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Tag: New Look

Brait to put New Look, Virgin Active and Iceland stakes up for sale | Business

The Iceland supermarket chain, gym group Virgin Active and a big stake in fashion chain New Look, are to be put up for sale by their South African owner as it attempts to cut its debts. The controlling stakes in Iceland and the Virgin gym business and the slice of New Look are owned by …

Brait to put New Look, Virgin Active and Iceland stakes up for sale | BusinessRead More

New Look blames poor sales on weak consumer spending and bad weather | Business

New Look has blamed a steep fall in sales on weak consumer spending and mild autumn weather, which knocked demand for its winter clothing ranges. The chief operating officer, Nigel Oddy, said the 7.4% drop in first-half like-for-like sales reflected ongoing consumer uncertainty and seasonal volatility. Sales picked up over the summer months but fell …

New Look blames poor sales on weak consumer spending and bad weather | BusinessRead More