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Next cuts sales and profit guidance

Next plc has reported that its profit before tax is up 16% compared to the previous year at £401m, and…

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Next pulls out of Joules takeover deal

Fashion retailer Next has reportedly pulled out of its takeover deal with Joules after talks between the two ended, according…

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St James Quarter adds Cos and Neom to offering

St James Quarter, the 1.7 million sq ft retail-led lifestyle district in Edinburgh, has announced it has signed deals to…

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Joules deal with Next in danger after share price tumbles

Joules’ hope of securing an investment lifeline from Next has taken a blow after reports suggest that the two companies…

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Next increases stake in Reiss to 51%

Next has reportedly upped its stake in Reiss to 51%, having previously acquired a 25% equity stake in Reiss back…

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Joules faces FY loss as summer sales suffer

Joules has warned that it expects to deliver a full-year loss that is “significantly” below market expectations in its next…

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Deliveroo losses widen as Simon Wolfson steps down from board

Deliveroo has revealed its H1 pre-tax losses have widened to £147m from £95m the year prior and also confirmed that…

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Joules confirms talks to sell minority stake to Next

Joules has confirmed in a statement that Next plc has been in negotiations for several weeks for the retail giant…

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Tax cuts won’t solve economic crisis, says Next CEO

Simon Wolfson, the chief executive of fashion retailer Next, has claimed that inflationary pressures can only be tackled by increasing…

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Next raises profit guidance amid strong sales performance

Next has revealed its sales performance exceeded expectations by £50m, leading the retailer to raise its full-year profit guidance by…

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