Business |UPDATE
New Look seeks up to 60 percent store rent cuts
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 also keen to offload its loss-making stores in the UK as its finance director, Richard Collyer, reaches out to its landlords. New Look is understood...
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