A global fashion chain has had one of its two national and European distribution centres in Staffordshire bought by a real estate investment trust. Tritax Big Box paid more than £30m for the logistics warehouse, one of two adjoining properties at... Read More
Great Portland Estates (GPE) has confirmed that high street favourite New Look has pre-let the flagship unit in the firm’s ongoing 73/89 Oxford Street development. New Look will occupy a 31,800 sq ft unit split across the basement, ground, first and second... Read More
Although the resolution of the Eurozone Crisis has eased the financial pressure upon continental consumers, the situation prevalent in the UK retail industry – whereby consumers are wary of excess spending – remains true overseas. This has taken a huge... Read More
New Look is moving away from teenage fashion and aiming at a more mature customer, as its eyes a return to pre-tax profit and a refinancing of its £1bn of net debt. Chairman Alistair McGeorge, said the fashion chain, owned by private equity groups Permira... Read More
New Look today posted its full year results revealing its commercial properties have made good progress through against the backdrop of difficult economic conditions and lack of footfall on the high street.... Read More
