Case Study

Laura Ashley: Streamlines corporate accounting with financial performance management solutions

Laura Ashley: Streamlines corporate accounting with financial performance management solutions

Pages 4 Pages

Share this Laura Ashley is a lifestyle brand with operations in the textile, fashion, furniture and hospitality industries. Established in 1953 and listed on the London Stock Exchange since 1985, the company enjoys a reputation as one of the world’s best-loved fashion and home furnishings companies. It currently owns more than 160 retail outlets in the UK, Ireland and France, and achieved total sales of GBP 277 million in 2017. Business challenge With 16 subsidiaries and over 1,000 cost centers to manage, Laura Ashley must be able to monitor performance across its channels effectively to make informed financial and management decisions. Transformation Laura Ashley worked with IBM to upgrade to IBM® Planning Analytics and IBM Cognos® Controller, enabling rapid financial consolidati

Join for free to read