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New Look warns of collapse as Boohoo shows interest

New Look has said it will collapse without further rent cuts.

The high street chain’s landlords are resisting New Look’s attempts to push through its second CVA in three years, with a crunch vote expected on Tuesday.

Online fashion retailer Boohoo is circling New Look.

If Boohoo were to buy New Look it would keep the brand but ditch all the stores.

The Times (£)
The FT (£)

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