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

What are the pains and actions brands across the industry are taking to try and become consumer-led? Join our webinar "Consumer-Led Retail: Optimizing Assortments at Speed" Sept 28th, featuring experts from MakerSights and DTC brand Taylor Stitch.

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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