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  September 5, 2001
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Home > Company Index > Retail > Home Furnishing & Housewares Retailing > Laura Ashley Holdings plc

Laura Ashley Holdings plc
OTC: LARAY
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 PROFILE
Famous for floral fashions, Laura Ashley Holdings operates about 250 stores selling its namesake women's and children's clothing and home furnishings. Most of its stores are in the UK, but it also has outlets in other countries, primarily in Europe. Home furnishings produce more than half of sales and include made-to-order cushions and upholstery and interior design services. Years of weak sales forced Laura Ashley to sell its North American operations for $1 to avoid bankruptcy. Refurbished stores and brand advertising are two keys to the firm's recent recovery. Malayan United Industries owns more than 40% of Laura Ashley; the late co-founder's family owns 9%.

 COMPETITION
Arcadia Group plc (AG)
Debenhams plc (DEB)
Marks and Spencer p.l.c. (MASPY)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 378.90
1-Yr. Sales Growth: (5.1)%
Employees: 2,763
Revenue per employee: $137,133.55

 KEY PEOPLE
• Ng Kwan Cheong
    CEO
• Jim Bellingham
    CFO

 CONTACT INFO
27 Bagleys Lane, Fulham
London SW6 2QA, United Kingdom
Phone: 44-20-7880-5100
Fax: 44-20-7880-5200
Online: Web Site

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