About: http://data.cimple.eu/news-article/938ccbc27a130966c2087abbe2cc40449e801d9d16b362c4630e5ea9

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About: http://data.cimple.eu/news-article/938ccbc27a130966c2087abbe2cc40449e801d9d16b362c4630e5ea9 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Long-struggling clothing and household goods retailer Laura Ashley Holdings collapsed into near bankruptcy Tuesday as refinancing talks failed on coronavirus turmoil, risking 2,700 jobs. The British company said "increased uncertainty" arising from the COVID-19 outbreak meant it was unable to secure necessary funds from stakeholders. In a statement, Laura Ashley said it had hired advisers from financial services firm PwC to oversee administration -- the process whereby a troubled company calls in outside expertise to try and minimise job losses. Despite some recent poor trading, the retailer said it had experienced rising sales in recent weeks. "The COVID-19 outbreak has had an immediate and significant impact on trading, and ongoing developments indicate that this will be a sustained national situation," said the company, whose shares have been suspended. jbo-rfj/bcp/rl
schema:headline	Retailer Laura Ashley collapses as virus hits funding
schema:mentions	Financial services PricewaterhouseCoopers 2020 coronavirus outbreak in Singapore Bankruptcy Virus United Kingdom Severe acute respiratory syndrome coronavirus 2 Laura Ashley
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-17 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	94 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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