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New Look Owners Hire Rothschild for Strategic Review That Could Lead to Sale Next Year

The move follows unsolicited approaches from potential buyers.

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Overview

  • Rothschild has been appointed to advise on options, with no timetable or bidders disclosed.
  • Owners Alcentra and Brait, in place since 2020, are exploring an exit after inbound interest.
  • New Look operates nearly 340 UK stores and employs about 10,000 people.
  • Roughly 40% of sales are online, with Kantar data placing the brand second for 18–44 womenswear e-commerce.
  • Backers injected about £30m in April after a £100m refinancing in 2023, as the chain trims its estate, has exited Ireland, and warns a significant share of leases could be at risk on expiry.