New Look is a British multichannel retailer, selling womenswear, menswear and clothing for teens. Founded in 1969 in Taunton, Somerset by Tom Singh, the retailer has grown internationally since its ...
Previously, the company reduced its store portfolio twice within six years. A spokesperson for New Look acknowledged the wave of store closures but emphasised that it's not entirely bleak news.
Roughly a quarter of New Look's 364 locations in the UK could be at risk of closing down after the company reported a pre-tax loss of £3.7 million on sales of £735.4 million, The Times reports.
The closures are expected to impact a workforce of around 8,000 people; previously, the company reduced its store portfolio twice within six years. A representative for New Look urged that it ...
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