Next
This coverage explores Next’s business strategy, operations, and performance within the UK retail sector. Reporting covers store and online developments, product ranges, financial results, marketing initiatives, supply chain management, and leadership decisions. With a focus on commercial outcomes and competitive positioning, it provides insights for retail professionals overseeing apparel, home, and multi-channel retail operations.
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Mar- 2023 -21 MarchProperty
British Land hails £120m in gross capital activity amid acquisitions
British Land has announced that it has made more than £120m in gross capital activity after acquiring three new retail parks and selling 50% stake of its Preston retail park. The company completed the acquisition of three high quality retail parks for a total of £94m and sold its 50%…
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20 MarchAnalysis
Private equity is changing supermarkets
After being dethroned as one of the Big Four supermarkets by Aldi in late 2022, Morrison’s most recent blow came in the shape of £1.5bn worth of losses one year after being acquired by Clayton, Dubilier and Rice (CD&R) in October 2021 for £7bn with a debt-led takeover. Morrisons, which…
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3 MarchFeatures
EPR for Packaging – are you covered?
EPR for packaging has arrived. Businesses have already started collecting data, and the first data submissions are due by October. So, What is EPR? In a nutshell, extended producer responsibility (EPR) for packaging makes producers responsible for the cost of collecting, sorting and recycling household packaging. This includes the funding…
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Feb- 2023 -7 FebruaryClothing & Shoes
Crew Clothing to open 40 brick-and-mortar stores by 2025
Crew Clothing has plans to open 40 new brick-and-mortar stores by 2025 across market towns and coastal resorts in the UK, according to The Times. The group’s decision to expand its portfolio of in-person stores comes as it recovered post-pandemic, as it revealed that online and store sales both increased…
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3 FebruaryComment
After a tough golden quarter, can Asos reclaim its crown?
The most recent golden quarter came as something of a pleasant surprise to the market. Across the retail sector, companies rejoiced as sales bounced back in the first Christmas period that was not disrupted by virus variants. Of course, the period was not without its tribulations. Businesses were still hit…
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Jan- 2023 -24 JanuaryHigh Street
Sosander announces partnership with Sainsbury’s
Sosandar has announced that it has entered into an agreement to sell a curated collection of its products through Sainsbury’s. Through this wholesale agreement, a selected range will begin to be sold through Sainsbury’s during 2023, initially online only, with selected stores planned later this year as Sainsbury’s increases its…
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20 JanuaryHigh Street
Mamas & Papas appoints new CEO ahead of global expansion
Mamas and Papas, the high street nursery brand, has announced chief operating officer Nathan Williams as its new CEO to lead the company’s next phase of growth, which it said would include expansion into new and existing international markets. Current CEO Mark Saunders, who joined the business three years ago…
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5 JanuaryHigh Street
Next ups guidance amid strong Christmas sales
Next has increased its full year profit before tax guidance by £20m to £860m, as sales in the Christmas period have been “better than anticipated”. The retailer’s profit outlook has seen an increase of 4.5% compared with last year, following a 4.8% rise in full price sales in the nine…
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Dec- 2022 -22 DecemberClothing & Shoes
Under Armour appoints new CEO
Sportswear brand Under Armour has announced the appointment of Stephanie Linnartz as its CEO and president. Linnartz is currently the president of Marriott International where she is responsible for a portfolio of nearly 8,200 properties across 138 countries. She is also a member of Home Depot’s board of directors, and…
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20 DecemberClothing & Shoes
Next sales ahead of expectations in Q3
Next has announced that sales were 0.4% higher than last year in the 13 weeks to 29 October, which is said to be “slightly ahead” of the fashion retailer’s expectations. It is reported that the group’ full price sales in the last five weeks experienced an increase of 1.4%, in…
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