New Look blames poor spending and weather for 7% drop in sales

  The Guardian 

Image source : theguardian.com
Fashion outlet still working on turnaround that closed 100 stores and slashed rents New Look has blamed a steep fall in sales on weak consumer spending and mild autumn weather which knocked demand for its new winter clothing ranges. New Look chief operating officer Nigel Oddy said the 7.4% drop in first half like-for-like sales reflected “ongoing consumer uncertainty and seasonal volatility”. Sal
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