New Look Owners Select Advisers Ahead of Potential Sale

Owners look to offload New Look - RetailDetail EU

New Look owners Alcentra and Brait have initiated a sales process for the British fashion chain. The aim is to complete a sale somewhere next year.

New Look owners name Rothschild to oversee strategic review - Retail Gazette

Alcentra and Brait, the owners of fashion brand New Look, have selected bankers to supervise a strategic review of the fashion retailer. Rothschild will advise the business and its shareholders, Sky News reported on Sunday (24 August). Alcentra and Brait have co-owned the fashion firm since 2020, after acquiring a 90% stake in New Look for £780m. Despite declining to comment specifically on the Rothschild appointment, a New Look spokesperson sai…

New Look owners appoint Rothschild to oversee sale process

New Look owners, Alcentra and Brait, have reportedly hired Rothschild to advise on a strategic review, which is expected to lead to a sale of the high street fashion chain next year, according to Sky News.  It is understood that the appointment of the investment bank took place in recent days following a number of unsolicited approaches.  New Look operates almost 340 stores and employs about 10,000 staff across the UK. It is also the country’s s…

New Look owners select advisers ahead of potential sale

Drapers New Look owners select advisers ahead of potential sale New Look’s owners, investment firms Alcentra and Brait, have selected investment bank Rothschild to orchestrate a strategic review ahead of a potential sale next year, Sky News reported on Sunday (24 August). The post New Look owners select advisers ahead of potential sale appeared first on Drapers.