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New Look plots its Chinese fashion statement

New Look, the privately owned value fashion chain, is poised to enter China within the next year even as it prepares to refinance its more than £1bn debt pile.

Anders Kristiansen, the new chief executive, said the group planned to have its first store in China in early spring next year.

Mr Kristiansen joined New Look in January from Bestseller, the Danish fashion group that operates the Vero Moda and Jack & Jones brands, where he was running its 6,000 stores in China.

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