New Look New Chairman
By FashionUnited
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British high-street fashion retailer, New Look, has appointed a new chairman. Richard Lapthorne will be joining the company from the telecommunications giant Cable & Wireless, where he currently serves as chairman. This new development has stirred up suspicion that the company may be returning to the stock market. New Look was purchased - and taken private - by a private equity consortium in 2004 for GBP 700 million.