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New Look Launches CVA Seeking Turnover Rents at 402 Stores

Retailer Will Not Pay Rent on Remaining 68 Stores; Says Move an "Absolute Necessity"
New Look is one of the staples of the UK High Street (New Look)
New Look is one of the staples of the UK High Street (New Look)
CoStar News
August 26, 2020 | 8:41 AM

High street retailer New Look has launched a company voluntary arrangement asking landlords at 402 of its stores to accept turnover rents.

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