Laura Ashley will close about 40 stores in the UK as it plans to expand in China
bethkent ✅Fashion and home furnishings retails has already closed 40 stores in the UK since 2015. Laura Ashley is owned by Malayan United Industries (MUI). Andrew Khoo Boo Yeow, MUI’s newly appointed executive chairman, said: “The direction I want to go is to have not so many stores, but maybe the ones we have could be larger….