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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Apr- 2025 -2 AprilNews-In-Brief
Today’s news in brief-2/4/25
Topps Tiles reported a 4% rise in half-year sales to £127.7m, with underlying growth accelerating to 4.4% in Q2. Trade sales surged 12%, supported by an 11% increase in active traders. However, the retailer warned that National Living Wage and National Insurance hikes will add £4m to annual costs from…
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Mar- 2025 -27 MarchNews-In-Brief
Today’s news in brief-27/3/25
Next has reported record pre-tax profits of £1bn for the year to January 2025, marking a 10.1% increase, and has raised its full-year profit guidance by £20m to £1.06bn. The retailer attributed its strong performance to acquisitions like Reiss and FatFace, with total group sales rising 8.2% to £6.3bn. Online…
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27 MarchDepartment Stores
Next raises outlook as FY profits top record £1bn
Next has reported that pre-tax profits have risen by 10.1% to £1bn for the first time in its history, with the group raising its full-year guidance for the coming year amid further strong trading. In the year to January 2025, full price sales rose by 5.8% while total group sales…
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27 MarchHigh Street
Campaign urges Next, M&S and JD Sports to pay real living wage
The likes of Axa and Scottish Widows are backing campaign group ShareAction in its effort to make major high street retailers such as Next, M&S and JD Sports increase their staff’s pay in line with a real living wage, The Guardian has reported. News of this initiative comes as there’s…
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7 MarchNews-In-Brief
Today’s news in brief-7/3/25
Walgreens Boots Alliance (WBA) has agreed to be acquired by private equity firm Sycamore Partners in a deal worth £23.7bn. The transaction is expected to close in late 2025 and will see WBA become a private company, delisting from Nasdaq.WBA shareholders will receive $11.45 per share in cash, with potential…
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7 MarchClothing & Shoes
Zalando sees FY24 revenues surge to €10.6bn
Zalando has reported that its revenues saw a 4.2% increase year-on-year to €10.6bn (£8.9bn) in FY 2024, despite what it called a rather “muted” macroeconomic environment. Driven by its focus on “driving profitable growth”, Zalando’s adjusted EBIT also reached €511m (£428m) in 2024, up from €350m (£293.9m) a year earlier,…
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Feb- 2025 -26 FebruaryHigh Street
M&S and John Lewis top list for highest female board representation
M&S and John Lewis are among several retailers who are leading the way for gender equality in boardrooms. According to the FTSE Women Leaders Review report for 2025, women now occupy nearly 43% – or a total of 1,275 – of roles on company boards in the UK. A number…
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24 FebruaryNews-In-Brief
Today’s news in brief-24/2/25
Shein, the global online fashion retailer, saw its profits plummet by 40% to $1bn in 2024. The company faced a challenging final quarter and intensified competition from rival Temu. Shein’s declining profitability complicates its efforts to secure regulatory approval for a London listing, with some investors urging a valuation reduction…
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24 FebruaryPeople Moves
Eldon Square appoints new centre director
Eldon Square, the shopping and leisure destination in Newcastle, has appointed Helen Cowie as centre director. As the investment programme in Eldon Square continues with several arrivals set to open this year including Next, River Island, Flight Club and Freight Island, it said Cowie will bring over 30 years of…
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12 FebruaryNews-In-Brief
Today’s news in brief-12/2/25
Kering, the luxury conglomerate behind Gucci, Yves Saint Laurent, and Bottega Veneta, reported a challenging fiscal 2024, with revenue falling 12% to €17.2 billion (£14.3 billion) and EBITDA plummeting 29% to €4.6 billion (£3.8 billion). Gucci’s 23% sales decline to €7.65 billion (£6.37 billion) significantly impacted the group, alongside a…
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