Laura Ashley goes into administration following coronavirus outbreak
Published: 15:11, 17 March 2020
| Updated: 15:15, 17 March 2020
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Fashion chain Laura Ashley has gone into administration after rescue talks were thwarted by the coronavirus outbreak.
The company has a store in Falcon Square, Inverness, and another in George Street, Aberdeen.
Today's announcement comes just weeks after the 52-year-old retailer said it needed £15 million of emergency cash by the end of this month to avoid putting 2700 jobs at risk.
A company spokesperson said there had been a "significant" drop-off in trade with no end to the coronavirus crisis in sight.
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