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Laura Ashley shop, Hong Kong. Laura Ashley (LSE: ALY) is a British textile design company. It was founded by Bernard Ashley and his wife Laura Ashley in 1953 in London, and first became known for creating Victorian style head scarves, one of which was worn by Audrey Hepburn in the film Roman Holiday.
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Laura Ashley (née Mountney; 7 September 1925 – 17 September 1985) was a Welsh fashion designer and businesswoman. She originally made furnishing materials in the 1950s, expanding the business into clothing design and manufacture in the 1960s.
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A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy . [ 2 ]
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