71
Fashion Jobs
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Permanent · JOHANNESBURG
L'OREAL GROUP
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ESTÉE LAUDER COMPANIES
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ADIDAS
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L'OREAL GROUP
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Country Manager
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L'OREAL GROUP
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Permanent · JOHANNESBURG
ADIDAS
ic pp Data & Analytics Specialist - em
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BEIERSDORF
Precision Marketing & Audience Specialist
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CLINIQUE
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PANDORA
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L'OREAL GROUP
Data Analyst
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HTNK
High-End Fashion/Denim Designer
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H&M
Talent Acquisition Specialist
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ADIDAS
Specialist Franchise Excellence - Ems Africa Export
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LOVISA
Full Time Team Member | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
LOVISA
Store Manager | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
By
Reuters API
Published
Mar 23, 2019
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Flacks drops plans to bid for Laura Ashley

By
Reuters API
Published
Mar 23, 2019

Flacks Group said on Friday it would not make an offer for Laura Ashley Holdings, nearly a month after the British fashion retailer dismissed an unsolicited takeover offer from the investment firm.


Instagram: @lauraashleyuk


"Flacks Group confirms that it does not intend to make an offer for the company," Flacks said.

Flacks did not disclose why it dropped its plan to make the offer. Laura Ashley could not be immediately reached for comment.

In February, Flacks said it was in preliminary stages of evaluating a possible deal to buy Laura Ashley, which would be limited to 2.748 pence in cash for each Laura Ashley share and valuing it at about 20 million pounds.

Laura had dismissed it, saying that the offer "failed to reflect the value of the Laura Ashley brand."

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