Private | |
Industry | Retail |
Founded | 1969 Taunton, Somerset, United Kingdom |
Founder | Tom Singh |
Headquarters | Weymouth, Dorset, United Kingdom |
Number of locations
|
1,160 approx. (2014) |
Area served
|
Worldwide |
Key people
|
Christo Wiese Anders Kristiansen, Chief Executive |
Products | Clothing |
Revenue | GBP £1,528 million (2014) |
GBP £805.9 million (2014) | |
Owner | Brait SA |
Website | www |
New Look is a South African-owned British global fashion retailer with a chain of high street shops. It was founded in 1969 and has been owned since May 2015 by investment company Brait SA, controlled by Christoffel Wiese. The chain sells womenswear, menswear, and clothing for teens.
New Look was founded by Tom Singh in Wellington, Somerset in 1969. Since then the company has rapidly expanded and now operates across a chain of over 1,000 stores internationally, including Belgium (they opened their first Belgium store in 2006), France, the Netherlands, the Republic of Ireland, Romania, Malta, Malaysia, South Korea, Singapore, Thailand, Indonesia, United Arab Emirates, China, Germany, Russia, Bahrain, Saudi Arabia, Azerbaijan and Poland, and a staff of over 30,000. The group had a turnover of £1,147 million in 2008 with profits of £180 million.
New Look was owned by private equity groups Apax Partners and Permira, and founder Tom Singh, until May 2015 when it was acquired by Brait SE for £780 million. Brait also owns the health club chain Virgin Active and has a minority stake in Iceland Foods.