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New Look, the high street fashion retailer, created almost two thousand jobs last year and now hope to add a further 1,500 new full or part time jobs in 2010.

The women’s fashion store, owned by founder Tom Singh and the private equity companies Apax and Permira, now has over a thousand outlets spread acorss 13 countries. They are posting record profits and are ebullient about future prospects for New Look.

In the UK alone the company currently has more than 600 shops and boasts over 20,000 staff in full and part time jobs. In the last year alone they have added a further 16 UK stores to boost their brand name.

New Look recently announced a profit rise of close to 18 per cent on 2008-09, netting them an operating profit of £163 million for the last financial year. Sales figures for the UK New Look outlets were up 5 percent on last year and their market share has risen from 4.7% to 5.2%.

Staff at New Look received a bonus last year and they are already thinking about lifting pay levels for staff this year. Chief Executive of New Look, Carl McPhail, said: “We've created 1,900 jobs in the last year, we hope to create 1,500 jobs in the coming year. Staff will receive a bonus for the second year running. It's important we motivate everybody.”

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