Tag : New Look
Moody's upgrades New LookSubscription
Credit ratings agency Moody’s has upgraded New Look’s corporate family rating and probability of default rating, following the completion of its restructuring plan.
New Look successfully slashes debtSubscription
New Look has slashed its long-term debt by 80% from £1.4bn to £350m and repaid its £80m bridge facility.
A new start for New LookSubscription
With retail veteran Nigel Oddy driving operations, a lighter debt load, and a leaner store estate and menswear offer, the fast fashion retailer is primed for a resurgence.
New Look’s managing director of group operations Dan Monaghan will leave the business later this year as executive chair Alistair McGeorge streamlines the company’s management structure.
New Look to axe menswear from storesSubscription
New Look will remove menswear from its UK and Irish stores for autumn 19 to make the category an online-only offering, Drapers can reveal.
Over the past few years, there have been a number of unexpected appointments to the top rungs of traditional fashion retailers, as they have sought to break away from accepted thinking.
Nigel Oddy to join New Look Subscription
Former House of Fraser chief executive Nigel Oddy will join New Look as chief operating officer on 1 April, Drapers can exclusively reveal.
New Look Poland files for bankruptcy Subscription
New Look Poland has filed for bankruptcy, putting 130 jobs at risk.
New Look France seeks buyers for storesSubscription
New Look’s French arm is seeking buyers for its 30 stores, as it faces continued difficult trading.
New Look back in the blackSubscription
New Look has reported a return to operating profit as its turnaround plan continues and it prepares to refinance.