Iceland and New Look investor Brait eyes assets sale

Iceland investor Brait aims to realise assets

Brait, a leading shareholder in retailers Iceland and New Look, aims to realise its investments within five years.

Brait revealed its plans alongside a financial restructuring as it seeks to put itself on a firm financial footing in the wake of difficulties that afflicted it.

Brait, which is also an investor in Virgin Active, had formerly acted as a “long-term investment holding company”.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.