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 plus 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

After announcing the departure of Danny Barrasso, managing director UK & ROI, New Look has scrapped a 12 million pounds (16.6 million dollars) pay scheme, announced in 2015, states a This is Mone

The board of New Look Retail Group Ltd has announced the resignation of Danny Barrasso, Managing Director UK & ROI, who will be leaving the company effective February 9, 2018. The company also an

Bondholders of New Look have appointed Rothschild investment bank to protect their interests in case the financial struggles the company is going through provoke a corporate overhaul. The market ex

London - New Look employees were dealt a harsh blow as a list of potential stores pegged for closure began circulating. A list of 49 New Look stores apparently up for closure or lease renegotiations

London - Potential buyers are understood to be moving in on New Look, after its ongoing financial crisis leave the high street fashion retailer a prime takeover candidate. Prospective buyers are mull

High street fast fashion chain New Look is reported to be considering a 10 percent reduction of its home market’s physical network, as its financial issues deepen. Sources close to the matter

London - High street retailer New Look has canceled plans to move its headquarter to a new location in London after facing increasing financial pressure. New Look was set to relocate its headquarters

London - New Look high street woes are only set to deepen, as credit insurers have reportedly pulled their coverage against insolvency to its suppliers. Insurers such as Euler Hermes have pulled thei

New Look Retail Group has confirmed that the listing on the official list of the International Stock Exchange and de-listing from the Luxembourg Stock Exchange has been completed. For the 26 weeks to

For the 26 weeks to September 23, 2017, revenues at New Look declined 4.5 percent to 686 million pounds (902 million dollars). New Look brand like-for-like sales also decreased 8.6 percent. The compa

London - High street fashion retailer New Look has axed close to 400 store management roles following a redundancy consultation. The consultation, which affected 1,000 out of the retailer’s 19,