Company Overview of New Look Group Limited
New Look Group Limited operates as a fashion retailer in the United Kingdom. It also engages in property holding and rental, as well as logistics and freight management. The company is based in Weymouth, the United Kingdom. New Look Group Limited is a subsidiary of Hamperwood Limited.
New Look House
Weymouth, DT3 5HJ
Key Executives for New Look Group Limited
Chief Executive Officer and Director
Chief Financial Officer and Director
Chief Creative Officer, Managing Director of Bmd and 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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