New Look group revenue in the United Kingdom (UK) 2011-2019

New Look is a value for money fashion retailer that has been in UK high streets since 1969. In the past two years, the company has been facing dwindling financial and operational numbers. As shown in this statistic, revenue has been falling since 2016. In 2018, the retailer registered losses after a period of shrinking profit in the preceding years. However, in 2019, the revenue of the retailer increased to 1.2 billion British pounds.

Dipping sales

New Look is one the leading multichannel retailers in the UK with a successful e-commerce business. However, the downward trend did not spare the retailer’s online sales. In 2018, along with its UK retail activities, New Look e-commerce sales took a turn for the worse.

New Look stores in jeopardy

The financial difficulty New Look found itself in triggered anxieties over store closures as well. Up until the 2017/2018 financial year, New Look maintained stability in the number of stores it owns worldwide. However, later in the year the retailer announced the termination of its operations in China. On top of that, talks of possible UK store closures were also on the agenda.

Revenue of New Look Retail Group in the United Kingdom (UK) from financial year 2011/12 to 2018/19*

Revenue in million GBP
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Source

Release date

June 2019

Region

United Kingdom

Survey time period

Financial year 2011/12 to 2018/19**

Supplementary notes

* Data refers to external revenue from continuing operations from the UK as a customer location.
** Financial years end on the last working day of March of each year.
Figures from 2011 to 2018 taken from previous annual reports.

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Statistics on "New Look Group"

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