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FSP Retailer Profiles New Look


FSP Retailer Profiles - New Look

About Established in Taunton in 1969, New Look is a women's wear retailer with

well over 600 stores in the UK, more than 300 stores in Europe and nearly 50 stores in the Middle East, Singapore and Russia. New Look also operate a transactional website. It is positioned in the Middle sector of the clothing/footwear market with a focus on Young Fashion. In 1998, New Look floated on the London Stock Exchange but reverted to a Private Limited Company in 2004. In France, New Look operates under the MIM trading name, having acquired complete ownership of the brand in 2003, In 2007, it was reported that New Look was up for sale, however no further news was reported since bidders refused to meet a £1.8bn reserve price set by its private equity owners

History • • • • • • • • • • • • • • • • •

2

1969 - First New Look store was opened in Taunton 1988 - First New Look store opens in France 1994 - 200th New Look Store opens 1996 - Teen brand Generation is launched 1998 - New Look floats on the stock exchange 2003 - First New Look men's wear store opens 2006 - New look opens in Belgium and kids wear is launched 2008 -New Look opens in Westfield London New Look opens in Egypt 2009 - New London Head Office 2009 - New Look opens in Jersey and the Netherlands New Look opens in Singapore 2009 - New Look opens standalone shoes and accessories store 2009 - New look opens 1000th store in Bath 2009 - New Look opens in Poland 2009 - New Look opens flagship store in Cardiff 2010 - New Look flagship store opens in London

Recent News • • • • • • • •

18/02/2011 Former Primark buying boss joins New Look 15/02/2011 50% off at New Look as private equity backer cuts valuation 21/01/2011 New Look is looking to widen its offer 13/01/2011 New Look suffered a 9.1% plunge in like-forlikes 19/11/2010 New Look hires former Selfridges marketing director for new role 12/11/2010 New Look launches inquiry into supply chain 11/11/2010 New Look like-for-likes slump against strong comparatives 29/10/2010 Three more staff make sudden exits from New Look

Year 2001 2002 2003 2004 2005 2006 2007 2008 2009

New Look Trading Countries UK, France, Jersey, Singapore Egypt , Netherlands, Poland & Belgium

BIS Guide Fairly healthy Healthy Healthy Very strong Very strong Very strong Healthy Healthy Healthy

©FSP 2010. BIS © Department for Business Innovation and Skills. The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk


FSP Retailer Profiles - New Look

New Look Group Sales

New Look Financial Health P2

New Look 190

1200000

180 170

800000 600000

Sales Exc Vat

400000

UK Sales Exc Vat

200000

P2

Millions

1000000

160 150

P2

140 130

0

120 2001 2002 2003 2004 2005 2006 2007 2008 2009 Year

3

Year

ŠFSP 2010. BIS Š Department for Business Innovation and Skills. The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk


FSP • 19 Manor Courtyard • Hughenden Avenue High Wycombe • HP13 5RE • UK T +44 (0) 1494 474740 F +44 (0) 1494 474262 E fspretail@fspretail.co.uk W www.fspretail.co.uk & www.fspretail.co.uk

Fripp Sandeman and Partners Limited, trading as FSP G Nicholson (Managing Director) J H Fell J Hewson K Gunn Registered Number 1284879 Registered Office 19 Manor Courtyard Hughenden Avenue High Wycombe Buckinghamshire HP13 5RE


Company Profile -Newlook