As the effects of coronavirus hit the high street with the collapse of Laura Ashley, money.co.uk comments.
Salman Haqqi, personal finance expert at money.co.uk, said: "After many months of speculation the fears of Laura Ashley's UK staff and loyal customers have been confirmed, as administrators have been instructed to take over the business.
"It's sad but not surprising news, as we know they are one of the many household high street brands that have struggled to make ends meet in the current retail climate.
"Clearly COVID-19 has had a role to play here too, with potential customers worried about going out and doing non-essential shopping - the fashion and homeware chain has even said it has filed for administration after rescue talks were thwarted by the coronavirus pandemic.
"It's undoubtedly distressing news for employees of Laura Ashley and their families especially in such worrying times. Now is the time to check what redundancy rights you have and dig out any income or mortgage protection policies you hold, just in case.
"It's currently unknown whether or not Laura Ashley will honour gift vouchers and refunds now administrators have been called in. It isn't illegal for them to refuse refunds so if you were hoping to return any goods you may be in for a lengthy battle to get your money back."
Employees worried about their redundancy rights should read the money.co.uk guide for more information.
For customers worried about their rights now that Laura Ashley has gone into administration, read the money.co.uk guide for more information.