New Look Has Made Great Achievements In Chinese Market.

As of the end of fiscal year 2015, the group had free cash flow of 1.4706 pounds, compared with 145 million 400 thousand last year, an increase of 1.1%.

New Look Group Ltd. expressed satisfaction with the early sales in the summer.

Group CEO Anders Kristiansen pointed out that with the support of new owners, the group will continue to focus on brand, multi-channel, international expansion, product development and men's clothing category.

Last month, the British high street brand New Look Group Ltd., which was acquired by South Africa's private Holdings Company Brait SE (JSE:BAT), released its brilliant 2015 fiscal year results yesterday, 90%.

In the 2015 fiscal year ending March 28th, New Look Group Ltd. achieved a pre tax profit of 50 million 600 thousand, an increase of 144.4% over the 20 million 700 thousand quarter of fiscal 2014.

Operating profit rose 8.7% to 153 million 200 thousand pounds over the same period.

The adjusted core profit EBITDA was 212 million 400 thousand pounds, an annual increase of 4%.

The total income of 1 billion 414 million 500 thousand was 3.4% higher than that of 1 billion 368 million in the 2014 fiscal year.

Overall sales in the same store recorded an increase of 4%, of which 5% in the UK market, and 34% in e-commerce sales, but the growth slowed sharply in 63.9% over the 2014 fiscal year.

The gross profit margin for the whole year was 52.7%, which was basically the same as 52.8% in the 2014 fiscal year.

The group points out that

The first year's brand performance was strong. As of fiscal year 2015, the group had 19 stores in China. In the 2016 fiscal year 4 and May, the group accelerated its expansion and opened 11 new stores.

The group plans to deploy 70 Chinese stores before the end of fiscal year 2016, making China the second largest market in the group.

The brand is currently in Alibaba Group Holding Ltd. (NYSE:BABA).

There are online shops on the Tmall mall platform.

The group ended its operations in Russia and Ukraine.

The group has set up 809 stores worldwide with a net increase of 37.

There are 569 direct outlets, 135 direct outlets in China, France, Poland, Ireland and Belgium, and 135 counters in Germany and Holland. In addition, there are 105 franchises in the Middle East, South Africa, Europe and other parts of Asia.

In the current fiscal year 2016, the group plans to add 80 new stores. As mentioned above, most of the new stores will be opened in China, and another 10 will be in Poland and France, and the British will only continue to refurbish the store and introduce new retail concepts.

In terms of products, New Look Group Ltd. 2015 successfully launched cosmetics and fragrances in the fiscal year, and tested the sales of sportswear according to the global trend.

The future group will expand men's wear category. The group has been the global director of men's wear from H&M Christopher Englinde.