Laura Ashley's like-for-like sales rise

Like-for-like sales flourished at fashion and homeware firm Laura Ashley as it looks to continued sales growth for the remainder of 2012.

In its update for the 18 weeks of the current financial year ending 26 January 2013, the retailer known for its English rose patterns, said like-for-like sales grew 5.4% while total UK retail sales increased by 4.1%.

"The company is confident that its well-established brand, high-quality product offering and strong balance sheet will ensure the like-for-like sales growth trend continues across the retail business for the rest of 2012," it said in a company update.

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Online sales grew 18.8% compared to the same period last year after a revamp of the company's website.

A full mobile website has recently been launched and the E-Commerce service is now available to French customers, Laura Ashley explained.

CJ