FTSE LIVE: New Look ramps up rescue efforts; Sales step up at JD Sports; UK stocks open in the red

FTSE LIVE: New Look ramps up rescue efforts; Sales step up at JD Sports; UK stocks open in the red

FTSE LIVE: New Look ramps up rescue efforts as profits fall; Sales step up at JD Sports; Revolution Bars warns on profits; UK stocks open in the red New Look has warned over profits and unveiled plans for a debt for equity swap  JD Sports said like-for-like sales rose 5 per cent in the last


FTSE LIVE: New Look ramps up rescue efforts as profits fall; Sales step up at JD Sports; Revolution Bars warns on profits; UK stocks open in the red

  • New Look has warned over profits and unveiled plans for a debt for equity swap 
  • JD Sports said like-for-like sales rose 5 per cent in the last 48 weeks 
  • Revolution Bars warns profits will be hit by ‘economic and political uncertainties’ 

New Look has warned over profits and unveiled plans for a debt for equity swap with its bondholders as part of a painful restructuring aimed at putting the struggling fashion retailer on a securer financial footing. 

Meanwhile, fashion trainer firm JD Sports is bucking the High Street blues and expects profits to be strong after sales rose 5 per cent last year.   

Elsewhere, Revolution Bars said sales slipped in the last six months and warned that its earnings will take a knock from ‘the uncertain economic and political outlook’.

Troubled retailer New Look has been closing stores and is now doing a debt for equity swap 

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