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Laura Ashley stages come back with profits

23 Sep '06
1 min read

Laura Ashley, the fashion and fabrics chain, has staged a comeback with strong sales and profits in the first half of the year.

The Laura Ashley chain store has registered a pre-tax profit of £3 million in the six months to July 29, as against the loss of £200,000 for the same period last year.

The profit is attributed to further cost-cuts and strong demands in its chain stores and the same profitable trend is expected to continue despite tough commercial conditions ahead in Britain.

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