52
Fashion Jobs
ZALANDO
Head of Engineering - Emerging Propositions
Permanent · HELSINKI
ESTÉE LAUDER COMPANIES
Beauty Advisor - Sokos Helsinki (Fulltime Temporary)
Fixed-term · HELSINKI
ESTÉE LAUDER COMPANIES
Full Time Beauty Advisor - Vantaa Airport, Helsinki
Permanent · HELSINKI
ESTÉE LAUDER COMPANIES
Estee Lauder Companies - Multi Counter Manager - Stockmann, Turku
Permanent · TURKU
MUJI
Avoin Hakemus - Myymälä
Permanent · HELSINKI
MUJI
Avoin Hakemus - Ravintola
Permanent · HELSINKI
JACK & JONES
Myyjä Jack & Jones Helsinki Outlet
Permanent · HELSINKI
MANGO
Sales Assistant
Fixed-term · VANTAA
RITUALS
Sales Advisor (Summerextra) - Tampere - Ratina Shopping Center
Permanent · TAMPERE
RITUALS
Sales Advisor (Summerextra) - Vantaa - Jumbo
Permanent · VANTAA
JACK & JONES
Kesätöihin Myyjäksi Vero Moda / Jack & Jones Porvoo
Permanent · PORVOO
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Mikkeliin
Permanent · MIKKELI
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Ouluun
Permanent · OULU
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Vaasaan
Permanent · VAASA
MONKI
Sales Advisor, 10h (Summer Help Temporary)
Fixed-term · VANTAA
VERO MODA
Myyjä Vero Moda Seinäjoki Idepark
Permanent · SEINÄJOKI
ESTÉE LAUDER COMPANIES
MAC Make-up Artist (20h/Week) - Sokos Tampere
Permanent · TAMPERE
ESTÉE LAUDER COMPANIES
Beauty Advisor (30h/Week) - Stockmann Helsinki
Permanent · HELSINKI
MASSIMO DUTTI
Sales Assistant Massimo Dutti, Helsinki
Permanent · HELSINKI
H&M
Sales Advisor, 15h - Kesätyö
Permanent · SEINÄJOKI
H&M
Sales Advisor, 10h - Kesätyö
Permanent · KOTKA
H&M
Sales Advisor, 10-20h - Kesätyö
Permanent · PORVOO
Published
Feb 26, 2018
Download
Download the article
Print
Text size

New Look to start negotiations with landlords

Published
Feb 26, 2018

Struggling fashion retailer New Look will start talks with landlords about possible store closures and rent reductions this week, according to reports.



According to the Sunday Times, the company wrote to property owners on Friday to inform them that its CFO Richard Collyer would visit them this week.

The fashion chain is understood to be seeking the closure of 10% of its store estate, totalling around 60 outlets. It has also been reported to be considering a company voluntary agreement (CVA), an insolvency procedure that allows a company to restructure its debts with creditors.

New Look has been hit badly by the tough retail market and the increasing competition from younger and trendy e-tailers. The company tried to capture the younger generation by launching new styles, but CEO Alistair McGeorge said recently its ranges have become “too edgy”. This led to a 10.6% fall in like-for-like sales in the 39 weeks to Christmas.

New Look is owned by South African magnate Christo Wiese through his investment fund Brait. Wiese also controls South African retail giant Steinhoff, which faced an accounting scandal in December, further spooking New Look’s shareholders.

New look’s value was written down to zero in November last year.

Copyright © 2024 FashionNetwork.com All rights reserved.