New Look grows sales
Fashion retailer New Look has grown total group sales by 14.9 per cent to Â£1,322.6m, with like-for-like sales in the UK and Eire up by 1.4 per cent, for the 52 weeks to 28 March.
The chain is the number one volume retailers in women's footwear, dresses and denim, and calculates that 37 per cent of the UK's female population purchased from its stores during the year.
“New Look's strategy of focusing on providing our customers with great fashion at prices they can afford has served us well in the current environment and enabled us to report record results. We have increased market share in our core categories and continue to focus on the expansion of the New Look brand in the UK and abroad. 2009 will be another challenging year for the consumer. However, I am confident that New Look is well equipped to face the challenges of the year ahead,” says chief executive Carl McPhail.
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