New Look plans to become bigger than Next, CEO says

UK fashion retailer New Look has 3.5 million square feet of retail space, which CEO Carl McPhail says he believes can be doubled over the medium term. According to Next's most recent annual report, the New Look rival has 5.5 million square feet. As New Look prepares to open its first outlet in Poland, McPhail said the company could open another 670 New Look locations outside Britain.

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