Mim news and archive

New Look receives a sound offer for Mim

British fashion retailer New Look has received an offer for its loss-making French unit Mim. Chief Executive Anders Kristiansen declined to name the suitor for the Mim business, but said it was an Asian group that already operates in Europe, though not in retail. "We're making good progress, I think it will happen," Krisitiansen said to...

Design

New Look remains silent on offer for French Mim

British fashion retailer New Look is reportedly in discussions with Eastern conglomerate Asia Global for the potential sale of its French Mim label. “New Look confirms that it has received an indicative offer from Asia Global from Mim, its standalone French retail business, and has entered into a period of exclusive discussions with them,”...