“Alistair McGeorge, executive chairman of New Look said: “Our recent
performance demonstrates that our hard work is beginning to pay off and
we are pleased that both sales and profitability are responding
positively.””.He continued: “We are nevertheless mindful that we
are operating against a backdrop of a tough and potentially worsening
economic climate and remain cautious about the outlook for the next few
months.” ..The chain is owned by private equity firms Apax and Permira. .
Date:1/15/2012
Source:Reuters.com