High Street Fashion Favourite 'To Close Around 60 UK Stores'
New Look has reportedly revealed it is going to close around 60 stores across the country.
Plans have been put together to save on rent costs, according to Sky News - which include closing 10% of its stores.
Last weekend it as revealed that credit insurance had been withdrawn to many of the retailer's suppliers - meaning that the company would be forced to pay for products up-front.
A decision on which stores could close is expected in the coming weeks, Sky News reports.