Seven Laura Ashley stores in Australia have been closed as the voluntary administration of the retail chain in Australia continues.
The Australian arm of the homewares and clothing retail entered voluntary administration on January 7, at which time the chain was operated 38 stores in Australia.
Administrators FTI Consulting confirmed this morning seven Laura Ashley outlets have now closed, with 17 employees affected.
The stores that have ceased trading are in Brisbane and Robina in Queensland, Perth in Western Australia, and Richmond, Harbour Town, Fountain Gate and Elizabeth Street in Melbourne.
The Laura Ashley store at the Raine Square shopping centre in Perth closed on Wednesday, Jan…
Read the full article at: http://www.smartcompany.com.au/finance/49641-laura-ashley-collapse-seven-stores-closed-as-voluntary-administration-continues/
