
Fashion retailer New Look snapped up for GBP780m
South African investment firm Brait has agreed to acquire a majority stake in New Look for GBP780m (US$1.23bn), valuing the UK value fashion retailer at GBP1.9bn.

South African investment firm Brait has agreed to acquire a majority stake in New Look for GBP780m (US$1.23bn), valuing the UK value fashion retailer at GBP1.9bn.