New Look hails 'strong year' despite widening losses

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New Look has reported a loss before tax of £87.8m for the 52 weeks to 25 March 2023, compared with a loss of £25.5m in the previous year due to a one-off impairment charge, however adjusted EBITDA and gross margin have increased.

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New Look reports £87.8m loss before tax, Drapers posted on the topic

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