High Street
New Look pre-tax losses narrow despite fall in FY sales
During the period, New Look saw retail revenues fall by 11.5% to £555.1m, which was impacted by the store closures, while online sales held steady at £217.5m
New Look has reported that its pre-tax losses narrowed from £87.8m to £21.7m for the year to 30 March, despite sales dropping 8.9% to £769.2m due to store closures and “tough” trading conditions.
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