In recent news there has been major discussions on the current market status of New Look as a retailer. It has been called to attention in the latest news documents that the company could resurrect its £1.7bn flotation plans this week when its board meets to consider if market conditions have improved sufficiently since the deal was postponed last month.
This news is promising alone as the bad news hit the company merley 5 months ago that companies such as 'Premira' were unwilling to invest. Since the plans were shelved, some deals have been successful, giving the New Look's owners renewed confidence.
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