Brand closure causes job losses, discounts and uncertainty over Walden store

Laura Ashley's shop in Saffron Walden is closing down. Photo: ANDRA MACIUCA.

Laura Ashley's shop in Saffron Walden is closing down. Photo: ANDRA MACIUCA. - Credit: ANDRA MACIUCA

Retailer Laura Ashley has announced it is going into administration with dozens of job losses and stores across Essex holding closing down sales - including Saffron Walden.

The Hill Street shop has discounts of up to 60 percent as the company prepares to close down its branches. So far, 56 employees across the business have been made redundant.

The Saffron Walden store is currently open. The stores will continue to trade until further notice.

Three administrators have been appointed to continuously review the position of the stores and provide updates.

Rob Lewis, joint administrator and PwC partner, said: “The company is continuing to trade to sell the stock on hand and we would like to extend thanks to all Laura Ashley employees for their continued support, service and cooperation both before and during the administration.


You may also want to watch:


“We still believe there is value in the group and we remain open to interest, however we may be required to initiate a controlled store closure programme.”

Most Read

Become a Supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Become a Supporter