Home › New Look reveals plan to slash debt by GBP1bn
 

Keywords :   


New Look reveals plan to slash debt by GBP1bn

2019-01-14 12:14:00| Daily apparel & textile news and comment - from just-style.com

UK fashion retailer New Look has reached a "critical step" in its turnaround plans after reaching an agreement in principle with its key financial stakeholders to cut its debt by GBP1bn (US$1.3bn) and raise GBP150m in new capital to boost the business.

Tags: plan debt reveals slash

Category:Consumer Goods and Services

Latest from this category

All news
16.11Record numbers seek help with water bills
16.11Billions at stake in court battle over North Sea oil
15.11China megaport opens up Latin America as wary US looks on
15.11China megaport opens up Latin America as wary US looks on
15.11Post Office scandal: Who knew what and when?
15.11Mortgage costs rise despite interest rate cut
15.11Health stocks hit after Trump taps RFK Jr for top job
15.11X users jump to Bluesky - but what is it and who owns it?
Consumer Goods and Services »
16.11HestraFallLine3
16.11GBA
16.11 SKY PAD 3.0 XL
16.1125th
16.112022taxDVD
16.11
16.11
16.11 e
More »