New Look Retailers Ltd

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New Look gains financial strength with debt refinancing Michelle Russell | 11 Nov 20

UK fashion retailer New Look has completed its debt refinancing, allowing the company more financial strength to execute on its strategy.

New Look CVA gets the green light Beth Wright | 15 Sep 20

New Look has announced its company voluntary arrangement (CVA) has been approved by the required majority of its unsecured creditors.

New Look reaches out to landlords to back restructuring plan Hannah Abdulla | 9 Sep 20

UK fashion retailer New Look is calling on its landlords to back its restructuring plans after failing to attract a buyer.

New Look launches sale process as it prepares CVA Beth Wright | 14 Aug 20

UK fashion retailer New Look is seeking a buyer and is preparing to launch another company voluntary agreement (CVA) as it tries to restructure its business.

Global retail closures as coronavirus spreads – Update just-style | 15 Apr 20

A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. 

New Look halts supplier payments and new orders Hannah Abdulla | 6 Apr 20

New Look has suspended payments to its suppliers indefinitely as it works to navigate the Covid-19 crisis.

Speed-to-market and cost control boosts New Look Q3 Michelle Russell | 11 Feb 20

Improved speed-to-market, fewer promotions and cost control helped UK fashion retailer New Look narrow its losses in the third quarter, but ongoing consumer uncertainty and seasonal volatility hit revenues.

New Look taps former Bonmarché boss Beth Wright | 10 Jan 20

Former Bonmarché boss Helen Connolly is to join New Look as chief commercial officer where she will work with CEO Nigel Oddy to enhance the UK fashion retailer's product offer and sourcing strategies.

New Look promotes Nigel Oddy to CEO Beth Wright | 13 Dec 19

UK fashion retailer New Look has promoted Nigel Oddy to CEO, seven months after he joined the business as chief operating officer.

Brands still failing to deliver on responsible viscose sourcing Michelle Russell | 20 Nov 19

A new report has found that while the issue of responsible viscose production is now firmly on the agenda of the fashion industry, there are still brands and retailers failing to deliver on responsible sourcing.

New Look narrows H1 loss but sales continue to fall Beth Wright | 12 Nov 19

New Look narrowed its losses in the first half of the year but like-for-like sales continued to decline, with the retailer blaming the fall on ongoing consumer uncertainty and seasonal volatility.

New Look narrows Q1 loss but sales slide Beth Wright | 11 Sep 19

New Look remains confident in its turnaround strategy after the UK fashion retailer narrowed its loss in the first quarter, despite sales continuing to fall. 

New Look registers ranges with the Vegan Trademark Beth Wright | 21 Aug 19

UK fashion retailer New Look has become the first high-street fashion retailer to register ranges with The Vegan Society's Vegan Trademark, amid a commitment to change its components and reduce reliance on animal-derived ingredients.

New Look returns to FY profit but sales slide Beth Wright | 25 Jun 19

The turnaround strategy at New Look appears to be paying off after the UK fashion retailer returned to underlying profitability in its last full year, yet the company admits there is still more work to do. 

New Look founder Tom Singh to retire Beth Wright | 7 Jun 19

New Look has announced its founder, Tom Singh, is to retire following the reduction of its debt burden by about GBP1bn (US$1.31bn).

New Look financial restructuring cuts debt by GBP1bn Beth Wright | 7 May 19

UK fashion retailer New Look has hailed a "significant milestone" in its turnaround process, having reduced its debt burden by about GBP1bn (US$1.31bn).

New Look to make menswear online-only category Beth Wright | 9 Apr 19

UK fast fashion retailer New Look has confirmed it is to stop selling menswear in its stores in the UK and Ireland and will instead make the range solely available on third-party online platforms such as Asos and Zalando.

Retailer New Look to wind down Poland operations Beth Wright | 19 Mar 19

New Look has announced its Poland division has filed for insolvency, just two months after the UK fast fashion retailer wound up its operations in Belgium. 

New Look eyes investment for French store estate Beth Wright | 5 Mar 19

New Look has launched a process to seek new investors for its stores in France as the UK fast fashion retailer continues to review its performance in international markets.

New Look moves to Q3 profit but more work still required Beth Wright | 13 Feb 19

UK fashion retailer New Look says it continues to make good progress on its turnaround plan, with a return to broad appeal product, improved supply chain lead-times, and cost reductions giving a much-needed boost to third-quarter profit.

New Look to wind down Belgium operations Beth Wright | 18 Jan 19

The Belgium division of New Look has filed for insolvency as the UK fast fashion retailer continues to review its performance in international markets.

New Look reveals plan to slash debt by GBP1bn Beth Wright | 14 Jan 19

UK fashion retailer New Look has reached a "critical step" in its turnaround plans after reaching an agreement in principle with its key financial stakeholders to cut its debt by GBP1bn (US$1.3bn) and raise GBP150m in new capital to boost the business.

Brands take action to end modern slavery in UK factories Michelle Russell | 13 Nov 18

John Lewis, M&S and Next Plc are among a raft of British fashion retail giants to have signed a joint agreement with enforcement bodies to try to combat the exploitation of workers by UK fashion and textile manufacturers.

New Look ups store closures to 85 Hannah Abdulla | 8 Nov 18

New Look currently remains in negotiations over a further 13 stores as to whether they will remain operational or close. 26 stores are trading rent-free where New Look and the landlord have the right to terminate leases.

New Look returns to profit in H1, sales continue to tumble Beth Wright | 6 Nov 18

Following what one analyst called a "shocking" twelve months, UK-based fashion retailer New Look has returned to profitable sales in the first half of the year as its focus on cutting costs pays off.

New Look to exit China retail amid poor performance Hannah Abdulla | 18 Oct 18

UK-based fashion retailer New Look has confirmed it is to exit its retail business in China where "performance has been below expectations."

New Look hails "green shoots" in Q1 Beth Wright | 7 Aug 18

Struggling UK fashion retailer New Look has hailed "encouraging green shoots" in the performance of its womenswear business during the first quarter, and says it made good progress in stabilising profits during the period following a difficult year. 

New Look FY results show a "disastrous" year Beth Wright | 12 Jun 18

New Look has swung to a full-year loss amid tumbling sales at its stores and online in what one analyst calls a "disastrous" year for the UK fashion retailer.

Bank withdraws New Look supplier credit protection Michelle Russell | 18 Apr 18

UK fashion retailer New Look insists it has adequate financial liquidity to operate effectively, despite reports credit protection has been withdrawn from a handful of its suppliers.

Top stories this week on just-style... Beth Wright | 23 Mar 18

Top stories this week on just-style include a look at the punitive tariffs President Donald Trump is preparing to impose on Chinese imports into the United States – which could include apparel and footwear – and the potential winners and losers in the global garment trade, how Vietnam's apparel sector is set to reap the benefits oft he Comprehensive and Progressive Pacific Partnership (CPTPP), and former New Look CEO Anders Kristiansen is to replace Esprit chief Jose Martinez later this year.










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