Executive chairman Alistair McGeorge, 60, recently appointed former House of Fraser boss Nigel Oddy as operations director to spearhead the turnaround of this fashion retailer. In January, New Look agreed a debt-for-equity swap with key bondholders to cut long-term debt from £1.3bn to £350m, handing them control of the business. It has also closed about 85 of its target 100 UK stores agreed under a company voluntary arrangement last year, while withdrawing from China and Belgium.
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