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New Look completes listing on the International Stock Exchange

By Prachi Singh

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Business

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 September 23, 2017, revenues at New Look declined 4.5 percent to 686 million pounds (902 million dollars), while the company posted underlying operating loss of 10.4 million pounds (13.6 million dollars) compared to underlying operating profit of 59.3 million pounds (78 million dollars) last year.

According to its website, New Look operates 593 stores in the UK and over 297 across Europe, China and Asia and it website Newlook.com now ships to around 120 countries world-wide generating 16 percent of sales.

Picture:New Look website

New Look