October 20, 2014 1:08 AM ET

Specialty Retail

Company Overview of New Look Retail Group Limited

Company Overview

New Look Retail Group Limited operates as an apparel retailer. Its stores offer apparel, footwear, and accessories for women, men, and teenage girls. The company serves customers through a network of 1,100 stores and online. It is also involved in the property holding and rental, and logistics and freight management activities. New Look Retail Group Limited was founded in 1969 and is based in Weymouth, the United Kingdom.

New Look House

Mercery Road

Weymouth,  DT3 5HJ

United Kingdom

Founded in 1969

20,073 Employees

Phone:

44 1305 765 000

Fax:

44 1305 765 001

Key Executives for New Look Retail Group Limited

Chief Executive Officer and Director
Interim Chief Financial Officer
Managing Director of BMD
Company Secretary
Group Communications Director
Compensation as of Fiscal Year 2014.

New Look Retail Group Limited Key Developments

New Look Announces Executive Changes

New Look announced that it has appointed Paul Mason as non-executive chairman, effective immediately. Mason will succeed Tom Singh, who holds the role on an interim basis. Singh will remain non-executive director of New Look. Mason has previously held chief executive roles at Somerfield, Matalan and Asda, and was European president and head of global retail at Levi Strauss. He is also chairman of Cath Kidston and the Mayborn Group.

New Look Retail Group Limited Reports Earnings Results for the First Quarter Ended June 28, 2014

New Look Retail Group Limited reported earnings results for the first quarter ended June 28, 2014. Group revenue was up 8.1% to £392.5 million (continuing operations up 9.1%). Group like-for-like sales was up 8.9% (continuing operations like-for-like sales was up 10.2%). Group adjusted EBITDA was up18.8% at £59.4 million (continuing operations up 16.3%). Underlying operating profit was up 38.4% to £43.6 million (continuing operations up 28.3%).

New Look Announces Executive Changes

The Board of New Look announced that Alistair McGeorge, Non-Executive Chairman, has informed the company that he intends to step down from the Board and leave New Look at the end of May 2014 to pursue other opportunities. Tom Singh, founder of the company and current Executive Director, will become Interim Non-Executive Chairman until a permanent successor is appointed.

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