UK retail space expansion
UK retail space expansion has historically been a strong driver of New Look’s revenue growth and will continue to be an important driver in the future.
New Look has a well-established record of rapid expansion in the UK, but it’s not just about growing the top line – space expansion has also been the biggest driver of adjusted EBITDA over the last few years. Our UK paybacks currently average 13 months for new stores and 23 months for relocated stores*.
- Track record of achievement in UK space roll-out
- Today all our UK stores are profitable**
- Significant scope for further expansion through new space and relocation
- Structured portfolio strategy of right-sizing stores for the right markets
- Successful Look and Feel refurbishment programme
* For relocations, the payback is longer because we only take the uplift in profit versus the old store and amortise this against the full cost of the new store.
** Generated a profit after deducting store operating costs, excludes clearance store in Hull.
Did you know...
You can find a New Look store in the UK or abroad with our store locator.