Overview

• New Look closed its Hamilton branch on July 1, marking the latest in a programme that has shuttered 32 UK outlets since March.
• The retailer has scheduled its Neath, Wales, store to close on August 6 under a wider footprint reduction plan.
• Private equity owners Alcentra and Brait have engaged investment bankers to conduct a strategic review that could culminate in an auction.
• The company warned earlier this year that lease expirations could put up to 91 of its 364 UK stores at risk following rent hikes and National Insurance increases.
• New Look exited the Republic of Ireland in February, closing 26 stores as broader high-street challenges drive further consolidation.