New Look
This coverage explores New Look’s strategy and performance in the UK retail sector, focusing on store operations, product development, marketing campaigns, financial results, and leadership decisions. Reporting highlights how New Look responds to changing consumer trends and competitive pressures — providing insight for executives, managers, and professionals in fashion, merchandising, and retail operations.
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Aug- 2020 -21 AugustHigh Street
Ex-Asda and Debenhams chiefs in rival £6.5bn bids for Asda
Retail bosses Paul Mason and Rob Templeman are reportedly set to launch rival £6.5bn bids for supermarket giant Asda. According to Sky News, the former Asda and Debenhams chief executives are being lined up to front bids from Apollo Global Management and Lone Star Funds respectively. It comes after Walmart,…
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14 AugustClothing & Shoes
New Look to secure £40m of funding
New Look has agreed a deal with its creditors to secure an additional £40m of funding to help ride out the covid-19 pandemic. Under the terms, New Look said it will have funding to provide a sustainable platform for post-Covid trading and enable the group to invest in, and deliver,…
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11 AugustClothing & Shoes
New Look eyes second CVA deal
Embattled fashion retailer New Look is reportedly planning to launch a second CVA that will ask its landlords to switch to a turnover-based rent system. According to reports it is set to appoint ‘Big Four’ accountancy firm Deloitte to negotiate with over 450 landlords across its 480 store estate. It…
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Jun- 2020 -25 JuneNews
The Mall Maidstone appoints Gavin Cockayne as general manager
Capital and Regional and The Mall Maidstone have announced the appointment of Gavin Cockayne as the new general manager, succeeding Andy Davy, who is retiring from the company after 11 years. Cockayne has over 20 years experience in the retail industry, working with a number of major UK retailers in…
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22 JuneComment
The perfect storm?
There is something of a ‘perfect storm’ for our town centres… Fewer shops trading than a few months ago, big brands announcing further closures, plans already on the table for repurposing retail space no longer viable, travel restrictions making it harder for people to reach town centres, now fewer people…
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11 JuneComment
Retail experience will never be the same
While COVID-19 has had a devastating impact on the UK’s retail sector, it should not come as a surprise to see the high street in peril. Even prior to the outbreak, retailers had endured a torrid twelve months – a poor Christmas period had led into a traditionally weaker opening…
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4 JuneClothing & Shoes
New Look enters talks with landlords seeking turnover-based rent
High street retailer New Look has reportedly entered talks with its landlords about switching to a turnover-based rent system. According to Sky News, New Look has appointed the property agents CBRE and CWM to negotiate terms for its 500 store portfolio across the UK. Reports also suggest that if the…
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May- 2020 -12 MayComment
The impact of extended returns policies for retailers and customers
Many retailers have announced that they will be extending their returns policies to help customers adapt to the current situation. Coronavirus has certainly forced businesses to make critical decisions over a very short space of time, with the ability to engage in normal shopping practices removed and adaption required immediately.…
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Apr- 2020 -1 AprilPeople Moves
New Look appoints Stuart MacKenzue as non-executive director
New Look has announced the appointment of Stuart MacKenzie to its board of directors, as a non-executive member, amid the coronavirus outbreak. Mackenzie first joined New Look in 2015, where he held the role of non-executive chairman and became a non-executive director in 2017. As a board member, Gnodde also…
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Mar- 2020 -25 MarchHigh Street
New Look asks landlords for three-month rent holiday
High street fashion retailer New Look has asked its landlords for a three month rent holiday as it looks to reduce costs during the coronavirus outbreak. In a trading update, the retailer revealed a series of measures focused on preserving cash, maximising liquidity, managing working capital. The measures include: Significantly…
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