New Look Announce Closure Of Irish Stores

Fashion retailer New Look has announced that it will cease operation and close its Irish stores. The company has 26 retail outlets nationwide including one in Arklow’s Bridgewater Shopping centre. It employs a total of 347 staff with whom a 30-day consultation process will begin tomorrow.

All stores will close over the coming days and re-open on the 23rd of February for a clearance sale. Shoppers can still access the brand’s collections through Asos and Very.

A spokesperson for New Look said:

“Over the past few years, we have had to navigate a tough external environment which has only become more unpredictable.”

“We have adapted to this evolving landscape by investing in our product proposition and digital offer. However, due to the increasingly volatile trading conditions, we needed to expedite our existing plans, which included conducting a review of our operations in the Republic of Ireland.”

“Following this review, the group regrettably concluded it was no longer viable to continue trading here, so it has made the difficult but necessary decision to enter liquidation in this market.”

“Our Irish business has struggled for many years due to rising costs and squeezed consumer spending, despite our efforts to turn around the performance. Our focus now is on supporting our colleagues through this process. We remain confident in the UK market and take pride in offering our customers great value, and high-quality fashion.”