New Look has appointed ex-House of Fraser CEO Nigel Oddy as chief operating officer, effective 1 April. Oddy spent over ten years at House of Fraser - as chief operating officer between 2010 and 2014

The board of directors of New Look Poland Sp. z o.o. (NLP) has decided to file for insolvency. The company said in a statement that following a review of its financial and trading position, New Look

For the third quarter, group underlying operating profit at New Look reached 38.5 million pounds (49.6 million dollars) compared to underlying operating loss of 5.1 million pounds in the third quarte

British womenswear retailer Monsoon is reportedly asking landlords for rent reductions as it considers “accelerating” store closures. A Monsoon spokesperson told the Mail on Sunday that t

Struggling British retailer New Look may be forced to put itself up for sale in order to complete its refinancing process. A note to bondholders seen by the Guardian on Friday said that in order to f

Struggling British retailer New Look has announced that its Belgium arm is filing for insolvency. The decision to stop the operations of its six Belgium stores was made by the board of directors of N

New York - The British fashion retailer has put its ownership in the hands of its lenders after failing to repay its piling debt, currently at the 1.35 billion pounds mark. The deal will see 72 perce

New Look has announced that it will be shutting 85 of its stores across the country in a bid to improve its profitability, with as many as 120 at risk. In March, the UK retailer announced it would be

New Look Retail Group Limited for the 26 weeks to September 22, 2018, reported improvement in profitability, while revenue declined 4.2 percent to 656.9 million pounds (859 million dollars). New Look

As part of the review of New Look’s international strategy, New Look Retail Group Limited said in a statement that its board of directors has decided to exit its retail business in China. The c

Providing its first quarter update for the period ending June 23, 2018, New Look Retail Group Limited said that revenues were down 2.7 percent to 329.4 million pounds (426.7 million dollars), while N

For the 52 weeks to March 24, 2018, revenue at New Look Group dropped 7.3 percent to 1,347.8 million pounds (1,800 million dollars). New Look brand like-for-like sales were down 11.4 percent, while U

The board of New Look Retail Group Ltd has announced that Sean Dougherty has stepped down from the board with immediate effect. Commenting on the development, Alistair McGeorge, New Look’s Exec

House of Fraser has issued a statement in which it denies all recent media speculation that its future is hanging in balance. The department store group claims its business 'is still on track' as rep

A group of high street landlords is said to be preparing to challenge retailer's company voluntary arrangements, arguing they are being pressured into agreeing to rent reductions. Struggling retailer

The board of New Look Retail Group Ltd has announced the appointment of Paul Gilbert as Non-Executive Director, effective immediately. Commenting on Gilbert’s appointment to the board, Alistair

New Look is in hot water with the size community for appearing to charge a "fat tax" for nearly identical articles of clothing. A pair of pants in their Curve section was found to be marked up f

Following the Brait SE directorate update announcement earlier today, the board of New Look Retail Group Ltd has announced that pursuant to time constraints, Dr Christo Wiese has retired as non-execu

Dr Tim Denison, head of retail intelligence, Ipsos Retail Performance, summarises the reasons why this five-year low has been reached, recalling that “Online retailing has had a seismic impact

London - High street fashion retailer Select proposed Company Voluntary Arrangement (CVA), which counts 183 stores across the UK, has been approved by 94 percent of its creditors. Select reached unan

London - Struggling maternity and baby specialist Mothercare is said to be considering closing a number of its loss-making stores and seeking rent cuts in others as it continues to face difficult tra

The board of New Look Retail Group Ltd has announced that pursuant to his resignation as a director of Brait South Africa Proprietary Limited on March 31, 2018, Alastair Walker has stepped down as a

London - High street retailer Jigsaw is reportedly set to sell a significant stake in its business to the founder of Carphone Warehouse, as it secures a 20 million pound cash injection as part of its

London - Genus UK Ltd, parent company of fashion retailer Select, is the latest high street chain to succumb to difficult trading conditions as it files for company voluntary agreement (CVA). Genus U

New Look has announced that its Company Voluntary Arrangement (CVA) proposal launched on March 7, 2018 has been approved by the company’s creditors and landlords, with 98 percent of votes, whic

Nearly 400 retailers, including big high street chains and heavy weights of British high street fashion names such as New Look, Mothercare, and Debenhams, could struggle to meet higher interest payme

London - New Look is prepared to close up to 60 underperforming stores across the UK in order to keep it from going under, putting 980 jobs at risk, but this may not be enough to turn the struggling

London - New Look is the latest high street retailer to succumb to difficult trading conditions, as the fashion brand confirms its application for a Company Voluntary Agreement (CVA). The struggling

London - High street retailer New Look is seeking to cut its store rents by up to 60 percent as part of a rescue plan to tackle its 1.2 billion pound debt. At the same time the fashion retailer is al

The British retailer continues to explore every possible way to reduce costs and maximise efficiencies in order to put out rising financial woes. Online sales fell by more than 10 percent in the week