London, UK. 13 June 2018. Shoppers pass by the New Look store on Tottenham Court Road. The New Look fashion chain has incurred an annual loss of nearly £235m with sales down 12% to £ in the year to 24 March. The company has launched a company voluntary arrangement (CVA), to save property rental costs and restructure with up to 60 of its 593 stores, including the one on Tottenham Court Road, expected to close. House of Fraser, also recently announced that its Oxford Street flagship will close, also as part of CVA restructuring plan. Credit: Stephen Chung / Alamy Live News

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Size: 3700px × 2470px
Photo credit: © Stephen Chung / Alamy / Afripics
License: Licensed
Model Released: No

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