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Brait's struggling UK retailer New Look turning a corner

Brait's struggling UK retailer New Look turning a corner

11/07/2019 - 11:30
Investment holding company Brait says its UK high-street retailer New Look, which was largely responsible for the dismal performance it reported in June, is now better positioned to turn the corner. read more
New Look losses mount as Brexit, rain keeps shoppers away

New Look losses mount as Brexit, rain keeps shoppers away

26/06/2019 - 09:03
British fashion chain New Look reported a bigger annual pretax loss, hurt by a large charge, while Brexit woes and rainy weather kept many shoppers out of its stores.  read more
New Look plans store closures and layoffs

New Look plans store closures and layoffs

08/03/2018 - 11:43
British fashion retail chain New Look has sought approval from its creditors to cut 980 staff and close more than 60 stores after performing poorly as it seeks to amend the terms of its debt. read more
A crucial Christmas in store for three besieged UK retailers

A crucial Christmas in store for three besieged UK retailers

19/12/2017 - 08:58
After a year to forget for British retailers, investors are betting some of the UK’s major chains now face a make-or-break holiday shopping season. read more
Stronger rand takes bite out of Brait’s dividend

Stronger rand takes bite out of Brait’s dividend

13/06/2017 - 14:47
Brait cut its dividend by 42.65% to 78.15c as a stronger rand against the pound and tough retail conditions in the UK took their toll on its net asset value. read more
New Look drags Brait down

New Look drags Brait down

15/02/2017 - 13:31
New Look was the ugly stain in Brait’s trading update for the quarter to December 2016, as the UK clothing retailer’s valuation fell R10bn following a 42% drop in the previous quarter. read more
SA's Brait buys Britain’s New Look for R14.2bn

SA's Brait buys Britain’s New Look for R14.2bn

18/05/2015 - 09:37
Johannesburg - African investment heavyweight Brait SE [JSE:BAT] said it will pay $1.2bn for virtually all of budget clothes retailer NewLook, giving it a substantial presence in Britain's fiercely competitive fashion retail market. read more