Alistair McGeorge, chairman of New Look, is to step down at the end of May “to pursue other opportunities”.

Anders Kristiansen, CEO of New Look said: “The Board joins me in thanking Alistair for his commitment and invaluable contribution to the group. He has been an instrumental part of the transformation of the company over the past three years. I would like to take this opportunity to express my enormous gratitude to Alistair for his stewardship and counsel and I wish him all the best with his future endeavours.”

Alistair McGeorge said: “I have greatly enjoyed my time at New Look but I feel that it's the right time to seek new challenges. I am very proud of what we have achieved and I am fully confident that the company will continue to flourish under Anders and his team. I wish all my colleagues the best for the future.”