All New Look articles – Page 2
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VideoRetail Question Time: Mike Coupe and Maria Hollins on navigating unprecedented times
The cost-of-living crunch, spiralling business costs and Russia’s invasion of Ukraine have created uncertainty and a scale of challenge never experienced by retailers in living memory.
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NewsRetail Week Live 2022: Richard Walker, Jo Whitfield and Mike Coupe join line-up
Iceland boss Richard Walker, Co-op Food chief executive Jo Whitfield and former Sainsbury’s supremo Mike Coupe have joined the jam-packed line-up for Retail Week Live 2022.
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AnalysisHow 10 leading retailers and brands are breaking biases this IWD
This International Women’s Day (IWD) is a celebration of how to collectively #BreakTheBias. Retail and industry executives including Tesco, New Look, Sainsbury’s, The Body Shop, Fujitsu and Retail Trust reflect on the steps they are taking to challenge stereotypes and stamp out inequality.
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OpinionNigel Oddy: ‘Concerns for the planet are as prominent as cost for UK consumers’
The fashion industry has a responsibility to take sustainability seriously, writes New Look chief executive Nigel Oddy
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Be InspiredM&S, Kingfisher and Lidl back major retail I&D programme
Fifteen major retailers and brands have joined forces with Be Inspired, Retail Week’s six-year-old diversity initiative to promote inclusivity across the industry in 2022 and beyond.
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NewsNew Look moves into resale with tech tie-up
New Look has formed a partnership with second-hand platform Re-Fashion in a bid to reduce clothing waste.
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AnalysisAnalysis: Could recycling go mainstream in high street fashion?
Clothing retailers are grappling with the realities of operating more sustainably – could recycling reduce fashion’s huge environmental footprint and what needs to happen for that to be possible?
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OpinionMove of the Week: Retailers shift into recovery mode and shake up top teams
As always during the summer holiday season activity in the jobs market was relatively subdued during August, albeit with one notable exception that I shall come to shortly.
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NewsNew Look appoints former Sainsbury’s boss Mike Coupe as new chair
Former Sainsbury’s boss Mike Coupe is set to succeed Alistair McGeorge as chair of fashion retailer New Look.
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NewsNew Look back in the black following CVA
New Look has returned to profit despite the impacts of the pandemic on physical stores.
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NewsNew Look boss looks to the future after winning landlord legal battle
New Look boss Nigel Oddy has said Monday’s favourable high court ruling will allow the retailer to put the fraught legal fight with some of its landlords behind it and focus on rebuilding for the future.
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Retail Navigator AnalysisNew Look (SWOT)
New Look has significant appeal beyond its prime younger demographic, with women in their later 20s and 30s also well represented in the customer profile.
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Retail Navigator AnalysisNew Look (Strategy)
New Look said its approach to FY2022 was “one of caution and prudence, focusing on our core business and cost control, while protecting investments in key strategic priorities”. This included setting “prudent expectations for unit volumes sold, while implementing carefully considered price increases”. The retailer said this approach was necessary to “help combat the cost inflation” as well as containing activity levels through its distribution centre (DC) and avoiding terminal stock issues.
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Retail Navigator AnalysisNew Look (Overview)
New Look is an omnichannel and value-led fast-fashion retailer with just over 400 stores across the UK and Republic of Ireland, as well as an ecommerce business which serves more than 50 markets.
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Retail Navigator AnalysisNew Look (Financials)
Against a challenging trading backdrop, total New Look sales edged up 0.6% to £844.7m in the year to end-March 2023, with gross sales including concessions rising 2.3% to £895.1m. The retailer slumped into the red at the operating level, posting a £53.1m loss, while pre-tax losses widened from £25.5m to £87.8m.
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NewsNew Look CVA faces court challenge by landlords
New Look has entered a High Court battle with retail landlords over its proposed restructuring plans.
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AnalysisRetailers wary of April 12 timeframe for store reopening
Retailers have voiced disappointment that they will not be able to fully open their doors again before April 12 and concerns about the possibility of the post-lockdown timeframe changing again.
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NewsLeading retailers pledge to take action on diversity and inclusion in 2021
Following a year where business’ D&I agendas have come under scrutiny, 16 brands including M&S, New Look and Sainsbury’s Argos have partnered with Retail Week’s Be Inspired programme to promote diversity and empower their teams.
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NewsNew Look completes financial restructuring
New Look has completed a major recapitalisation of its finances.
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Opinion‘Landmark CVA vote must usher in a New Look for retail rents’
One line stood out in New Look chief executive Nigel Oddy’s statement this afternoon after creditors rubber-stamped its controversial company voluntary arrangement (CVA).