New Look

New Look posts Q1 profits of £15m

New Look has swung to a £15m adjusted EBITDA profit in the first quarter of FY22, compared with losses of…

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Burberry non-exec director Dame Carolyn McCall resigns

Burberry has announced that Dame Carolyn McCall is set to retire as a non-executive director at the company. McCall will…

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New Look appoints new chief technology officer

New Look has announced the appointment of Ed Alford to the newly created role of chief technology officer (CTO) with…

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New Look faces court battle with landlords over CVA terms

New Look has reportedly entered a High Court battle with four landlords – including British Land and Land Securities –…

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Frasers Group acquires New Look’s Brighton store

Frasers Group has reportedly acquired the freehold of New Look’s Brighton store. According to Drapers, the store located at 188-191…

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Apricot switches to turnover rent after CVA

Apricot, the women’s fashion retailer, has changed the lease agreements for the majority of its UK portfolio to turnover-based rents,…

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New Look completes recapitalisation transaction

New Look has announced the completion of a “comprehensive” financial recapitalisation following the High Court’s sanction of New Look Financing’s…

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Lone Star drops out of Asda race

US private equity firm Lone Star has reportedly dropped out of the £6.5bn race to acquire Asda from Walmart. According…

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Creditors approve New Look CVA

New Look has announced that a CVA proposal launched last month has been approved by the majority of its unsecured…

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New Look landlords to reject CVA

New Look’s biggest landlords have reportedly rejected the retailer’s CVA plan in a move that will “throw its survival into…

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