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Landlords of New Look stores have failed in their challenge to a CVA which wrote off rent arrears and imposed turnover rents on hundreds of stores.

Like so many high street fashion retailers New Look was already in a precarious position before the pandemic hit. When its turnover was reduced to nil overnight it projected it would run out of cash without help.

"Whenever there is change, and whenever there is uncertainty, there is opportunity."Mark Cuban, American businessman and investor

In the current global market, very few things are clear other than that volatility and change are ever-present.