New Look to close
Source: Agencies |
00:01 UTC+8 October 19, 2018
|
Print Edition
Print Edition
British fashion group New Look is to exit China and will close its 120 stores by the end of the year, it said yesterday. New Look, which is owned by South African investment firm Brait, trades as New Look Commerce (Shanghai) Co in China. It said the company’s Shanghai head office will close in the new year. “Despite substantial investments in China in recent years, performance has been below expectations and this business has not achieved the necessary sales and profitability to support the significant future investment required to continue these operations,” the retailer said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
