The Irish department of the high-street trend retailer has entered liquidation following a High Court ruling.
Provisional liquidators have taken over New Look’s Irish operations as a part of the liquidation course of. Gross sales at the moment are taking place in a number of shops as the corporate seeks to promote its remaining inventory.
A 30-day workers session course of involving all affected staff will start within the coming days.
The Irish Labour Celebration has referred to as for quick motion to assist the a whole lot of affected staff. It has urged New Look to recognise the “human affect” of the closures.
New Look has emphasised that it didn’t take frivolously the choice to nominate liquidators
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George Lawlor, the occasion’s enterprise spokesman, mentioned: “New Look Retailers Eire Ltd should recognise the human affect of this determination and instantly interact with staff in a significant and constructive method. Employees should be given readability on redundancy phrases or redeployment choices. They can’t be left in limbo.”
New Look has pledged to assist staff all through. It additionally emphasised that the appointment of liquidators was not a choice taken frivolously.
The retailer mentioned: “New Look has undergone a number of adjustments to adapt to the present market, together with advertising and marketing initiatives, retailer variations, and value vary trials. Nevertheless, following a strategic evaluation of our Irish enterprise, New Look Group concluded that it was now not viable to proceed buying and selling in Eire.
“Given the more and more unstable buying and selling circumstances, we wanted to expedite our current plans, which included a evaluation of our operations within the Republic of Eire.”
Which New Look shops will probably be closed?
The total listing of affected branches in Eire are:
- Northside Buying Centre (Dublin)
- Liffey Valley Buying Centre (Dublin)
- Tallaght (Dublin)
- Omni Park Buying Centre (Dublin)
- Blanchardstown (Dublin)
- Jervis Avenue (Dublin)
- Wilton Buying Centre (Cork)
- Ballincollig Buying Centre (Cork)
- Blackpool Buying Centre (Cork)
- Opera Lane (Cork)
- Galway Metropolis
- Gateway Retail Park (Galway)
- Ashbourne
- Bridgewater Buying Centre, Arklow
- Fairgreen Buying Centre, Carlow
- Navan Buying Centre
- Whitewater Buying Centre, Newbridge
- Clonmel
- Limerick
- Killarney
- Wexford
- Grand Parade, Mullingar
- Castlebar, County Mayo
- Dungarvan
- The Marshes Buying Centre, Dundalk
- Letterkenny Retail Park
Are any New Look shops closing within the UK?
No New Look shops will probably be closing within the UK.
New Look has confirmed it’ll refocus on its UK portfolio and additional strengthen its on-line choices to clients.
The corporate provides clothes, footwear, and equipment.
Businessman Tom Singh based the corporate in 1969 in Taunton, Somerset. It has since grown into one of many UK’s main high-street trend manufacturers.
