New Look (store)
Encyclopedia
New Look is a British global fashion retailer with a chain of high street
shops in Britain
, Belgium
, France
, The Netherlands, Republic of Ireland
, Malta
, Singapore
and the United Arab Emirates
.
. Since then the company has rapidly expanded and now operates across a chain of over 1,000 stores internationally and a staff of over 30,000. The group had a turn over of £1,147 million in y/e 2008 with profits of £179 million.
In 2008 New Look continued its expansion in the UAE and opened its largest store to date in Liverpool One Shopping Centre. In 2009, its 40th anniversary year, it opened its first store in Russia in February 2009
In July 2010, New Look opened its Scottish flagship store in Glasgow Fort
Shopping Park. The store is a massive 18000 sq ft (1,672.3 m²). It was built on the site of a former Borders store.
The largest New Look store in the world opened in Dublin, Republic of Ireland
on November 4, 2010 located at the Jervis Shopping Centre
. It is the 29th New Look store in Ireland.
In 2004 after six years afloat the company withdrew from the stock market and was taken back to being a privately owned business by founder Tom Singh and chief executive Phil Wrigley, and private equity investors Permira
, Apax Partners
and Quillian Investments.
On 26 April 2007, a fire occurred at a New Look branch in Oxford Street, London. The subsequent investigation revealed an extensive catalogue of failings relating to fire safety precautions and measures. The company subsequently pleaded guilty to criminal charges and on 25 November 2009, was fined a total of £400,000 with £136,052 costs.
In 2010, the fines were upheld by the Court of Appeal.
; however in 2001 the retailer diversified into men's clothing which has now been implemented into over 20% of the chain.
High Street
High Street, or the High Street, is a metonym for the generic name of the primary business street of towns or cities, especially in the United Kingdom. It is usually a focal point for shops and retailers in city centres, and is most often used in reference to retailing...
shops in Britain
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
, Belgium
Belgium
Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...
, France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
, The Netherlands, Republic of Ireland
Republic of Ireland
Ireland , described as the Republic of Ireland , is a sovereign state in Europe occupying approximately five-sixths of the island of the same name. Its capital is Dublin. Ireland, which had a population of 4.58 million in 2011, is a constitutional republic governed as a parliamentary democracy,...
, Malta
Malta
Malta , officially known as the Republic of Malta , is a Southern European country consisting of an archipelago situated in the centre of the Mediterranean, south of Sicily, east of Tunisia and north of Libya, with Gibraltar to the west and Alexandria to the east.Malta covers just over in...
, Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
and the United Arab Emirates
United Arab Emirates
The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...
.
History
New Look was founded in 1969 in Taunton, Somerset by Tom SinghTom Singh
Tom Singh OBE is the founder of the New Look chain of high street fashion stores in the United Kingdom. He is the eldest brother of author and broadcaster Dr Simon Singh. He is a graduate of the University of Wales....
. Since then the company has rapidly expanded and now operates across a chain of over 1,000 stores internationally and a staff of over 30,000. The group had a turn over of £1,147 million in y/e 2008 with profits of £179 million.
In 2008 New Look continued its expansion in the UAE and opened its largest store to date in Liverpool One Shopping Centre. In 2009, its 40th anniversary year, it opened its first store in Russia in February 2009
In July 2010, New Look opened its Scottish flagship store in Glasgow Fort
Glasgow Fort
Glasgow Fort is a large 'out of town' shopping and leisure park located in Auchinlea Park, Provanhall and adjacent to Easterhouse, Glasgow just off Junction 10 of the M8 motorway....
Shopping Park. The store is a massive 18000 sq ft (1,672.3 m²). It was built on the site of a former Borders store.
The largest New Look store in the world opened in Dublin, Republic of Ireland
Republic of Ireland
Ireland , described as the Republic of Ireland , is a sovereign state in Europe occupying approximately five-sixths of the island of the same name. Its capital is Dublin. Ireland, which had a population of 4.58 million in 2011, is a constitutional republic governed as a parliamentary democracy,...
on November 4, 2010 located at the Jervis Shopping Centre
Jervis Shopping Centre
The Jervis Shopping Centre is a major shopping centre in Dublin, Ireland. Opened in 1996, the centre is located in the area bordered by Jervis Street, Upper Abbey Street, Mary Street, and Liffey Street. -History:...
. It is the 29th New Look store in Ireland.
In 2004 after six years afloat the company withdrew from the stock market and was taken back to being a privately owned business by founder Tom Singh and chief executive Phil Wrigley, and private equity investors Permira
Permira
Permira is a United Kingdom-based private equity firm with global reach. The firm advises funds with a total committed capital of approximately €20 billion....
, Apax Partners
Apax Partners
Apax Partners LLP is a global private equity and venture capital firm, headquartered in London. The company also operates out of eight other offices in New York, Hong Kong, Mumbai, Tel-Aviv, Madrid, Stockholm, Milan and Munich. The firm, including its various predecessors, have raised...
and Quillian Investments.
On 26 April 2007, a fire occurred at a New Look branch in Oxford Street, London. The subsequent investigation revealed an extensive catalogue of failings relating to fire safety precautions and measures. The company subsequently pleaded guilty to criminal charges and on 25 November 2009, was fined a total of £400,000 with £136,052 costs.
In 2010, the fines were upheld by the Court of Appeal.
Market
The retailer's core audience is women in the 16-30 year old age bracketBracket (disambiguation)
-Punctuation:* Bracket, one of a class of punctuation marks used in pairs to set apart or interject text within other text** Square bracket, one type of punctuation bracket...
; however in 2001 the retailer diversified into men's clothing which has now been implemented into over 20% of the chain.