New Look Q3 losses shrink as management reshuffle pays off

// New Look cuts quarterly losses thanks to its investment in stores and leadership
// The retailer aims to “transform” its business with recent appointments
// It made a statutory loss before tax improved to £1.2m on total revenue of £830.1m, compared with a £63.2m loss in the same period the year beforeNew Look has seen its losses narrow during the third quarter, which included Black Friday and Christmas, thanks to cost control and lower markdown.
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