All New Look articles – Page 2
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Opinion
'Difficult trading conditions offer a good opportunity to accelerate renewal'
While many retailers will approach uncertain conditions by looking to reduce costs and scale back, arbitrarily cutting investment is not a long-term approach, believes Lisa Hooker
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News
Matalan names Nigel Oddy as interim chief executive as it searches for buyer
Matalan has appointed retail veteran Nigel Oddy as chief executive on an interim basis, while founder and chair John Hargreaves is to step down.
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News
New Look names chief executive to replace Oddy
Fashion retailer New Look has promoted Helen Connolly to become chief executive, succeeding Nigel Oddy.
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News
New Look chief executive Nigel Oddy steps down
New Look boss Nigel Oddy has confirmed plans to exit the business.
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Video
Retail Question Time: Mike Coupe and Maria Hollins on navigating unprecedented times
The cost-of-living crunch, spiralling business costs and Russia’s invasion of Ukraine have created uncertainty and a scale of challenge never experienced by retailers in living memory.
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News
Retail Week Live 2022: Richard Walker, Jo Whitfield and Mike Coupe join line-up
Iceland boss Richard Walker, Co-op Food chief executive Jo Whitfield and former Sainsbury’s supremo Mike Coupe have joined the jam-packed line-up for Retail Week Live 2022.
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Analysis
How 10 leading retailers and brands are breaking biases this IWD
This International Women’s Day (IWD) is a celebration of how to collectively #BreakTheBias. Retail and industry executives including Tesco, New Look, Sainsbury’s, The Body Shop, Fujitsu and Retail Trust reflect on the steps they are taking to challenge stereotypes and stamp out inequality.
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Opinion
Nigel Oddy: ‘Concerns for the planet are as prominent as cost for UK consumers’
The fashion industry has a responsibility to take sustainability seriously, writes New Look chief executive Nigel Oddy
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Future Leaders
M&S, Kingfisher and Lidl back major retail I&D programme
Fifteen major retailers and brands have joined forces with Be Inspired, Retail Week’s six-year-old diversity initiative to promote inclusivity across the industry in 2022 and beyond.
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News
New Look moves into resale with tech tie-up
New Look has formed a partnership with second-hand platform Re-Fashion in a bid to reduce clothing waste.
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Analysis
Analysis: Could recycling go mainstream in high street fashion?
Clothing retailers are grappling with the realities of operating more sustainably – could recycling reduce fashion’s huge environmental footprint and what needs to happen for that to be possible?
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Opinion
Move of the Week: Retailers shift into recovery mode and shake up top teams
As always during the summer holiday season activity in the jobs market was relatively subdued during August, albeit with one notable exception that I shall come to shortly.
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News
New Look appoints former Sainsbury’s boss Mike Coupe as new chair
Former Sainsbury’s boss Mike Coupe is set to succeed Alistair McGeorge as chair of fashion retailer New Look.
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News
New Look back in the black following CVA
New Look has returned to profit despite the impacts of the pandemic on physical stores.
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News
New Look boss looks to the future after winning landlord legal battle
New Look boss Nigel Oddy has said Monday’s favourable high court ruling will allow the retailer to put the fraught legal fight with some of its landlords behind it and focus on rebuilding for the future.
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Retail Navigator Analysis
New Look (People)
New Look’s chief commercial officer Helen Connolly took on the role of CEO in June 2022 after Nigel Oddy left the business following its financial restructuring and return to profitability. Former Sainsbury’s boss Mike Coupe was appointed as executive chair in September 2021, succeeding Alistair McGeorge.
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Retail Navigator Analysis
New Look (Overview)
New Look is an omnichannel and value-led fast-fashion retailer with around 385 stores across the UK and Republic of Ireland, as well as an ecommerce business which serves more than 50 markets.
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Retail Navigator Analysis
New Look (SWOT)
New Look has significant appeal beyond its prime younger demographic, with women in their later 20s and 30s also well represented in the customer profile.
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Retail Navigator Analysis
New Look (Financials)
Sales at New Look decreased 8.9% to £769.2m in the 53-week period ended 30 March 2024 (FY2023). Gross sales (which include £48.2m of concessions income) fell 8.7% or £77.7m to £817.4m.
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News
New Look CVA faces court challenge by landlords
New Look has entered a High Court battle with retail landlords over its proposed restructuring plans.