Permanent closures of 70 Laura Ashley stores were announced yesterday. As a result 721 employees are set to lose their jobs.
“It’s quite worrying to Just lose your income overnight”
Debbie Hanney – Laura Ashley employee
The company announced they were going into administration just last week, holding the impact of the coronavirus accountable for the collapse of the brand.
An update from us… pic.twitter.com/AeVrHwKaga
— Laura Ashley (@LauraAshleyUK) March 23, 2020
But, it was yesterday, in the statement above they announced the permanent closures of 70 stores.
Laura Ashley retail admin staff member, Debbie Hanney, has spoken about how these closure are going to impact the employees losing their jobs.
Speaking to sales floor shop assistant, Charlotte Hollis, she said that the news was “devastating” when her team found out their Southampton store was closing yesterday. She stated “It all happened so quickly, and not only have we lost our jobs, but we’ve lost our jobs in this climate, where finding a retail job is impossible with everything closed”.
Whilst many big companies including Ikea, McDonalds, and John Lewis have announced temporary closures during this time, Laura Ashley was one of the first to announce definite closures.
They are not the only company taking a hit during this time. Carphone Warehouse announced that all 531 of their stores will be closing permanently with an expected 2,900 people made redundant.
It is no surprise that the current pandemic will massively effect high street brands, with the announcement from Boris Johnson last night (23rd March), stating that shops selling “non essential goods” including clothes and electronics stores will be closed immediately.
Laura Ashley will likely be the first of many permanent closures, as many companies are set to take a hit during this difficult time.