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An IPO never looked a runner given New Look's very chequered UK history and the unproven Chinese potential, whether New Look's recent revival can be sustained is another matter, given the surplus capacity in the UK fast fashion market.

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    Quiz

    Are you a quotes master?

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    "Adventure is worthwhile in itself"
    A Bear Grylls
    B Amelia Earhart
    C Elizabeth Taylor
    D Christopher Columbus