SLUGGISH sales by its European outlets pulled down the overall performance of Laura Ashley, the Malayan United Industries Bhd-owned high street fashion company, which has joined the ranks of disappointed Christmas retailers.
Its 67 outlets in continental Europe registered a 7% drop in like-for-like sales during the 23 weeks to Jan 4, with the 12 stores earmarked for closure performing poorly at a time of tough trading conditions in Germany and France.
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