Company Overview of New Look Group Limited
New Look Group Limited operates and franchises a chain of fashion retail stores in the United Kingdom, mainland Europe, the Middle East, Asia, and internationally. It offers a range of apparel and footwear products. The company provides products to suit the personal style of men, women, and teens, as well as maternity and plus size categories. It also serves customers online. The company was founded in 1969 and is based in Weymouth, United Kingdom with subsidiary store operations in France and Belgium.
New Look House
Weymouth, DT3 5HJ
Founded in 1969
44 13 0576 5000
44 13 0576 5001
Key Executives for New Look Group Limited
Chief Executive Officer and Director
Founder and Non-Executive Director
Head of Property Division
Compensation as of Fiscal Year 2015.
New Look Group Limited Key Developments
New Look Appoints John Gnodde as Non-Executive Chairman; Confirms Refinances its £1 Billion Debt
Jun 26 15
New Look has finalized the sale of the business to private equity firm Brait and appointed John Gnodde, chief executive of Brait, as non-executive chairman. Gnodde replaces Paul Mason, former chief executive of Asda and the current chairman of Cath Kidston, on the board.
The company confirmed that it had successfully refinanced its £1 billion debt, which optimizes its capital structure, reduces costs, extends maturities to 2022 and eliminates the company's former PIK loans.
New Look Announces Earnings Results for the Full Year Ended March 28, 2015
Jun 2 15
New Look announced earnings results for the full year ended March 28, 2015. For the year, revenue was £1,414.5 million against £1,368.0 million for the same period in the last year. Group adjusted EBITDA was £212.4 million against £204.2 million for the same period in the last year. Underlying operating profit was £153.2 million against £141.0 million for the same period in the last year. Profit before tax was £50.6 million against £20.7 million for the same period in the last year. Free cash flow was £147.0 million against £145.4 million for the same period in the last year.
Sir Terry Leahy's Firm In Talks With Chinese Buyers For £2 Billion New Look Bid
May 5 15
Clayton, Dubilier & Rice, Inc. is in talks with CDH Investments about putting together a £2 billion bid for New Look Group Limited, as reported.
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