Judgment in Lazari Properties Limited v New Look Retailers Limited. The New Look landlords argued that CVAs had gone far beyond the use for which they had been intended and sought to challenge the jurisdictional basis upon which some CVAs are implemented.
Updated: Thu 28th Jan
“This is not goodbye” as New Look close town centre store but plan to reopen nearby
Wrexham’s current New Look store has closed for good – however the local team say this is “not goodbye” and that there is a “happy ending” for the company.
The rumoured move was confirmed via a post on the local store’s Instagram account this morning:
A different town centre store site has reportedly been identified for use, and looks likely to be the end location for the brand as and when it reappears, and the end result could see three units in use in the town centre rather than two with another entity reworking their plans.