All New Look articles – Page 4
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NewsNew Look landlords accuse retailer of inconsistency as CVA teeters
New Look is facing an uphill battle in convincing landlords to vote in favour of its CVA, with many store owners growing increasingly disgruntled about the retailer’s perceived lack of transparency in negotiations.
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NewsNew Look ‘very confident’ of winning CVA support but landlord body hits out
New Look chief executive Nigel Oddy is “very confident” landlords will back the fashion retailer’s proposed CVA – its second in two years.
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NewsNew Look launches CVA following new financing
Under-pressure fashion retailer New Look has unveiled CVA proposals after conducting a £440m debt-for-equity swap and with lender backing.
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NewsNew Look launches CVA and recapitalisation
Embattled fashion retailer New Look has launched a company voluntary arrangement (CVA) in a bid to “rebase” its existing leasing portfolio.
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NewsBoohoo factory scandal: Call for evidence as retailers seek solutions
The barrister running an independent review into Boohoo’s Leicester supply chain, Alison Levitt QC, has made a public call for evidence.
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DataData: M&S to Monzo – the top 50 brands bossing customer experience
In the midst of the coronavirus pandemic, customer needs and behaviours have shifted rapidly in just a few months.
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NewsNew 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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NewsNew 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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NewsHigh 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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OpinionOpinion: 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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NewsCoronavirus: 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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OpinionCoronavirus: 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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NewsReading 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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NewsNew 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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AnalysisAnalysis: 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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NewsNew 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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NewsIceland 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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AnalysisAnalysis: 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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NewsNew 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 LeadersListen: ‘Discrimination is for dinosaurs’
Retail titan Angela Luger (née Spindler) talks confidence, control and the changing role of a chief executive