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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Aug- 2022 -2 AugustFeatures
Plant Based World Expo offers key to increasing sales
Rise of the Flexitarian The plant-based food market has experienced extreme growth in the past five years, with sales of meat-free and plant-based dairy products roughly doubling. This growth has been accelerated by the pandemic, when improving health became priority number one for many people and reducing intake of animal…
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Jul- 2022 -18 JulyHigh Street
Next workers underpaid following payroll errors
Next workers have been underpaid for “months” after a series of payroll errors from the retailer, according to The Sunday Times. The problem reportedly arose after a misstep with the company’s new Oracle payroll system in February. There were also deductions of some staff pension contributions without investment into retirement…
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5 JulyHigh Street
Seasalt abandons sale plans
Fashion chain Seasalt has abandoned plans to find a buyer, despite reportedly being close to agreeing a deal with Next, according to The Times. The company had hired advisors to explore sale options. Along with Next, investment firm Davidson Kempner were reportedly interested, but Seasalt decided to scrap the deal…
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Jun- 2022 -30 JuneClothing & Shoes
Laura Ashley unveils with Mamas & Papas
Laura Ashley has announced its collaboration with Mamas and Papas, the UK based nursery retailer. The collaboration collection is set to mark 70 years since Laura Ashley was launched by fashion designer Laura Ashley and Bernard Ashley. The anniversary collection is expected to include baby clothing, nursery bedding and toys,…
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27 JuneHigh Street
Braehead unveils host of new brands
Braehead, the retail and leisure destination, has announced a string of new openings at the shopping centre which are set to open this summer. Jewellery retailer Lovisa is set to open in the summer with a 780 square feet unit, and Suit Direct, the menswear retailer, has also signed on…
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May- 2022 -16 MayClothing & Shoes
Next faces investor backlash over CEO bonus
Next plc is facing a potential backlash from the Institutional Voting Information Service (IVIS) as the retailer’s chief executive, Simon Wolfson, has received the highest pay since 2015, while benefiting from government support. According to the Guardian, the Institutional Voting Information Service (IVIS), which is part of the Investment Association…
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13 MayClothing & Shoes
Inditex and Infinited Fiber Company announce £100m partnership
Inditex and Infinited Fiber Company have announced a new partnership with the goal of advancing new and innovative technologies towards textile-to-textile circular loop. At the core of this partnership is Inditex´s three-year commitment to buy 30% of Infinited Fiber Company’s annual future production volume of Infinna, a textile fibre that…
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5 MayClothing & Shoes
Next Q1 sales surge 22% despite online hit
Next plc has reported that its full price sales surged 22% year-on-year for the 13 weeks to 30 April (Q1), and 21% compared to pre-Covid levels, which is in line with expectations. However, total online sales in the UK fell 11% compared to the same period last year, although this…
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Apr- 2022 -19 AprilClothing & Shoes
Next partners with finance firms to acquire Jojo Maman Bebe
Next has partnered with a group of finance firms headed by Davidson Kemper to acquire babywear retailer Jojo Maman Bebe for an undisclosed sum. According to BBC News, the deal will see Next acquire a 44% stake in the company with the remaining 56% to be managed by the finance…
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Mar- 2022 -28 MarchOnline & Digital
CyberJammies wakes up to dream solution from Brightpearl
Key facts TREBLED revenue Live in JUST 120 days 5-star customer service Britain’s fastest growing fashion brand, and 11th overall fastest growing online retailer according to Brightpearl’s Lightning 50 “Absolutely everything has improved significantly since we signed up with Brightpearl” – Mark Tweed, brand director, CyberJammies 2020 was the year…
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