New Look Retailers Ltd

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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.

New Look CVA approved, 980 jobs and 60 stores at risk Beth Wright | 22 Mar 18

New Look has announced its company voluntary arrangement (CVA) has been approved by an overwhelming majority of its creditors – a move that means 60 stores are due to close resulting in up to 980 redundancies.

Ex-New Look boss to replace Martinez as Esprit CEO Beth Wright | 21 Mar 18

Hong-Kong-based fashion brand Esprit has announced its CEO Jose Martinez is to step down later this year and will be replaced by former New Look chief Anders Kristiansen.

New Look puts 980 jobs at risk under rescue plan Beth Wright | 7 Mar 18

New Look has announced plans to go into a company voluntary arrangement (CVA) that would see the UK fashion retailer shutter 60 stores and seek to reduce rental costs in a move that could put up to 980 jobs under threat. 

New Look looks to cut costs amid sales declines Michelle Russell | 6 Feb 18

New Look's nine-month results have left analysts with little positivity for 2018 following a drop in revenues and plans to cut costs, reignite product appeal and re-engage with customers in a bid to salvage its falling UK clothing market share.

New Look under pressure as supplier cover withdrawn Michelle Russell | 8 Jan 18

UK fashion retailer New Look may be forced to pay for product shipments upfront or accept more onerous payment terms following the withdrawal of credit insurance to many of its suppliers – in a move that will spark fresh concerns over its finances.

Primark taps ex-Zara product chief to lead womenswear Beth Wright | 3 Jan 18

Value clothing retailer Primark has confirmed to just-style former Zara product boss, Paula Dumont López,is to join the company as head of its womenswear division.

New Look now among the disrupted, swings to H1 loss Beth Wright | 7 Nov 17

New Look is no longer a retail disruptor, but instead among the disrupted, according to one analyst, as the UK value fashion retailer swung to a half-year loss amid what it called "another tough period of trading".

New Look scraps plan to hire chief creative officer Beth Wright | 12 Sep 17

In a U-turn announcement, UK fashion retailer New Look says former Zara head of product, Paula Dumont López, will no longer be joining the company as chief creative officer (CCO).

New Look chief steps down amid sliding sales Beth Wright | 1 Sep 17

New Look CEO Anders Kristiansen has stood down after almost five years at the helm of the fashion retailer, acknowledging it is the "appropriate time" for a change of leadership.

UK manufacturing held back by poor factory safety Hannah Abdulla | 24 Aug 17

Bosses at fashion retailers Asos and New Look have called on British factories to improve worker safety so they can consider sourcing more clothing in the country rather than offshore.

New Look moves to loss amid "disappointing" Q1 Beth Wright | 8 Aug 17

UK fashion retailer New Look said, as expected, the UK market remained "difficult" in the first quarter, resulting in a "disappointing" period of trading which saw sales slip and net loss widen.

New Look taps former Zara product chief as CCO Beth Wright | 27 Jun 17

UK fashion retailer New Look has named former Zara product boss, Paula Dumont López, as chief creative officer (CCO).









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