New Look Fashions Plans For £2bn Flotation

The high street fashion retailer New Look has recruited bankers to work on a stock market listing that could value it at as much as £2bn. Sky News has learnt that the company this week appointed JP Morgan, the Wall Street investment bank, to work on options for a flotation. The hiring will fuel expectations that New Look's owners are actively preparing to take it public five years after it aborted an identical move amid challenging markets. JP Morgan is working alongside Goldman Sachs, whi