New Look improves profitability


New Look improves profitability

New Look has posted sales of £1.4 billion for the year to 26th March 2016 with UK like-for-like sales rising by 3.6 per cent. Full-year pre-tax profit came in at £59.1 million, an increase of 16.8 per cent over the previous year. During the period the retailer had refined its website and mobile app as well as extended delivery options. International development included the opening of over 60 new stores in China. During the current year, a further 50 stores will open in China and the business’ eCommerce team is focused on improving customer experience overseas via an upgrade of its international web platforms.

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