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Laura Ashley to end Homebase concessions

21 October 2016 07:28

Laura Ashley will cease to trade in its concessions within Homebase stores following their acquisition by Wesfarmers.

The closure of its concessions from Homebase stores will take place during the second quarter of 2017.

The company does not expect there to be a material impact on the group and anticipates that the majority of trade that it receives from these concessions will be redirected to other Laura Ashley stores and the website operated by the group.

Story provided by StockMarketWire.com

Related Company: ALY

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