New Look CEO has left the business

With both sales and profits nose-diving it has come as little surprise to see CEO Anders Kristiansen depart from his New Look role after five years at the helm of the retailer.  South African majority stake owner Brait has replaced Kristiansen in the interim with New Look managing director Danny Barrasso pending a new CEO appointment. 

Chairman John Gnodde commented “As New Look embarks on its next phase of development, we have mutually agreed that it is the appropriate time for a change to the leadership of the company. Danny and the wider Executive Team have the full support of all of the shareholders to provide continued operational progress and leadership as we search fora permanent CEO.”