confidence wanes and fewer shoppers visit.
A recent report has shown that some 14 UK shops are closing every day in the tough trading climate.
Originally based in Wales, Laura Ashley grew from a small factory in Carno to become one of the world’s leading clothing brands in the 1970s and 1980s.
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ysc002-blog · 5 years
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habaricloud-blog · 6 years
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Celebrity Big Brother: Roxanne Pallett LEAVES house after accusing Ryan Thomas of punching her 
Roxanne Pallett is pictured for the first time since quitting Celebrity Big Brother after accusing Ryan Thomas of punching her.
She was spotted leaving The Manor Elstree Laura Ashley hotel today in Borehamwood, Hertfordshire, after pulling out of the reality show.
The former Emmerdale star looked downbeat in a pair of oversized sunglasses and a baseball cap pulled low over her face.
Ro…
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cookingawe · 6 years
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The Royal Academy of Culinary Arts’ A...
New Post has been published on http://cookingawe.com/the-royal-academy-of-culinary-arts-a/
The Royal Academy of Culinary Arts’ A...
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The Royal Academy of Culinary Arts is calling for entries for the Annual Awards of Excellence 2018.
Applicants must currently be working full-time in the UK as a chef or waiter and were aged between 20 and 26 on 31 December 2017.
To enter, click here to fill out the application form. Entries close on 31 January.
The Annual Awards of Excellence began in 1983 and since then over 550 young professionals have won the award.
In last year’s awards, candidates had to attain a score of over 70% in the set tasks. Kitchen finalists had four hours to produce four portions of a starter, using ingredients from a mystery box; four portions of a veal dish plated on a flat with three garnishes and a sauce; and a modern interpretation of a chocolate and orange dessert.
Pastry finalists were given five-and-a-half hours to produce a decorated showpiece croquembouche of classical or freestyle shape; two Linzer tortes; and four portions of hot plated seasonal fruit soufflé.
Service finalists were required to decant and describe wines to the judging panel, as well as set up and serve a three-course meal with wines and liqueurs to a table of two guest judges.
Last year the winners were:
RACA Young Chef of the Year: Joel Gueller, Belmond Le Manoir aux Quat’Saisons, Great Milton, Oxfordshire
RACA Young Pastry Chef of the Year: Polly Chan, Yauatcha, London
RACA Young Waiter of the Year: Alexander Macleod, the Balmoral hotel, Edinburgh
KITCHEN
Jack Croft, Dinner by Heston Blumenthal
Ruth Hansom, the Ritz London
Elly Wentworth, Lucknam Park hotel
PASTRY
Hannah Bagshaw, Hakkasan
Ethan Flack, Belmond Le Manoir aux Quat’Saisons
Irish Hacon, the Langham hotel
Naomi Longfield, Hakkasan
Faye Weatherburn, the Ritz London
SERVICE
Rebecca Bauhofer, Andrew Fairlie at Gleneagles
Ashley Best, the Ritz London
Giuseppe Cola, the Ritz London
Francesco De Santo, the Ritz London
Lewis Dixon, Northcote Manor
Daniel Dreiseitel, the Ritz London
Emma Drummond, the Gleneagles hotel
Melissa Fergus, the Fat Duck
Laudy Gibba-Smith, L’Enclume
Louis Gillibert, Belmond Le Manoir aux Quat’Saisons
Giuseppe Laboragine, Petrus
Gerald Murati, the Ritz London
Callum Rees, the Gleneagles hotel
Gabriele Sorrentino, the Ritz London
Dimitar Tanev, the French by Simon Rogan
Laura Vernet, Belmond Le Manoir aux Quat’Saisons
RACA Annual Awards of Excellence overall winners revealed >>
Annual Awards of Excellence 2016 open for entries >>
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artandhue · 7 years
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#ThrowbackThursday to last May's #SchoolForScoundrels screening & meeting the adorable #JanetteScott http://artandhue.com/school-for-scoundrels-screening-with-janette-scott-at-the-laura-ashley-manor-hotel/ #tbt
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jadorelamode-stuff · 10 years
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Simply Bridal Angelina Gown by Zazu Studio Photography <3<3<3
Simply Bridal Angelina Gown by Zazu Studio Photography 
Hello Guys…
I would love to present you a little piece of our work with a fantastic American brand called SIMPLY BRIDAL.
They offer a fantastic selection of the most beautiful Gowns and accessories.
The company vision…
“Simply Bridal is about making your wedding dress process easy by using principles of efficiency. By combining design, production, and distribution under one roof, we keep the…
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habaricloud-blog · 6 years
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Celebrity Big Brother: Roxanne Pallett LEAVES house after accusing Ryan Thomas of punching her 
Roxanne Pallett is pictured for the first time since quitting Celebrity Big Brother after accusing Ryan Thomas of punching her.
She was spotted leaving The Manor Elstree Laura Ashley hotel today in Borehamwood, Hertfordshire, after pulling out of the reality show.
The former Emmerdale star looked downbeat in a pair of oversized sunglasses and a baseball cap pulled low over her face.
Ro…
View On WordPress
0 notes