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July 28, 2015 10:34 AM ET

Specialty Retail

Company Overview of New Look Group Limited

Company Overview

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

Mercery Road

Weymouth,  DT3 5HJ

United Kingdom

Founded in 1969

12,166 Employees


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
Age: 65
Managing Director of BMD
Head of Property Division
Head of Buying
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

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

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

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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