All New Look articles – Page 4
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News
New Look mulls pre-pack administration in bid for turnover-based rents
Struggling fashion retailer New Look is threatening landlords with a potential pre-pack administration in a bid to move its store estate over to turnover-based rents, Retail Week can reveal.
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News
New Look in crunch talks over ‘radical’ switch to turnover-based rents
New Look is pressing its landlords to make a “radical” switch to turnover-based rents as it seeks to slash its property bills amid the coronavirus crisis.
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News
High street fashion ‘mystery boxes’ sold to help factory workers
Fashion app start-up Mallzee has launched a mystery clothing box service, Lost Stock, selling well-known fashion brands to help tackle the issue of cancelled stock and its impact on Bangladeshi workers.
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Opinion
Opinion: Supporting suppliers now will pay dividends tomorrow
The coronavirus pandemic has not only decimated retailers’ performance, its effects are being felt by the industry’s suppliers too.
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News
Coronavirus: DFS chiefs to take pay cut and New Look pauses production to address impact
Furniture retailer DFS and fashion group new Look have revealed a range of initiatives designed to address the impact of store closures and business disruption because of the coronavirus outbreak.
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Opinion
Coronavirus: Cash, agility and customer focus will mark retail’s winners
The likely collapse into administration of Laura Ashley is not solely the result of coronavirus. The pandemic was sadly the last nail in the coffin of a retailer that has struggled to appeal to shoppers for some time.
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News
Reading shopping centre owner wins permission for residential development
The owner of Reading’s Broad Street Mall shopping centre has gained planning permission to add new retail space as well as residential accommodation as part of its regeneration project.
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News
New Look cuts quarterly losses with ‘robust’ performance
Fashion retailer New Look reduced losses in its third quarter, helped by cost control and lower markdown activity.
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Analysis
Analysis: The biggest hires and fires of 2019
As 2019 draws to a close, Retail Week takes a look back at all the hires and fires that have made shockwaves in the retail sector this year.
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News
New Look reshuffles top brass as Oddy named chief executive
New Look has reconfigured the makeup of its senior leadership team, appointing Nigel Oddy as its new chief executive as well as naming a new non-executive chair.
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News
Iceland and New Look investor Brait eyes assets sale
Brait, a leading shareholder in retailers Iceland and New Look, aims to realise its investments within five years.
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Analysis
Analysis: New Look sales are under pressure but profit is priority
Value fashion retailer New Look’s first-half figures showed signs of progress in its recovery following last year’s CVA and resulting financial restructuring.
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News
New Look losses narrow despite falling sales
New Look posted narrowed losses during its half-year results following an “incredibly busy” year.
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Future Leaders
Listen: ‘Discrimination is for dinosaurs’
Retail titan Angela Luger (née Spindler) talks confidence, control and the changing role of a chief executive
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Analysis
Analysis: Why are UK retailers coming off Alibaba’s Tmall?
Alibaba’s Tmall platform has been heralded as the gateway to sell to the Chinese consumer, but many notable British brands have left it in recent years. Retail Week looks into why.
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News
New Look profits decline as first-quarter sales slump
New Look has recorded a decline in profits exacerbated by falling sales, but has said that current trading is showing green shoots of growth.
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News
Retailers make ‘significant progress’ to cut carbon emissions
Several leading retailers have reduced their impact on the environment as part of the BRC’s ‘Better Retail Better World’ initiative.
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Analysis
Analysis: Why New Look and Carpetright’s CVAs are working
Despite their recent surge in popularity for cash-strapped retailers, CVAs are known to be a notoriously unreliable way of saving a business.
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News
New Look celebrates return to ‘underlying profitability’
New Look is back in the black on an underlying basis after its turnaround programme bore fruit.
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News
New Look hires boardroom big-hitters as founder Singh steps down
Fashion retailer New Look has bolstered its board with a raft of big names and founder Tom Singh is to retire.