Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Sales down at New Look as warm weather strikes again

New Look reported a 1.7% drop in sales for the three months to December 27 as the warm autumn weather hits another high street retailer.

Sales in the UK dropped 1% for the period however online sales soared 28.6% during the quarter.

Anders Kristiansen, chief executive of the retailer, said the business showed a “robust performance” against a “challenging backdrop”.

Profit before tax was up 28% for the 13 weeks.

“Although October and November were affected by unseasonably warm weather, we grew market share in the period and our Christmas trading figures are testament to the quality of our product and the continued investment made in our multichannel offer, both in-store and online.”

Christmas trading was strong with like-for-like sales up 4.1% for the seven weeks to January 3.

The retailer said the return of colder weather in January has supported the clearance of Sale stock.

“As a Group we remain well positioned as we continue to deliver against our strategic initiatives of brand, global expansion, multichannel, menswear and product development.”


Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.