reports
Quarterly Comment: New Look
​Still underperforming the UK market but narrowing the gap in Q3Similarly to the disappointing H1, New Look has published very weak 3Q16/17 results for the period ended December 24, 2016, although the decline in LFL sales improved sequentially (-4.6% in Q3 vs. -8.4% in H1). The group was again pressured by the challenging UK retail market conditions with lower UK consumer confidence and reduced footfall. After missing on a few product categories in H1, New Look has revised its strategy in orde...
NEW LOOK - 3Q15/16 RESULTS
​New Look is a UK fashion retailer positioned in the value segment (which represented c. 30% of the total UK clothing market in 2014). The group primarily focuses on womenswear, for which it ranks 2nd in the UK with a 6% market share (3% market share of the overall UK clothing market). All UK stores are directly operated by New Look (574 stores representing 71% of LTM sales), while about half of the international stores are franchised.
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