New Look makeover is bad trend for UK high street – Breakingviews


New Look makeover is bad trend for UK high street – Breakingviews

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The ailing retailer is writing off three-quarters of its 1.35 bln pounds of debt in an effort to repair its finances. Like rival Debenhams, it can only survive if UK high street sales pick up. But after a bleak Christmas and with Brexit looming, a revival looks far from assured.

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