The business press reports that the British retailer New Look dream soon to come in stock, five years after being taken over by investment fund Apax and Permira.
The brand prides itself on having successfully passed the crisis, announcing and profits up 10% for the fiscal year ends in June. A record with an 15% increase in sales over the same period. A source inside the company would have linked these results to the whims of the stock company, while stressing that the final decision would be taken before the crucial period of Christmas and New year.
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The Financial Times ahead for his part that if the group decides to embark on the trade market, it is also likely to seek a new president to replace Phil Wrigley, the historic leader.The daily also said that New Look had received many calls from banks anxious to assist the company in this transaction public.
Tags: Apax, British retailer New Look, New Look's, Permira, Phil Wrigley