SnapShop Retailer Directory Search

You are here: Home | Blog | Retailer Spotlight – New Look

SnapShop Blog

Retailer Spotlight – New Look


Posted At: 08 June 2016 00:58 AM
Related Categories: Retail, Retailers


Having started life a teen fashion retailer in 1969, New Look has come a long way since its humble beginnings; from upping its game to offer clothing to a more mature woman, branching out into menswear and standalone men’s stores, and expanding internationally. All things of which have led to New Look to report a significant year in its latest accounting period.

For the year to the end of March, New Look reported underlying profits of £174.7m on the back of sales of £1.5bn; an improvement driven by multichannel, menswear and “continued success” in China. Online sales soared for New Look, with own website sales up 27.9% for the year and third party online sales increasing 41.8%.

The year saw New Look open six standalone menswear stores, and a further two stores since year end – all of which are “trading well” - and New Look is on track to open 20 new stores by the end of March 2017.

China has certainly been a success story for New Look where it has opened a further 66 stores over the past year, and it now trades from 92 stores in the region having opened another seven stores since the end of March. The next year will see New Look open another 50 shops in China where demand for its product is high.

Having been sold to Brait in May 2015, New Look has certainly flourished over the past year, making continued progress against its strategic initiatives to develop into a truly global brand.

Comments Comments (0) Twitter Twitter


There are no comments for this entry.

Add a Comment:

Please Note: Comment moderation is enabled. Your comment will not appear until approved. Although we ask for your email address for verification purposes, only the name you enter will show against your comment.

Name *
Email Address *  
Comments *
The opinions expressed herein are the personal opinion of the author and are not intended as statements of fact and do not represent the view of SnapShop or Pragma in any way.


Enter your email address below
to receive SnapShop blogs
straight to your inbox.

Blog Roll:

Hurlbut & Associates
Insight-Driven Retail Blog
James Hall, Telegraph
Marketing Cloud Blog
Retail Consultancy Blog
Retail Contrarian
Retail Technology Blog
Retail Week Comment
Spotlight on German Retail

Archives By Category:

Administrations (71)
And Finally (22)
Christmas (5)
Co-operative Retail (1)
Environmental (6)
E-tailing (13)
Finance & Investment Management (3)
FSP News (4)
Future of Retailing (24)
General (63)
Jane Norman (1)
Media (4)
Retail (137)
Retail Marketing (3)
Retail Property (12)
Retail Statistics (40)
Retail Suppliers (8)
Retailer At Risk (6)
Retailers (193)
SnapShop Developments (3)
Social Commentary (34)
Store Closures (22)
Town & Shopping Centre Management (14)
Womenswear Retailer (3)

Recent Entries:

Retailer View - Weird Fish
Retailer View - Monki
Retailer View - Boden
Retailer View - The Entertainer
Retail Update - November 2018

Recent Comments:

Retail Spotlight – The changing face of leisure
Really interesting sector changes you've highlighted. We have also noticed a sharp rise in the 24 ho... more
Cost of Cash Set to Rise
We have seen growing investment amongst retail clients wanting to get ahead of this trend. it will ... more
And Finally - Surreal
Does my app look big in this, hehe, got to try the Ann Summe... more
Who's next?
Thanks Dave. Sports Direct International has very strong leadership and its accounts have been recor... more
Who's next?
Interesting stuff, it doesn't look like long before they will go under. Any ideas on why sports dire... more
Twitter LinkedIn
Privacy PolicyTerms of Use

Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how customers use our website.
Our site won't work without them. By continuing to use our website you accept our use of cookies. Find out more about cookies. ×