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New Look Fails to Find Buyer, Leaving Fate of 496 Stores to Landlords

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New Look’s future is as uncertain as ever as the insolvent U.K. fashion retailer has failed to find a buyer. The company’s future will now rely upon securing approval from its landlords for its company voluntary arrangement (CVA) proposals, which go to a vote on Sept. 15. As many as 75 percent of New Look’s…

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