Laura Ashley suspends trading and files for administration

Fashion and furnishings firm says rescue talks were thwarted by coronavirus crisisCoronavirus – latest updatesSee all of our coronavirus coverageLaura Ashley has suspended trading and filed for administration as the embattled fashion and furnishings firm said that rescue talks were thwarted by the coronavirus outbreak.The move comes only days after reports that the company, which operates more than 150 British stores and has 2,700 employees, was seeking a £15m emergency loan by the e