Landlords to New Look are bracing themselves for store closures and rent reductions after the struggling fashion retailer said its finance director would visit property owners this week.
New Look is understood to have written to big landlords on Friday to say that Richard Collyer would be seeking meetings in the coming days.
The chain is known to have been considering a company voluntary arrangement (CVA), a form of insolvency that allows retailers to restructure their property portfolios.
