International expansion
New Look has gained significant experience in several markets outside the UK, particularly with regards to key aspects of trading internationally.
New Look has a clear and rigorous route to market selection. We intend to capitalise on this experience to date by opening New Look owned stores and New Look franchise stores in selected international markets.
- International revenue represented 24% of Group revenue in FY11
- Established a solid platform for future growth
- Franchise approach provides low-cost, low-risk route to new markets
- Mim brand recovery showing signs of improvement
